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
RUDIKE [14]
3 years ago
14

Why is real GDP a more accurate measure of an economy's production than nominal GDP?

Business
1 answer:
Verizon [17]3 years ago
6 0

Answer:

The correct answer is option B.

Explanation:

Nominal GDP measures economic growth at current prices. It measures the value of output produced on the basis of current prices. It is thus not an inflation measure of economic growth as it includes the change in the price level.  

Real GDP is an inflation-adjusted method to measure economic growth. It measures a change in economic output on the basis of constant. It is thus considered a more accurate measure of the economic growth of a nation as it is not influenced by changes in the price level.

You might be interested in
Question Workspace Exhibit 3-5 Supply for Tucker's Cola Data Quantity supplied per week (millions of gallons) Price per gallon 6
Lena [83]

Answer:

20 million gallons

Explanation

The market quantity supplied can be found by adding the quanirty supplied of the 5 suppliers.

When price is $1.5, tucker supplies 3 million gallons

3 + 10+2 + 5 + 0 = 20

I hope my answer helps you

5 0
3 years ago
Read the following sentence, and determine which technique is most applicable to improve its readability.
Sunny_sXe [5.5K]

Answer:

The correct option is A. Using numbered or bulleted lists.

Explanation:

EXPLANATION

A. Using numbered or bulleted lists

<em>Use numbered lists when you're explaining instructions that need to be performed in sequence. In situations where numbers are not essential use bullets, especially in business related documents</em>

<em>Bulleted lists are used to make items stand out from the text without implying order of importance. They may include punctuation marks like commas and semicolons</em>

This is the correct answer, use of numbered list. We were told in the question to follow a particular order to fill out an expense report. You begin by writing your name and end by obtaining the supervisor’s signature

B. Using graphic techniques

<em>Graphics are visual elements that can be used to point readers and viewers to a particular information. Graphic techniques are visually engaging in order to attract and inform a large audience. Diagrams and graphs can help learners comprehend abstract concepts using visual language to depict meaning. For instance, in diagrams the connecting lines between elements help learners understand relationships. Bar graphs make it easy to compare data; line graphs help learners understand trends</em>

This option is wrong. The expense report is not a new concept

C. Developing parallelism for balance

Parallelism in literature is the repetition of a word or phrase within a sentence or group of sentences. It is used to help organize ideas, but also to make the ideas memorable.  

This option is also wrong

6 0
3 years ago
5. A garden plant that has been passed down within a food family and is generally not commercially grown is called a/an _______
madreJ [45]

Answer:

The correct option is D, Heirloom.

Explanation:

A garden Plant that has been passed down within a food family and is generally not commercially grown is called a Heirloom Product. Such garden plants are planted by the gardeners for their own and family use. Such plants are not sold commercially. Generally they are planted to be used within the house. Family members use such plants to make foods.

4 0
3 years ago
A customer purchases 8M of City of Los Angeles 4% G.O.'s, maturing in 2038 at 95. The interest payment dates are Jan 1st and Jul
Temka [501]

Answer:

The amount customers are expected to pay $7600 per bond

Explanation:

8M implies that the municipal bond has  $8000 as its par value.

The amount a customer would is 95% of the par value

Hence, customers are expected to pay $7600 (95%*$8000)

For instance a 5M at 105 means that the par value of the bond is $5000 but issued at 105%, which translates into $5250 without considering commissions as well as the accrued interest on the bond which might also be factored into the price.

6 0
3 years ago
Read 2 more answers
If import restrictions remain in effect after an infant industry becomes competitive in the domestic​ market, consumers in this
sertanlavr [38]

Answer: higher than

Explanation: The stockholders of companies in the infant industry gain when they are protected from world competition

-Consumes in that country will therefore pay a price higher than the world price.

8 0
3 years ago
Other questions:
  • Pronghorn Mining Company purchased land on February 1, 2020, at a cost of $856,800. It estimated that a total of 53,100 tons of
    14·1 answer
  • Which is not a trade-off for students who spend a semester abroad? seeing friends from home daily eating all of their favorite f
    5·2 answers
  • What is a<br> purpose of drawing up budgets in a business
    12·1 answer
  • Indicate whether each of the following cost of an automobile manufacturer would be classified as direct materials, direct labor,
    10·1 answer
  • A company has two products: A1 and B2 . It uses activity based costing and has prepared the following analysis showing budgeted
    9·1 answer
  • Notice that real GDP trends upward over time but experiences ups and downs in the short run. A period of declining real GDP, suc
    12·1 answer
  • If the efficient market hypothesis is true, price changes are independent and biased. Group of answer choices
    12·1 answer
  • An investment has the following characteristics: ATIRRP: After-tax IRR on total investment in the property: 9.0% BTIRRE: Before-
    6·1 answer
  • The law of demand says that as the price of a good decreases, the quantity demanded of the good __________.
    13·1 answer
  • What is structurally different between starch and cellulose that gives them different physical properties?.
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!