1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
cupoosta [38]
3 years ago
7

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.

You might be interested in
_______ is a great way to broaden or narrow your search.
natulia [17]
D asking your instructor to assign you a topic
5 0
3 years ago
Read 2 more answers
If a currency such as the​ US$ is traded in a competitive​ market, a(n)​ ________ in demand for the​ US$ ________ the price of t
Lerok [7]

Answer:

If a currency such as the​ US$ is traded in a competitive​ market, a(n)​ increase in demand for the​ US$ raises the price of the​ US$ in terms of another currency such as the Japanese Yen ​(yen​).

Explanation:

Basic offer and demand law.

5 0
3 years ago
A decrease in the price of DVD players leads consumers to buy more DVD players. From this information we can conclude that DVD p
Andrej [43]

Answer:

E. None of the above is correct.

Explanation:

3 0
3 years ago
Consider Emily's balance statement:
notsponge [240]

Answer:

see below

Explanation:

A balance sheet is prepared following the accounting principles of assets equal to liabilities plus equity. Assets are left side while equity and liabilities on the other.

Assets are valuable that a business owns. Liabilities refer to the debts or loans of the business. It is what the business owes others. Equity is the owner's contribution to the business.

In this balance sheet,  Emily has confused assets and liabilities.

The column labeled as liabilities represents assets. She should change that. This column should be the topmost column.  She has interchanged the labels for liabilities and assets. The difference between assets and liabilities should be equity.

8 0
3 years ago
Read 2 more answers
A differentiation strategy is based on creating a product that customers perceive as being: a. cheaper, but inferior to the avai
inna [77]

Answer:

c. superior to other available products.

Explanation:

When using the differentiation strategy, a business aims to distinguish itself from the competition by offering a product or service that is perceived as unique or better when compared to what is currently available on the market. Therefore, the alternative that best fits this description is alternative c. superior to other available products.

8 0
4 years ago
Other questions:
  • An intoxicated guest asks for one last drink shortly after last fall, but the server already cashed out. Should the server bring
    11·1 answer
  • PLEASE HELP. Choose from one of the five (5) workplace skills listed below. Then explain why an employer might be more willing t
    6·1 answer
  • 2021 2020 Income Statement Information Sales revenue $ 8,400,000 $ 7,900,000 Cost of goods sold 5,535,600 5,400,000 Net income 3
    9·1 answer
  • Who is the richest man in the wolrd
    13·1 answer
  • Steve Jobs was a demanding perfectionist when it came to his business. In fact, the case recounts instances where Jobs would hav
    6·2 answers
  • The accounts payable account is listed in the chart of accounts as an asset.<br> True<br> False
    10·1 answer
  • On the cost of goods manufactured schedule, the cost of goods manufactured agrees with the:________ a. total debits to Work in P
    14·1 answer
  • MC Qu. 138 Fortune Company's direct materials... Fortune Company's direct materials budget shows the following cost of materials
    7·1 answer
  • I'll give 20 points if you just answer this riddle: You see a boat filled with people. It has not sunk, but when you look again
    7·2 answers
  • Listing contracts, disclosures, and seller net sheets all have to do with<br> an understanding of:
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!