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3 years ago

If the price of Spanish olives imported into the United States decreases, then:

Business

1 answer:

Maurinko [17]3 years ago

6 0

Answer:

d. the consumer price index will decrease, but the GDP deflator will not decrease.

Explanation:

If the price of Spanish olives imported into the United States decreases, then the consumer price index will decrease, but the Gross Domestic Products (GDP) deflator will not decrease.

The GDP price deflator also known as the implicit price deflator, measures the changes in the level of prices for all of the final goods and services produced domestically in an economy in a year.

The GDP deflator can be calculated by using the formula;

GDP deflator = (Nominal GDP/Real GDP) × 100.

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Tim receives a call from a friend when he is on a conference video call with his boss. What should be his next step?

daser333 [38]

Answer:

He shoukd apologises to his boss and send the other person to voicemail and creat a plan to call back later

Explanation:

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4 years ago

Baseball's increasing global popularity may be attributed to

mars1129 [50]

The Baseballâ€™s growing popularity could be attributed to relocation diffusion, which means people relocate and establish other countryâ€™s custom in another. in recent decades many cultures that have been known to be found in the developed world such as hip hop has come to stay in other countries as people travel around the world and take other peopleâ€™s culture to another place.

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3 years ago

Classify each type of income as earned or unearned: gifts

mars1129 [50]

Gifts would be classified as an unearned source of income

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3 years ago

The balance shown in the August bank statement of Colt Company was $22,400. After examining the August bank statement and items

a_sh-v [17]

Answer:

A.$20,200

Explanation:

The computation of the cash amount which should be reported in the balance sheet is shown below:

= August Bank statement balance + Deposits outstanding - Checks outstanding

= $22,400 + $2,300 - $4,500

= $20,200

The other amount which is given in the question is irrelevant. Hence, these items should not be considered in the computation, so they are ignored.

3 0

4 years ago

Read 2 more answers

In the linear consumption function

nordsb [41]

Answer:

i) the intercept is - 124.84 and it is negative because when the income of individuals is zero their consumption = - 124.84 (i.e. consumer borrows 124.84 ).

ii) $25465.16

iii) attached below

Explanation:

Given that the equation is

^cons = -124.84 + .853 * inc

i) Interpret the intercept in this equation and comment on its sign and magnitude

intercept : the intercept is - 124.84 and it is negative because when the income of individuals is zero their consumption = - 124.84 (i.e. consumer borrows 124.84 ).

The slope = .853 is positive because consumption is will increase by 0.853 whether the income rises or decreases by the value of 1

ii) Determine the predicted consumption when family income = $30000

^cons = -124.84 + 0.853 * ( 30000 )

= 25465.16

hence when family income = $30000 the predicted consumption = 25465.16

iii) Draw a graph of the estimated MPC and APC ( inc on the x-axis )

MPC = 0.853 ( constant )

APC = Cons / inc

attached below is the required graph

7 0

3 years ago