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
vichka [17]
3 years ago
12

Suppose Hyperpolis’s GDP increases by 15% and its inflation rate is 12%, while Superpolis’s GDP increases by 6% and its inflatio

n rate is 3%. Assuming the population in both countries remained constant, which economy grew faster?
Business
1 answer:
strojnjashka [21]3 years ago
7 0

Answer: c) Both economies grew at the same rate

Explanation:

The faster growing economy would be the one that saw a greater increase in Real GDP than the other.

Real GDP growth = Nominal GDP growth - Inflation growth.

Hyperpolis Real GDP growth = 15% - 12%

Hyperpolis Real GDP growth = 3%

Superpolis Real GDP growth = 6% - 3%

Superpolis Real GDP growth = 3%

<em>Both countries grew at the same rate of 3%. </em>

You might be interested in
How is a significant amount of consignment inventory reported in the balance sheet? a)The inventory is reported separately on th
Georgia [21]

Answer: Option A

               

Explanation: Consignment refers to a business arrangement under which an an individual or an entity sends its goods to some other entity ,acting as an agent, to sell their goods. The sender is called the consignor and that agent acting on behalf is the consignee.

The profit from the sale goes to the consignor while the consignee gets other benefits like commission.

Thus, the goods actually belongs to the consignor therefore the inventory of those goods will be shown in the consignors balance sheet.

4 0
3 years ago
The Extroversion-Introversion criterion defines:
bagirrra123 [75]
B). <span> the source and direction of energy expression for a person
I think that is the answer. Not 100% sure though</span>
5 0
3 years ago
Suppose a construction company enters into a contract to build a warehouse for the hypothetical Vincent Corporation with a contr
Romashka [77]

Answer:

$300,000

Explanation:

A contract is formed between different parties when there is an offer and acceptance of terms in performance of a job.

In construction contracts where a construction company enters a contract to build a warehouse for Vincent Corporation. The amount they will lost profits depends on which party is breaching the contract and at which project stage it happens.

In this case the contract was breached by the owner before project began. Damages/lost profits are project price less project cost.

Lost profit= 700,000 - 400,000= $300,000

7 0
3 years ago
To take advantage of an arbitrage opportunity, an investor would 1) construct a zero-investment portfolio that will yield a sure
Alex_Xolod [135]

Answer:

Both statements I and III are correct.

Explanation:

<u>1.Construct a zero investment portfolio that will yield a sure profit </u>

<u> </u>

<u>3.Make simultaneous trades in two markets without any net investments</u>

7 0
3 years ago
Dave brags to his dad that his $45,000 starting salary as a computer programmer is much higher than his dad's $28,000 starting s
ivanzaharov [21]

Answer:

Option C Incorrect; adjusting for price changes, his salary is less than his dad's salary  

Explanation:

Adjustment to price changes = (Amount received n years ago divided by Price Index n years ago) * Price Index today

Adjustment To price changes = ($28,000 / 110.8) * 180.5 = $45613.7

The amount $28,000 is worth $45,613.7 in todays value which means that if we adjust for price changes, Dave is incorrect because his salary is worth less by an amount $613.7 from his father's salary.

6 0
3 years ago
Read 2 more answers
Other questions:
  • In December 2008, Hawaiian Telcom took action to strengthen its balance sheet by reducing debt. Although the company continued t
    11·1 answer
  • Dean brings up the ambiguity branch managers at First National Bank face. He believes senior leadership needs to make the manage
    9·1 answer
  • The owners of a chain of​ fast-food restaurants spend $ 25 million installing donut makers in all their restaurants. This is exp
    9·1 answer
  • Assuming a 365-day year, Bush Industries calculated an average of 47 days to collect its accounts receivable in 2019. During 201
    8·1 answer
  • Benjamin is an engineer with the Lego Group in Bellund, Denmark, manufacturers of Lego toy construction blocks. He is responsibl
    11·1 answer
  • holds huge reserves of oil. Assume that at the end of 2017​, South Shore Petroleum​'s cost of oil reserves totaled $ 252 comma 0
    14·1 answer
  • the lease on a new office requires an immediate payment of $24,000 (in year 0) plus $24,000 per year at the end of each of the n
    7·1 answer
  • "In 2020, a customer buys a 3% U.S. Government bond maturing in 2024 at 102. The customer elects to amortize the bond premium fo
    5·1 answer
  • On the balance sheet, total assets minus net fixed assets equals:________.
    11·1 answer
  • Consider the following for the costs of a pair of jeans: Direct material costs: $2 per yard and 3 yards are needed Direct labor
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!