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dusya [7]
3 years ago
6

1. How is real GDP different from GDP? A. Real GDP takes inflation into account. B. GDP takes inflation into account. C. Real GD

P uses utility rather than dollars as a unit of measurement. D. GDP only uses dollars as a measurement.
Business
2 answers:
Rudik [331]3 years ago
8 0
B. GDP takes inflation into account.
Paladinen [302]3 years ago
8 0

Answer:

Real GDP takes inflation into account ( A )

Explanation:

GDP ( gross domestic product ) is divided into two which are the Nominal GDP and the Real GDP. the Nominal GDP is the GDP that is calculated based on the monetary value of the goods and services produced at a given time without putting into consideration the factors of inflation and deflation in the market. while Real GDP is the GDP of a country or region that is used to calculate the value of finished goods and services produced in the country within a given time period it also puts into consideration before giving its final results the effects of inflation and deflation in the market.

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The existing balance in Allowance for Doubtful Accounts is considered in computing bad debts expense in the A. direct write-off
AlexFokin [52]

The correct answer is choice b - the percentage of receivables basis.

When an accountant is calculating the bad debts expense they will take into account the balance in the Allowance for Doubtful Account when they are calculating on the percentage of sales basis.

8 0
3 years ago
Employees are a vital part of the success of a service based business, particularly because they are normally present and intera
g100num [7]

Answer:

true

Explanation:

employees play a significant role in the success of a service based business because they build an atmosphere of trust , confidence and loyalty among the customer by interacting with the customer while the service is being provided.

8 0
3 years ago
There are three clues labeled "daily double" on the game show Jeopardy. If three equally matched contenders play, what is the pr
yulyashka [42]

Answer:

a)  0.0358

b)  0.0395

c)  0.1506

Explanation:

Number of clues "daily doubles" = 3

Determine the probabilities

<u>a) P(single contestant finds all three ) </u>

assuming event A= a returning champion gets the "daily double" in first trial

P(A) = 1/30 , P(~A) = 29/30              

assuming event B = any player picks up "daily double" after the first move

P(B |~A ) = 1/3

hence : P ( B and ~A ) = 29/30 * 1/3 = 29/90

<em>considering second round </em>

P(player chooses both daily doubles ) = 1/3 * 1/3 = 1/9

∴ P(single contestant finds all three )  = 29/90 * 1/9 = 0.0358

<u>B) P ( returning champion gets all three ) </u>

= (1/30 + 29/90 )* 1/9

= 32 / 810 = 0.0395

<u>c) P ( each player selects only one )</u>

P = 32/405 + 29/405

  = 61 / 405 = 0.1506

7 0
3 years ago
One of the questions in the Pew Internet &amp; American Life Project asked adults if they used the Internet at least occasionall
g100num [7]

Answer:

Explanation:

S/N   Age range       Adult Population       Population Internet Users

A       18   -    29                 478                                 454

B       30   -    49                833                                 741

C       50 and above         1644                                1058

             Total                     2955                               2253

a) Let E = Estimate proportion and A = Internet users

Hence, n(E) = 478 and n(A) = 454

∴ Probability of Internet users (18 - 29), P(A) = n(A)/n(E) = 454/478 = 0.9498 (94.98%)

b) n(E) = 833 and n(B) = 741

∴ Probability of Internet users (30 - 49), P(B) = n(A)/n(E) = 741/833 = 0.8896 (88.96%)

c) n(E) = 1644 and n(C) = 1058

∴ Probability of Internet users (50 and above), P(C) = n(C)/n(E) = 1058/1644 = 0.6436 (64.36%)

d) Let Et = Total estimate proportion

Hence, n(Et) = 2955 and n(A) = 454

∴ Probability of 18 - 29 age range using Internet overall Pt(A) = n(A)/n(Et) = 454/2955 = 0.1536 (15.36%)

4 0
4 years ago
The real risk-free rate of interest, k*, is 4 percent, and it is expected to remain constant over time. Inflation is expected to
Elenna [48]

Answer:

8.3%

Explanation:

Real risk - free rate of interest ( k* ) = 4%

Inflation for next four ( 4 ) years = 2% per year

Inflation rate after four years = 5%

maturity risk premium =  0.1 ( t - 1 )%

<u>Determine Yield on a 10-year Treasury bond </u>

t = bond's maturity

Yield = Real risk - free rate + maturity risk premium + inflation rate

Inflation rate for 10 years = ( 4  + 30 ) / 10  ) % = 3.4%

Yield = 4% + 0.1(10- 1)% + 3.4

         = 4% + 0.9% + 3.4%

         = 8.3%

4 0
3 years ago
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