Answer:15%
Explanation:
Inflation growth= Money stock Growth - Real GDP growth
=15%-6%
=9%
Nominal GDP= Real GDP+ Inflation growth
=6%+9%=15%
Answer: 1) increases and 2) increases
Explanation:
When a government cuts tax on gasoline then it will become cheaper for the consumer as well as for the suppliers of gasoline. So, they increase the supply of gasoline because of the tax cut by the government.
Also, if the oil producing companies decided to increase the production at the same time then this will also increase the supply of gasoline.
Hence, both tax cut by the government and increase in oil production results in higher supply of gasoline.
Answer:
sales tax = 8.2 %
base value = 25% increase
Explanation:
given data
bought = $15.25
final bill = $16.50
to find out
the sales tax rate
solution
we take tax rate and divide by original price tat is
take rate is = 16.50 - 15.25 = $1.25
so
sales tax = 
sales tax = 8.1967 %
so correct option is 8.2%
and
we consider height of Redwood tree = x feet
and height of Oak tree = y feet
so that difference in height of two trees are = change in height from Oak tree to Redwood tree is
difference in height of two trees = | x - y |
so that % change height Oak tree to Redwood tree
thus % change height from Oak tree to Redwood tree taking
so that
Oak tree as base value will be
base value = 
× 100
base value = 
× 100
base value = 25% increase
Answer:
False
Explanation:
The revenue principle and the matching principles are two principles that help in the determination of the period in which expenses and revenues are recognized. In line with the principle, as long as any revenue is realizable, then such expenses or revenues are recognized. As long as services are rendered or goods transferred, regardless of the time in which the cash is received, revenue is recognized. However, accrued revenue is that which is recognized before receiving cash, while deferred revenue is the revenue recorded or realized after receiving cash.
Answer:
Three cases are considered: First case is to construct a small factory, second is to construct a large factory and third is to do nothing.
Construct a Small Facility is the most suitable option from the business perspective which makes case 1 recommended.
Explanation:
Case 1 - Construct a small facility
Return = [P(High Demand) x Revenue in case of High Demand] + [P(Low Demand) x Revenue in case of Low Demand] - Cost of Setup
= [ 0.4 x 12 ] + [ 0.6 x 10 ] - 6 = $ 4.8 million
Case 2 - Construct a Large Facility
Return = [P(High Demand) x Revenue in case of High Demand] + [P(Low Demand) x Revenue in case of Low Demand] - Cost of Setup
= [0.4 x 14] + [0.6 x 10] - 9 = $ 2.6 million
Case 3 - Do Nothing
Return = 0
