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
ruslelena [56]
3 years ago
12

Nominal gdp measures base-year production using base-year prices. True or False

Business
1 answer:
GrogVix [38]3 years ago
6 0

Answer: False

Explanation: Real GDP measures base year production using base year prices.

Nominal GDP measures base year production using current year prices.

A base year price in relation to the calculation of Real GDP is the value of a good or service produced in the current year using a previous year price.

A base year is a year chosen to minimise the effect of inflation when calculating GDP.

Current year price is the market price of the product during a given year.

You might be interested in
You are the president of a toy manufacturing company that has recently discovered its bendable action figures break too easily.
Alika [10]

Answer:

Proofread for punctuation errors (it's a must!!), Jot down reasons that explain the bad news (I think), Organize your ideas (I think)

Explanation:

I think: Jotting down the reasoning helps/support the information (specifically) the bad news. Organizing your ideas helps to keep everything you write on track and ideas you want to mention always start from check-point A to check-point B and so forth.... (It's my thoughts of an answer)

8 0
4 years ago
A _______ is legally separate from its owner, and it pays its own taxes.
Tems11 [23]

Answer:

Corporation

Explanation:

A Corporation is a legal person with rights and duties. It is separated from its shareholders and it liable to pay tax

5 0
3 years ago
A firm has $2,000,000 in its common stock account and $20,000,000 in its paid-in capital account. The firm issued 500,000 shares
madam [21]

Answer: $4 per share

Explanation:

The par value of the common stock is given as:

= \frac{common stock account}{shares of common stock}

= \frac{2000000}{500000}

= $4 per share

Here;

Common stock denotes the shares entitling their holder to dividends that vary in amount .

5 0
3 years ago
Read 2 more answers
Benjamin Addai determined the following tax information: gross salary, $87,000; interest earned, $80; deductible IRA contributio
Lelechka [254]
<span>Benjamin Addai determined the following tax information: gross salary, $41,000; interest earned, $80; deductible IRA contribution, $1,075; personal exemption, $3,950; and itemized deductions, $6,200. Calculate Benjamin’s taxable income and tax liability filing single.</span>
6 0
3 years ago
The coach has created a practice schedule on his own, and many of the players are upset about it. The coach developed this sched
Jlenok [28]

The coach has created a practice schedule on his own, and many of the players are upset about it. The coach developed this schedule from his own research and ideas, and he believes the players should follow along and work with this new goal. The motivational theory that this scenario represents is McGregor's Theory X of Motivation.

<h3>What is McGregor's Theory X of Motivation about?</h3>

Managers who accept Theory X believe that if you believe that your team members dislike their work, have little motivation, need to be watched every minute, are incapable of being accountable for their work, avoid responsibility, and avoid work whenever possible, you are likely to use an authoritarian management style.

According to McGregor, this technique is highly "hands-on" and frequently entails micromanaging people's work to ensure that it is completed correctly.

Theory X emphasizes the value of increased monitoring, external rewards, and punishments, whereas Theory Y emphasizes the motivating role of job satisfaction and encourages employees to tackle jobs without direct supervision.

Learn more about McGregor's Theory X of Motivation:
brainly.com/question/28079523

#SPJ1

8 0
1 year ago
Other questions:
  • ​ There has been a data breach at your business and the business has lost some customer data. It has led to angry customers who
    7·1 answer
  • Prepare the current assets section of the balance sheet for Sheridan Company. Assume that in addition to the receivables it has
    8·1 answer
  • Lily wants to maximize her benefit of consuming apples and bananas, given her fixed budget of $10 for these two fruits. The pric
    5·1 answer
  • The Grelle Company’s total variable costs increased by 30% in June. You have been asked what could have caused this increase. Wh
    15·1 answer
  • Which statement explains why prices rise in a market?
    13·2 answers
  • Apparels is lndias second largest manufacturer of branded lifestyle apparel the company now plans to diversify into personal car
    7·1 answer
  • Speedy Delivery Systems can buy a piece of equipment that is anticipated to provide an 11 percent return and can be financed at
    14·1 answer
  • Which of these is a nonstore retailer?
    6·1 answer
  • Which of the following is true of debit cards?
    10·1 answer
  • Which of the following health issues relates to both carbohydrate metabolism and the consumption of dairy products
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!