Answer:
<h2>The correct answer in this case is option D. or The two indexes measure price changes for different "baskets" of products.</h2>
Explanation:
Both GDP deflator and Consumer Price Index(CPI) measure the variation or fluctuation in the price level of goods and services in the economy.GDP deflator is measured based on the variable baskets of goods and services produced by any country or economy.In other words,GDP deflator is estimated based on the costs or market value of a specific basket of goods and services produced by the country or economy which is compared with the cost or market value of the same set of goods and service in any previous base year.Under GDP deflator,this basket of goods and services varies periodically.CPI also uses the same concept but the specific basket of goods and services used to calculate CPI is fixed and does not vary over time or periodically,unlike GDP deflator.
Answer:
Jane's total cost is $60,000.
Explanation:
This is because of the phenomenon called Opportunity Cost.
Simply put, opportunity cost is the cost of the next best alternative use of resources when a choice is made at the detriment of another.
We can also define it by saying, Opportunity Cost is the forgone alternative.
So we know she spent $50,000 to start her business, but would have made 10% of $100,000 which is $10,000 which is the opportunity cost, she has incurred a total cost of $60,000.
Answer:
The balance of trade will not change but the balance of payment will improve.
Explanation:
A balance of trade is defined as the difference between country's export and import value during a given period of time.
A balance of payment can be defined as a statement which keeps record of all the monetary transaction, that are made between the country's resident and rest of the world during a specific period of time.
Purchase of U.S government securities by Japanese insurance company will surely improve the balance of payment from the U.S perspective but the balance of trade with Japan is not likely going to change.
Answer:
The correct answer is: Online transaction processing (OLTP).
Explanation:
The acronym OLTP stands for Online Transaction Processing. These procedures facilitate the management of transactional applications for data entry, recovery and processing. It is typical of operational databases, and the software packages used for these technologies are based on the client-server technique. These systems are often used by companies that enjoy a distributed computer network, such as the agents responsible for the supply chain, airlines, banks, industry, etc.
This system optimizes access to data, facilitating the tasks of reading, writing and analysis that are carried out frequently. OLTP procedures structure this data according to its level of application (custom management program, CRM or ERP implemented ...), in addition, they do not have to remain uniform in different departments due to the common lack of compatibility. Finally, they are characterized because the data history is limited to the present or to the most recent.
In this way, the systems of this technology record the business interactions that are produced throughout the daily operation of the organization, admitting the consultation of data for different interventions.
