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Elza [17]
4 years ago
10

In year 1, nominal GDP for the United States was $2,250 billion and in year 2 it was $2,508 billion. The GDP deflator was 72 in

year 1 and 79 in year 2. Between year 1 and year 2, real GDP rose by:_______
a. 11.4 percent.
b. 2.4 percent.
c. 1.6 percent.
d. 9.7 percent.
Business
1 answer:
leonid [27]4 years ago
7 0

Answer:

c. 1.6 percent.

Explanation:

GDP Deflator = Nominal GDP / Real GDP * 100

year 1

Real GDP = $2250 billion/72*100

                = $ 3125.

year 2

Real GDP = $2508 billion/79*100

                = $3175  

Real GDP rose by = Real GDP (2nd year) - Real GDP (1st year)

                              = $3175 - $3125

                              = $ 50

% increase = $50/$2,250*100

                  = 1.6%

Therefore, The Real GDP rose by 1.6%.

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Answer:

$18,400

Explanation:

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6 0
4 years ago
The AUD/$ spot exchange rate is AUD1.60/$ and the SF/$ is SF1.25/$. The AUD/SF cross exchange rate is _____. Group of answer cho
DaniilM [7]

Answer:

a. $1.2800

Explanation:

The AUD/SF cross exchange rate is as computed below:

==> AUD/$ ÷ SF/$

==> $1.60 / $1.25

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So, the AUD/SF cross exchange rate is $1.2800

6 0
3 years ago
Under a _____ costing income statement, only variable costs are included in the computation of total cost per unit.
Crazy boy [7]

Answer:

Variable costing income statement

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The Variable costing income statement only includes variable costs in the cost per unit product. Variable costs examples are raw materials, direct labor and other variable overheads.

The fixed manufacturing costs together with the non-manufacturing costs are treated as period costs and expensed in the period in which they are incurred.

5 0
3 years ago
PLEASE HELP WILL GIVE BRAINLIEST TO CORRECT ANSWER
beks73 [17]

B is the answer 98 percent sure hope it helps

4 0
3 years ago
Musical Charts just paid an annual dividend of $1.84 per share. This dividend is expected to increase by 2.1 percent annually. C
Ksenya-84 [330]

Answer:

Ke = Rf + β(Rm - Rf)

Ke = 4.3 + 1.12(13.2 - 4.3)

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