Answer:
D. either real output or the price level (GDP deflator) have increased.
Explanation:
GDP is the total value (price x quantity) of goods & services produced by an economy during an a time period.
Real GDP is calculated on the basis of base year price index. Nominal GDP is calculated on the basis of current year price index.
So: Real GDP increases only due to rise in output quantity, not by price. Nominal GDP can increase due to rise in both output quantity or in price level (reflected in deflator).
This makes Real GDP a better measure of Economic growth than Nominal GDP, since it captures effect of increased production only (& not price).
Deflator is a measure of average price level change =
<u>Nominal GDP</u> X 100
Real GDP
Deflator > 100 shows inflation in general price level, Deflator < 100 shows deflation in general price level.
Answer:
D. $180,000
Explanation:
Accrued interest on the note payable at the balance sheet date is the carrying amount of the note multiplied by the interest rate on the note. Because the first payment was made 10/1/Year 2, the carrying amount of the note is $2,400,000 ($3,600,000 - $1,200,000). Also, interest has accrued for only 9 months since the first payment. As a result, accrued interest payable is $180,000 [$2,400,000 × 10% × (9 months ÷ 12 months)].
Answer:
The answer is: A) Jake most likely has the lowest job satisfaction.
Explanation:
In a job satisfaction scale, Jake would be the most dissatisfied. Jake is very anxious about his job, he may like doing it, but he needs a better salary (too many debts and expenses). Eventually he will probably quit that job if he finds a better paying one.
Kylie has the highest level of job satisfaction. She enjoys her work and feels good about it. She strongly believes that she is doing something really good for other people in need. Samantha´s level of job satisfaction is in the midpoint, she likes her job but isn´t that excited about it.
Answer:
The answer is 1/3.
Explanation:
No of 1 degree product = B = 12 x 1
No of 2 degree product = B = 8 x 4.5
Ratio of A / B = 12 ÷ ( 8 x 4.5)
Ratio of A / B = 1÷3.
Answer:
Smith Companypurchases components from three suppliers. Components purchased from Supplier A are priced at $5 each and used at the rate of 20,000 units per year. Components purchased from Supplier B are priced at $4 each and are used at the rate of 2,500 units per year. Components purchased from Supplier C are priced at $5 each and used at the rate of 900 units per year. Smith incurs a holding cost of 20 percent per year. Currently, Smithpurchases a separate truckload from each supplier. As part of JIT drive, Smith has decided to aggregate purchases from the three suppliers. The trucking company charges a fixed cost of $400 for the truck with an additional charge of $100 for each stop. Thus, if Smith asks for a pickup from only one supplier, it charges$500; from two suppliers, it charges $600, and from three suppliers, it charges $700. Suggest a replenishment strategy for Smith that minimizes annual cost.
Required:
Compare the cost of your strategy with Smith's current strategy of ordering separately from each supplier.
Explanation:
I don't know
