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STALIN [3.7K]
2 years ago
11

Suppose an economy produces only cranberries and maple syrup. In 2010, 50 units of cranberries are sold at $20 per unit and 100

units of maple syrup are sold at $8 per unit. In 2009, the base year, the price of cranberries was $10 per unit and the price of maple syrup was $15 per unit. For 2010
a. nominal GDP is $1800, real GDP is $2000, and the GDP deflator is 90.b. nominal GDP is $1800, real GDP is $2000, and the GDP deflator is 111.1.c. nominal GDP is $2000, real GDP is $1800, and the GDP deflator is 90.d. nominal GDP is $2000, real GDP is $1800, and the GDP deflator is 111.1.
Business
2 answers:
enot [183]2 years ago
7 0

Answer:

a. nominal GDP is $1800, real GDP is $2000, and the GDP deflator is 90

Explanation:

Gross domestic product is the sum of all final goods and services produced in an economy within a given period which is usually a year..

Nominal GDP is GDP calculated using current year prices.

Real GDP is GDP calculated using base year prices.

Nominal GDP = (50 × $20) + (100 × $8)

= $1800

Real GDP = (50 × $10) + (100 x $15) = $2000

GDP =( nominal GDP/ real GDP) × 100

($1800/$2000) x 100 = 90

I hope my answer helps you

mestny [16]2 years ago
5 0

Answer:

A. 90

Explanation:

nominal GDP = 50*20 + 100*8 = 1800

real GDP = 50*10 + 100*15 = 2000

GDP deflator = (nominal GDP/ real GDP)*100 = (1800/2000)*100 = 90

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A house is constructed in a neighborhood that is substantially larger than the existing houses. Based on the value principle of
Levart [38]

Answer: (2) Conformity

Explanation:

The conformity is one of the principle value and it basically refers to the behavior, attitude and the beliefs for the social and the political group.

The term conformity is basically used to describe the person behavior and also beliefs so that the person are able to fit in the specific groups.

It is the process of matching the norms that are implicit and shared by the individual groups for the interaction and this principle value are adversely affected.  

Therefore, Option (2) is correct.

7 0
3 years ago
Is this the Right answer?
Vinil7 [7]
You did answer correctly gg
8 0
2 years ago
Read 2 more answers
6%/12%Your grandmother is giving you $100 a month for four years while you attend college to earn your bachelor's degree. At a 6
RoseWind [281]

Answer:

The answer is "0.39010989"

Explanation:

PMT= 100\\\\n= 4 \times 12 =48 \\\\r= \frac{6.0}{12}= 0.005

PV =?

PV= PMT\times \frac{(1-\frac{1}{1+r^n})}{r}

      =100 \times \frac{(1-\frac{1}{1+0.005^{48}})}{0.005}\\\\=100 \times \frac{(1-\frac{1}{1+3.55})}{0.005}\\\\=100 \times \frac{(1-\frac{1}{4.55})}{0.005}\\\\=100 \times \frac{(\frac{4.55 -1}{4.55})}{0.005}\\\\=100 \times \frac{(\frac{3.55}{4.55})}{0.005}\\\\=100 \times 0.0039010989\\\\=0.39010989

3 0
3 years ago
Last year Harrington Inc. had sales of $325,000 and a net income of $19,000, and its year-end assets were $250,000. The firm’s t
posledela

Answer:

Based on the DuPont equation and given information, ROE of Harrington Inc is 13.818%.

Explanation:

We have to find the total equity and total debt of Harrington Inc in order to apply the DuPont equation for finding ROE because net income, sales of Harrington Inc. are already given.

- To find Harrington Inc's total debt, apply the Debt-to-capital formula: The Harrington Inc's total debt/The Harrington Inc's total capital = 45% =>  Harrington Inc's total debt = The Harrington Inc's total capital * 45% = $250,000 x 45% = $112,500;

- To find Harrington Inc's total equity, apply the accounting equation Asset = Liabilities + Owner's Equity: The Harrington Inc's total equity = The Harrington Inc's total asset - The Harrington Inc's total debt = $250,000 - $112,500 = $137,500;

- Using the Dupont equation, calculate the ROE as followed:

(NI/Sales)* (Sales/ Total assets) * (Total assets/ Total common equity) = (19,000/325,000) * ( 325,000/ 250,000) * (250,000/137,500) = 13.818%.

- Thus, the ROE = 13.818%.

5 0
3 years ago
United Airlines flies a plane from Los Angeles to New York at 8 o'clock on Tuesday morning only 25% full. On Friday, the same fl
Alona [7]

Answer:

Perishability.

Explanation:

Perishability is utilized in marketing to portray the manner by which service limit can't be put away available to be purchased later on. It is a key concept of services marketing.

3 0
2 years ago
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