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3 years ago

The difference between nominal GDP and real GDP is that:

Business

1 answer:

Elenna [48]3 years ago

4 0

Answer:

a. real GDP adjusts the value of goods for changes in the price level and nominal GDP does not.

Explanation:

The nominal GDP is calculated by using current prices without adjusting the inflation factor int the prices of goods that are accounted for in the total GDP value. On the other hand the real GDP is calculated by adjusting inflation int he pricesof the goods which included in total GDP value. So the correct option is a. real GDP adjusts the value of goods for changes in the price level and nominal GDP does not.

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Northwest Iron and Steel is considering getting involved in electronic commerce. A modest e-commerce package is available for $3

djverab [1.8K]

Answer:

$8,693

Explanation:

Effective annual interets rate: AI = (1+i/m)^n - 1

i = 3*2=6%, m = 26

AI = [1+6%/26]^26 - 1

AI = 1.0617 - 1

AI = 0.0617

Let semi annual income be $X. So, present value of four semiannual income will be aggregated to get principal invetsed money of $30,000

30,000 = ∑[X/1.0617^n}

30,000 = 3.451 * X

X = 8693.132425383947

X = $8,693

Therefore, firm have to earn $8,693 after every 6 months at an interest rate of 3% per week to recover $30,000 initial investment in 2 years

3 0

2 years ago

In 2008, Jiffy Lube began a marketing campaign which encouraged women to focus on their cardiovascular health. Jiffy Lube's "Mai

grandymaker [24]

Answer:Cause marketing

Explanation:

Cause marketing is the strategy where the motive is to increase the profits of the organisation as well as have concern for the society. Jiffy Lube marketing campaign includes a social cause of maintaining the cardiovascular health and also through this campaign they are trying to raise $1 million which is monetary based.

So cause marketing is for both creating awareness about the cause and also to raise funds to support the campaign. The brand's message is also given as well as the profits are also made through this campaign.

8 0

3 years ago

(problem 13). margo's marginal utility of one dance lesson is 100 utils per lesson. her marginal utility of a new pair of dance

kirill115 [55]

Since Margo purchase her optimal consumption bundle, the marginal utility per dollar consumed on dance lessons must be equivalent to the marginal utility per dollar paid on dance shoes. The marginal utility per dollar spent on dance lessons is 100 utils per lesson, where $50 per lesson is equivalent to 2 utils per dollar. The marginal utility per dollar expended on dance shoes therefore has to equal 2 utils per dollar. Since the marginal utility of a pair of dance shoes cost 300 utils per pair, the value of a pair of shoes should be $150 per pair, so that 300 utils per pair/$150 per pair is equal to: 2 utils per dollar.

6 0

3 years ago

"While standing on a bank you wish to spear a fish in front of you. Would you aim above, below, or directly at the observed fish

arlik [135]

To spear the fish you would need to aim below the observed fish to

make a direct hit -Therefore, in order to strike the fish you should aim below where the fish appears to be. -Answer is( 2) Below; directly

With a laser, you would aim directly at the fish -Answer is (1) none of the above

Explanation:

"In both cases, of course, the light coming from the fish is refracted

away from the normal as it travels through the water surface to your

eyes. As a result, the fish appears closer to the surface than it

really is.

(a) If you are using a bow and arrow to spear the fish you

should realize that the arrow will not deviate as it enters the water;

it will continue along the original straight line path from the bow.

Therefore, in order to strike the fish you should aim below where the

fish appears to be. -Answer is( 2) Below; directly

(b) When you use a laser gun to zap the fish then you should realize

that the beam will be refracted as it enters the water. In fact, the

laser beam will travel along exactly the same path as the light from

the fish (although in the opposite direction!). Therefore, in order to

hit the fish you should aim you laser gun directly where the fish

appears to be."-Answer is (1) none of the above

7 0

3 years ago

Which style of decision making will consumers who develop brand loyalty use?

lys-0071 [83]

Opportunity based decision making

7 0

2 years ago