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
Lesechka [4]
3 years ago
14

How is nominal gdp converted to real gdp?

Business
1 answer:
Artemon [7]3 years ago
5 0

By eliminating the effects of price increases on GDP growth

You might be interested in
In 2016, Bubble Inc. had net income of $500,000, assets of $5,000,000, sales of $2,000,000, and debt of 2,000,000. In 2017, Bubb
victus00 [196]

Answer:

No

Explanation:

The computation of the return of assets is calculated by applying the formula which is shown below:

Return on assets = Net income ÷ assets

In 2016, the return on assets would be equal to

= $500,000 ÷ $5,000,000

= 0.1

In 2017, the return on assets would be equal to

= $600,000 ÷ $7,000,000

= 0.085

By comparing the return on assets for both the years, we get to know that the return on assets is declining from 2016 to 2017

7 0
3 years ago
A creamery shop sells its special ice cream for $4.50 a quart. It costs them $3.00 a quart to make it. The daily demand for this
jenyasd209 [6]

Answer and Explanation:

The computation of the service level and the corresponding optimal stocking level is shown below:

Given that

Selling price = SP = $4.50

Cost price = CP  = $3.00

So,

Salvage value =  V  = $1.50

Average daily demand (d) = 35 quarts

The  standard deviation of daily demand  = 4 quarts

based on the above information

Overage cost = (Co) is

= CP - V

= $3.00 - $1.50

= $1.50

Now

Underage cost= (Cu)

= SP - CP

= $4.50 - $3.00

= $1.50

So,  

Service level is

= Cu ÷ (Co + Cu)

= 1.50 ÷ (1.50 + 1.50)

= 1.50 ÷ 3.00

= 0.50

= 50%

Now

At 50 % service level, the value of Z is 0

So,

Optimal stocking level is

= d + Z × standard deviation

= 35 + (0  × 4)

= 35 + 0  

= 35 quarts

7 0
3 years ago
When the Northern Hemisphere is tilted towards the Sun, what seasons will the two hemispheres be experiencing?​
kari74 [83]

The Northern Hemisphere will be in summer with it is tilted towards the sun, and the Southern Hemisphere will be in winter because it is tilted away.

This is easy to remember because when one hemisphere is closer to the sun, it will be warmer.

4 0
3 years ago
Firms that truly adopt the marketing concept develop a distinct organizational culture based on a shared set of beliefs that mak
natita [175]

Answer:

True

Explanation:

Marketing is about to under understanding what generate values to the customer.

6 0
3 years ago
Sometimes employees have different opinions about how things should be done, or simply have a personality conflict, and then Can
erma4kov [3.2K]

Answer:

<u>disturbance handler role of management</u>

Explanation:

Note that a manager <u><em>not only</em></u> directs employees but also resolves disputes among employees. In this scenario, Candace plays the disturbance handler role of management which involves a manager to fairly use his position of authority to resolve conflicts among employees.

3 0
3 years ago
Other questions:
  • The following labor standards have been established for a particular product: Standard labor-hours per unit of output 10 hours S
    8·1 answer
  • Merticao, a French textile company, supplied most of its products to its primary market in Hestonia, a North American nation. Ho
    7·1 answer
  • Use the following data to compute total manufacturing costs for the month:
    11·1 answer
  • Celestin Manufacturing Company incurred $5,000 of depreciation on its manufacturing equipment during its first year of operation
    14·1 answer
  • Judy acquired passive Activity A in January 2013 and Activity B in July 2014. Until 2018, Activity A was profitable. Activity A
    9·1 answer
  • Why does supply decrease when the price<br> of resources increases?
    8·1 answer
  • Your grandparents put $10,200 into an account so that you would have spending money in college. You put the money into an accoun
    13·1 answer
  • 6 what is electrical Filling ?​
    11·1 answer
  • Do/your/assignment/did/you?​
    5·2 answers
  • What would you say is the key difference between a nft and an art print?.
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!