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pickupchik [31]
3 years ago
13

Which of the following is correct? a. Nominal GDP is the variable most commonly used to measure short-run economic fluctuations.

These fluctuations can be predicted with some accuracy. b. Real GDP is the variable most commonly used to measure short-run economic fluctuations. It is almost impossible to predict these fluctuations with much accuracy. c. Real GDP is the variable most commonly used to measure short-run economic fluctuations. These fluctuations can be predicted with some accuracy. d. Nominal GDP is the variable most commonly used to measure short-run economic fluctuations. It is almost impossible to predict these fluctuations with much accuracy.
Business
1 answer:
Rufina [12.5K]3 years ago
3 0

Answer:

C. Real GDP is the variable most commonly used to measure short-run economic fluctuations. These fluctuations can be predicted with some accuracy.

Explanation:

GDP is the sum of the values of all goods and services produced by an economy in a given period. The difference between nominal GDP and real GDP consists in the fact that nominal GDP is calculated at current prices, while real GDP is calculated at constant prices, ie it is calculated under a base year chosen to eliminate the effect of inflation. A more consistent assessment considers real GDP. The measurement technique consists of deflating GDP by a price index that allows measuring only changes in quantities and not in market prices. Usually, the techniques for measuring GDP have a good forecast.

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The business was started when the company received $48,500 from the issue of common stock. Purchased equipment inventory of $176
masya89 [10]

Answer:

Total current liabilities  85.008,33‬

Explanation:

current liabilities: obligations that will setlte within a one-year period

<em />

<em>accounts payable</em> from the purchase of equipment:

cost:          176,500

paid:      <u>  (125,900)  </u>

balance:    50,600

<em />

<em>waranty liaiblity:</em>

191,000 x 5% = 9,550

<em>sales tax payable:</em>

sales for     191,000

paid for   <u>  (141,000)  </u>

unpaid for  50,000 x 6% = 3,000

<em>note payable</em> with a local bank:

principal:   21,500

accrued interest: 21,500 x 5% x 1/3 = 358,33

net:   21,858.33

<u>Total current liabilities:</u>

accounts payables 50,600

warrant liability:        9,550

sales tax payable:    3,000

note payable:     <u>    21,858.33   </u>

                             85.008,33‬

5 0
3 years ago
Robinson spends all his income on mangos and bananas. Mangos cost $3 per pound. Robinson's marginal utility is 30 for the last p
ANEK [815]

Answer:

$1 per pound

Explanation:

Marginal utility is defined as the additional satisfaction that a person gains from consumption of an additional unit of a product.

Since Robinson spends all of his money on mangoes and bananas his the marginal utility per price of each product will be equal.

This is called equi marginal utility (Gossens second law).

Marginal utility of mango ÷ price of mango = marginal utility of banana ÷ price of banana

30 ÷ 3 = 10 ÷ price of mango

10 = 10 ÷ price of mango

Cross multiply

Price of mango * 10 = 10

Price of mango = 10 ÷ 10 = $1 per pound

8 0
3 years ago
What is the anser to -2+1=
Serhud [2]

Answer: -1

Explanation: Maffs

5 0
2 years ago
Read 2 more answers
A new per unit subsidy for hybrid car production increases the supply of hybrid cars. If hybrid cars are elastically demanded, w
Liula [17]

Answer:

A) They will rise.

Explanation:

In case when the demand for hybrid cars are in elastic so here the total revenue should be rises as due to the subsidy, the price would decline and the supply rises this results there is a rise in demand that shows elastic so the demand rise at high percentage as compared to decline percentage with respect to the level of price

Due to this, the revenue would increase

Hence, the correct option is A.

5 0
3 years ago
As part of the calculation for cost of goods sold it is necessary to determine the value of goods on hand, termed merchandise in
Ket [755]

Answer:

The two methods or systems for determining the amount of merchandise inventory are:

the perpetual inventory system and periodic inventory system.

Explanation:

The perpetual inventory system requires that separate accounts be kept for Inventory and Cost of Goods Sold to enable a continuous or perpetual update of inventory transactions.  This is unlike the periodic inventory system, where the update of inventory transactions are done periodically, and only the Inventory Purchase account is maintained for inventory transactions, with the Inventory balances and Cost of Goods Sold determined periodically.

6 0
3 years ago
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