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2 years ago

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]2 years ago

7 0

Economists call GDP that uses constant, unchanging prices as

Real GDP

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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Dufner Co. issued 14-year bonds one year ago at a coupon rate of 7.9 percent. The bonds make semiannual payments. If the YTM on

valentinak56 [21]

Answer:

Bond price= $1,210.4

Explanation:

Giving the following information:

Coupon rate= 0.079/2= 0.0395

YTM= 0.056/2= 0.028

Face value= $1,000

n= 13*2= 26

To calculate the price of the bond, we need to use the following formula:

Bond Price= cupon*{[1 - (1+i)^-n] / i} + [face value/(1+i)^n]

Bond price= 39.5*{[1 - (1.028^-26)]/0.028} + [1,000 / 1.028^26]

Bond price= 722.67 + 487.73

Bond price= $1,210.4

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2 years ago

Which of the following is not an advantage of using conventional crude oil as an energy source? a.ample supply for several decad

Annette [7]

Answer:

The correct answer is letter "D": environmental costs included in market price.

Explanation:

Oil and other resources like natural gas are used as fuel and energy sources. However, the environmental cost of extracting them is not included in the market price. If that would happen, prices of those sources would not be accessible to regular consumers.

The exploitation of oil emits methane which is a gas even more harmful to the environment than carbon dioxide. Governments in most cases regulate the oil exploitation considering the environmental impact of that activity.

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2 years ago

Kassandra Young is a business manager at Weith Productions. Although she does not have a background in technology, her job requi

Vadim26 [7]

Answer:

D. Dashboard

Explanation:

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The company employs a single employee who works all five weekdays and is paid on the following Monday. The employee works the en

IrinaVladis [17]

Answer: The answer is provided below

Explanation:

Adjusting entries are the entries that are passed at the end of the year. They are passed to adjust the account so as to make them follow the matching principle.

In the calculation attached, it should be noted that the salary expenses was calculated as the amount earned per day by the number of days. This is:

= $800 × 5

= $4000.

The necessary journal has been attached

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2 years ago

Wisteria Co. produces snowboards and uses a standard cost system. Variable overhead is applied using direct labor hours. Standar

Ket [755]

Answer:

Variable overhead rate variance = $2,870 favorable

Explanation:

Variable overhead rate variance is the difference between the standard cost allowed for variable production overhead and the actual variable cost incurred.

This computed as follows:

17,130 hours should have cost ( 17,130 ×7.20) 123336

but did cost 120,466

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