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2 years ago

Your plan to enter a career is an example of a (an)

Business

2 answers:

Vesnalui [34]2 years ago

8 0

Plan or devotion in life, it is an influence to what you want to do :)

UNO [17]2 years ago

4 0

Answer:

long-term goal

Explanation:

First cuz i got it right on my exam and because planning for a career takes time and you have to got to school which is usally between 3-5 years and that takes time while a short-term goal is acomplished between 1 month-1 year so planning to enter a career this takes time so it is a long-term goal

Hope this helps :)

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You are trying to explain to your friends the importance of using real GDP to measure economic health over time, but some of the

Yuri [45]

Answer: $15,909.09

Explanation:

Nominal GDP is the value of goods and services that is calculated on the basis of current year prices whereas Real GDP is the value of goods and services that is determined on the basis of Base year prices. If we are using the identical price for both the years for calculating GDP then we can see the increment in the current year GDP from the last year. This means that the quantity of goods produced in the current year is larger than the last year. That's why it is important to use Real GDP rather than Nominal GDP.

Given that,

Nominal GDP (millions of dollars) = $14000

Price level (GDP deflator) = 88

$\text{GDP dflator}=\frac{Nominal\ GDP}{Real\ GDP}\times100$

$\text{88}=\frac{14,000}{Real\ GDP}\times100$

Real GDP = 159.09 × 100

= $15,909.09

Hence, Real GDP = $15,909.09.

Therefore, Real GDP is greater than Nominal GDP hence we can say that the amount of good produced is worth more than $14,000.

3 0

3 years ago

Sam works as a tax preparer for a local accounting office. What kind of education

Julli [10]

Bachelor degree in accounting. it makes the most sense

6 0

3 years ago

Read 2 more answers

Jennifer owns a pig farm near Salina, Kansas. Last year she earned $39,000 in total revenue while incurring $38,000 in explic

leonid [27]

Answer:

Jennifer earned an accounting profit of $1,000 and economic loss of $26,000

Explanation:

Total revenue for Jennifer is $39,000.

Explicit costs incurred is $38,000.

The implicit cost or opportunity cost involved is $27,000.

Accounting profit takes into account explicit costs only. It does not include implicit costs involved in the production process.

Jennifer has earned an accounting profit of

= Total revenue - Explicit costs

= $39,000 - $38,000

= $1,000

Economic profit takes into account the explicit cost as well as implicit cost.

The economic profit earned

= Total revenue - Total costs

= $39,000 - ($38,000 + $27,000)

= - $26,000

7 0

2 years ago

Which is an independent variable in a study where tractor supply, a retailer of garden and farming equipment, increases the pric

Gelneren [198K]

The independent variable is the one being manipulated (or changed) in order to study the effects. In this case the independent variable is the $5 price change.

6 0

3 years ago

The following lots of a particular commodity were available for sale during the year:Beginning inventory 10 units at $60First pu

zlopas [31]

Answer:

$3,585

Explanation:

The computation under the FIFO method is shown below:

The total purchase units equal to

= 10 units + 25 units + 30 units + 15 units

= 80 units

Out of 80 units, the 25 units are sold, so the remaining 55 units are come under the ending inventory. The classification is shown below:

10 units at $60 = $600

25 units at $65 = $1,625

20 units at $68 = $1,360

So, the total would be

= $600 + $1,625 + $1,360

= $3,585

3 0

2 years ago