The nation's nominal GDP does not take inflation into account. To solve this problem, we simply calculate the nation's nominal GDP in Year 4, ignoring the base prices. Keep in mind that if we were calculating real GDP, we would have to use the base year prices in our GDP calculation.
Year 4:
Computers: 17 x 2200 = 37,400
Televisions: 20 x 550 = 11,000 +
Total GDP =$48,400
Answer is C) 48,400
Answer:
B)
Explanation:
Makes the most sense considering the scenario.
Answer: c. The senior staff member cannot be fired for refusing to take the polygraph test.
Explanation: For refusing to take a polygraph test on the grounds of selling confidential business information to a competitor, the senior staff member cannot be fired. Under the Employee Polygraph Protection Act (EPPA) of 1988, private employers are prohibited from administering polygraph tests to their employees, to request results from the polygraph test, and also to or discharge, discipline, or discriminate against them for refusing to take the test whether for employment purposes or during the course of employment. However, there are exceptions for security firms and employees of the federal, state or local government agencies.
Answer:
The correct answer is letter "B": 10 years
.
Explanation:
The standard repayment method of student loans is the most commonly used among college borrowers because most of them do not choose one repayment plan at the moment of selecting the loan. The standard repayment term is defaulted by the creditor in 120 months or 10 years.