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3 years ago

Real data vs nominal data what is the difference

Business

1 answer:

Vladimir [108]3 years ago

8 0

Answer:

In economics, nominal data are values expressed in monetary terms for a given year whiles real data are values that have been adjusted for price level changes.

Explanation:

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Why are we forced to make choices in day-to-day life? we are forced to make choices in day-to-day life because of resources.

rewona [7]

We are forced to make choices in our day to day life because our resources are limited.

An example of this limited resources is our financial resources, we need to work to earn money to buy our necessities to live a comfortable life. Simply put, no work no pay. No pay, no food. No food, no life. So, no choice but work.

6 0

2 years ago

Read 2 more answers

What are the major differences between a distributionchannel for a business making tangible products anda firm producing hospita

max2010maxim [7]

Answer:

Following are the responses to the given question:

Explanation:

The distribution channel contains several interdependent organizations responsible for the production of a material to be used or use. Different types of goods were available - either qualitative and quantitative. Although two may lead to satisfied customers, the advertising and marketing of goods differ greatly.

There are tangible items that we can see, sound, and feel. For example, in my hand, I could hold a DVD. Immaterial materials are not visible. You can hold insurance papers in the hands, for example, but it doesn't purchase. People can buy family life insurance, and they can see, touch and smell.

The tangible product distribution includes stock or retailer. It includes primarily producers, distributors, suppliers, retailers, or customers.

Generosity or travel products are distributed through companies, marketing officials, distributors, and consumers.

4 0

2 years ago

You are 20 years old and have completed your BBA and want to pursue further education but you don’t want to take money from your

Dmitrij [34]

Answer:

1. Will you be able to meet your goal at this current saving rate?

yes, you will even have some spare money

annual cost of MBA = 400,000 x 2 years = 800,000

monthly salary = 25,000 and you will deposit 12,500

ordinary annuity, 0.8333%, 59 periods (5 years - 1 month) = 75.80535

the future value of your account = 12,500 x 75.80535 = 947,566.88 which is more than the cost of the MBA

2. What percentage of your salary should you save if you want to have exactly your university expenses amount?

42.2138%

800,000 / 75.80535 = 10,553.34

10,553.34 / 25,000 = 0.422138 = 42.2138%

3. How would your answer to part 1 change if the saving account rate changed to 5%?

actually you still have more money than what you need even if the interest rate falls to 5%, so you can still take your MBA

monthly salary = 25,000 and you will deposit 12,500

ordinary annuity, 0.41666%, 59 periods (5 years - 1 month) = 66.72805

the future value of your account = 12,500 x 66.72805 = 834,100.63 which is more than the cost of the MBA

4. If you are given an option to invest at the 10% saving rate with monthly compounding or 10.5% semiannual compounding, which would you chose?

I would choose the 10.5% semiannual compounding because the effective interest rate is higher.

the effective interest rate of investing at 10% compounded monthly = (1 + 10%/12)¹² - 1 = 10.47%

the effective interest rate of investing at 10.5% compounded semiannually = (1 + 10.5%/2)² - 1 = 10.77%

8 0

3 years ago

Anna Preston is a senior manager in a high-technology company in the United States. She has an in-depth knowledge of her company

Dmitrij [34]

Answer: SHE IS A GLOBAL BUSINESS SAVVY

Explanation: Anna preston has adequate and knowledge driven understanding of local and international business environment which has can help to enhance the organisational growth and excellent performance.

6 0

2 years ago

Esmeralda promises to pay fiorello $400 because ""he does not have as much money as other people. "" esmeralda’s promise is not

snow_tiger [21]

7. Option b. Consideration is mutual i.e. both parties get something in the return for the performance of the contract. However, Esmeralda has not given consideration in exchange.

Esmeralda was given the chance to audition for the Performing Arts High School which she succeeded in. She then moved to New York and attended School, studying drama and dance.

Esmeralda Santiago wrote her autobiography "When I Was Puerto Rican" which narrates her and her family's life moving from Puerto Rico to America. The book also follows the Puerto Rican girl through the many obstacles that she had to endure and overcome to change her life.

Learn more Esmeralda at

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1 year ago