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mylen [45]
3 years ago
11

Item 3 What do economists call GDP that uses constant, unchanging prices? constant GDP real GDP nominal GDP factual GDP

Business
1 answer:
Ivenika [448]3 years ago
7 0

Economists call GDP that uses constant, unchanging prices as

<u>Real GDP</u>

Explanation:

  • Real gross domestic product (real GDP for short) is a macroeconomic measure of the value of economic output adjusted for price changes . This adjustment transforms the money-value measure, nominal GDP, into an index for quantity of total output.
  • It is calculated using the prices of a selected base year. To calculate Real GDP, you must determine how much GDP has been changed by inflation since the base year, and divide out the inflation each year.
  • Real GDP  accounts for the fact that if prices change but output doesn't, nominal GDP would change.
  • The real economic growth, or real GDP growth rate, measures economic growth as it relates to the gross domestic product (GDP) from one period to another, adjusted for inflation, and expressed in real terms as opposed to nominal terms
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Answer:

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Answer:

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4 years ago
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Southern Style Realty has total assets of $485,390, net fixed assets of $250,000, current liabilities of $23,456, and long-term
victus00 [196]

Answer:

total debt ratio  = 0.3532

Explanation:

given data

total assets = $485,390

net fixed assets = $250,000

current liabilities = $23,456

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to find out

total debt ratio

solution

we get here total debt ratio that is express as

total debt ratio = ( current liabilities + long-term liabilities ) ÷  total assets ........1

put here value we get

total debt ratio = \frac{23456+148000}{485390}  

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3 years ago
Augi is the hottest new pop singer, but her agent discovers that Internet sales of Augi's music have been poor due to Internet p
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