Answer:
The growth rate in nominal GDP is 19.72%
Explanation:
Nominal GDP is the value of goods and services produced in an economy in a particular year and it is not adjusted for inflation.
Nominal GDP Year 1 = 100 * 3 + 75 * 8 = $900
Nominal GDP Year 2 = 110 * 3.25 + 80 * 9 = $1077.5
The growth rate in nominal GDP can be calculated by using the following formula,
Growth rate = (Nominal GDP Year 2 - Nominal GDP Year 1) / Nominal GDP Year 1
Growth rate in GDP = (1077.5 - 900) / 900 = 0.1972 or 19.72%
Both Monopoly and Oligopoly have large market shares. Unlike monopoly where only one business holds 100% of the market, oligopoly is composed of a few businesses that have market shares. Each movement or decision made by any companies in an oligopoly will greatly affect the market.
Monopoly = 100% market share, has a say on supply and price of goods or services offered.
Oligopoly = 2 or 3 companies share the market. Each have at least 33% of the market. Any change made by one business will affect the other remaining businesses.
C is the answer
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Answer: Step by step explanation of the consolidated balance sheet is given in the attached document.
Explanation:
Consolidated Balance Sheet
A consolidated balance sheet presents the assets and liabilities of a parent company and all its subsidiaries on a single document, with no distinctions on which items belong to which companies. If your company has $1 million in assets and it purchases subsidiaries with assets of $400,000 and $300,000, respectively, then your consolidated balance sheet will show $1.7 million in assets, and the sheet will commingle those assets. For example, in the asset section, accounts receivable will list the total amount of receivables held by all three companies.
When to Consolidate
A company must issue consolidated financial statements whenever it owns a controlling stake in another business – that is, whenever it owns more than 50 percent of that business. If the parent company owns 100 percent of the subsidiary, this is pretty straightforward. Complications arise, however, if the parent company owns a controlling stake with less than 100 percent ownership. Part of the subsidiary belongs to someone else, and that must be reflected on the balance sheet.
Correct/Complete Question:
The view that the family is an enduring social institution because of the important tasks it performs for society — economic security, emotional support, socialization of children — is the __________ perspective.
A. interactionist
B. feminist
C. family systems
D. structure-functional
Answer:
D, structure-functional
Explanation:
A family is seen from structure-functional perspective because of its structure (father,mother, children) as well as its functions (economic security, emotional support, etc) to the society.
This means that the family system is a structured and working system that helps the society in different ways to ensure the well-being of the society at large.
I hope this helps.
