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
irinina [24]
2 years ago
13

Potential GDP refers to the level of ___________ Select one: a. Nominal GDP in the long run. b. Nominal GDP in the short run. c.

Real GDP in the long run. d. Real GDP in the short run.
Business
2 answers:
Aloiza [94]2 years ago
8 0

Answer:

c. Real GDP in long run

Explanation:

Potential GDP refers to the level of real GDP in long run.

Elanso [62]2 years ago
6 0

Answer: Real GDP in the long run.

Explanation:

Potential Gross Domestic Product(GDP) or Full employment GDP is a theoretical GDP level that an economy would attain full employment is reported. Potential GDP is the GDP level where there is zero unemployment in the economy. It is the point where there is Pareto efficient, i.e., when there cannot be an increase in the aggregate output in the economy without an increase in the inputs level.

Potential GDP is the maximum attainable production level in an economy and its calculation relies on the assumption of a full employment. It is the highest level of the long run GDP that can be maintained with the technology level. Generally, full employment GDP refers to real GDP. The potential GDP is measured in terms of real goods and services.

You might be interested in
A company paid $0.85 in cash dividends per share. Its earnings per share is $3.50, and its market price per share is $35.50. Its
natali 33 [55]

Answer: 2.4%

Explanation:

Cash dividend = $0.85

Earnings per share = $3.50

Market price per share = $35.50

The dividend yield will be calculated as:

= Cash dividends / Market price per share

= $0.85 / $35.50

= 0.024

= 2.4%

The dividend yield is 2.4%.

3 0
2 years ago
What is accounting ​
andre [41]

Answer:

Accounting is the process of recording financial transactions pertaining to a business. The accounting process includes summarizing, analyzing, and reporting these transactions to oversight agencies, regulators, and tax collection entities. The financial statements used in accounting are a concise summary of financial transactions over an accounting period, summarizing a company's operations, financial position, and cash flows. Accounting is the recording of financial transactions along with storing, sorting, retrieving, summarizing, and presenting the results in various reports and analyses. Accounting is also a field of study and profession dedicated to carrying out those tasks.

Explanation:

4 0
3 years ago
Marginal utility measures A. the slope of the budget line. B. the marginal rate of substitution. C. the slope of the indifferenc
ivolga24 [154]

Answer:

The additional satisfaction from consuming one more unit of a good

Explanation:

Marginal utility falls as consumption increases.

The Marginal Rate of Substitution (MRS) is the rate at which consumers exchange quantities of units of one good number for another good at the same level of utility.

I hope my answer helps you

8 0
3 years ago
Masterlink Co., in applying the lower of cost or market method, reports its inventory at net realizable value. Which of the foll
nasty-shy [4]

Answer:A. Cost is greater than net realisable value(NRV)

Explanation:

An inventory should not be higher than the price its sale or use and this requires the comparison of inventory cost to it's ( NRV) and whichever is lower will be used as cost of inventory

NRV= Sales price less cost to completion and less estimated cost necessary to make the sales.

4 0
3 years ago
Intelligent agents are also known as _____.
9966 [12]
<span>Intelligent agents are also known as Robots (or bots)

An intelligent software agent embodied mechanisms that are similar with humann
The only difference is all of their decision could be controlled by a single device that planted within their main microchips.</span>
4 0
3 years ago
Other questions:
  • Metro Company trades its used machine for a new model at Denver Solutions Inc.
    11·1 answer
  • When was the word integer introduced?
    9·1 answer
  • Samson's purchased a lot four years ago at a cost of $398,000. At that time, the firm spent $289,000 to build a small retail out
    15·1 answer
  • The exchange rate between the British pound and the U.S. dollar is 2. In England, the price level is 1.0 and the one-year intere
    8·1 answer
  • Assume Alpha reacquires share of their own Common Stock to hold in the Treasury. They pay $ 30.00 per share.
    5·1 answer
  • What role do businesses play in a free enterprise system?
    7·1 answer
  • Explain the following quote "The rich rule over the poor, and the borrower is slave to the lender."
    9·2 answers
  • Disadvantage of multiple chain store?​
    14·1 answer
  • For price discrimination via coupons to be successful, it must be TRUE that:
    13·1 answer
  • _____ are the materials and resources as they are transformed by an organization's technology component.
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!