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]
2 years ago
7

The difference between nominal GDP and real GDP is that:

Business
1 answer:
Elenna [48]2 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
After an interview, you are told that the company is unsure of when a decision will be made. Because you have some time and want
bixtya [17]

Answer:

Send a separate letter to each interviewer ; Mention something you liked about the interview

Explanation:

Sending a follow up message to recruiters (interviewers) after few days of an interview about the status of your job application, assists in updating prospective employee & re-emphasises on the applicant's profile suitability for the job.

Writing a separate letter to each interviewer, mentioning something you like about the interview : Makes you build a good rapport with prospective employers, highlights your professional personality positive traits. It also appreciates the company for their selection procedure time spent on you as an applicant.

3 0
3 years ago
Cody Barnett describes starting and managing your own business as
artcher [175]

Answer:

Time consuming.

Explanation:

More and more people dream of having their own business not only to dedicate themselves to doing something they like, but also to have more freedom with their time and money.

However, despite the increase in the number of people with this entrepreneurial spirit, not all of them have a deep knowledge of what it means to undertake and are not well aware of the advantages, disadvantages, how to start a business and what kind of profitable businesses can be developed. In addition, many people do not know that setting up their own business is difficult, laborious and time consuming and requires a lot of patience, perseverance and dedication.

4 0
3 years ago
Suppose two economists are debating tax reform bill. Both economists agree that the bill would increase the after-tax income of
Margarita [4]

Answer:

The correct answer is letter "C": Different choices about the right simplifications to use in economic analysis.

Explanation:

Economic Analysis refers to the study of economic situations within a region using different tools for that purpose that will let determine what the possible solutions and consequences of taking decisions of those situations could be. That is why in the case the two economists after analyzing the effects of the tax reform bill decided not to implement it.

5 0
3 years ago
What is a saturated market like for sellers? A. Consumer demand is higher. B. It contains more available consumers. C. It is mor
mestny [16]
Hello,

The answer should be option D "<span>It encourages companies to produce more of the product".

Reason:

A saturated market is a product that is distributed which means companies would have to make more of that product in order to make money, and to have more consumers buy their products. The answer is not option A because the consumer will demand more of the product but not to be higher. Its not option B because the product is being distributed among people but not different consumers. Its also not option C because its not against other markets. Therefore the answer is option D.

If you need anymore help feel free to ask me!

Hope this helps!

~Nonportrit </span>
4 0
3 years ago
Read 2 more answers
In a project schedule, which types of dependencies are most common?
ANTONII [103]
Finish to start dependency- This is the most common type of dependency in project management as well as real life.
6 0
3 years ago
Read 2 more answers
Other questions:
  • You notice that​ Coca-Cola has a stock price of $ 40.68 and EPS of $ 2.04. Its competitor PepsiCo has EPS of $ 3.43. ​But, Jones
    12·1 answer
  • Nell and Kirby are in the process of negotiating their divorce agreement. What should be the tax consequences to Nell and Kirby
    14·1 answer
  • Agee Technology, Inc., issued 9% bonds, dated January 1, with a face amount of $1,700 million on July 1, 2018, at a price of $1,
    15·1 answer
  • Jackie is doing a marginal analysis to decide if she should spend any more money on a movie download. After figuring out her mar
    11·2 answers
  • One of the steps the U.S. Sentencing Commission delineated companies must implement to demonstrate due diligence is that a firm
    10·1 answer
  • Which transactions are typically accounted for by using the relative sales value method to calculate unit purchase cost?
    11·1 answer
  • Consider an oligopoly industry whose firms have identical demand and cost conditions. If the firms decide to collude, then they
    7·1 answer
  • Placing officers of a ________ firm on the board of directors of a new firm can reduce the problem of ________.
    14·1 answer
  • Who is credited with pioneering the principles of the scientific approach to management
    12·1 answer
  • What do you call a specific Market group that wants, and can afford, your product
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!