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Mrrafil [7]
3 years ago
12

Between 2015 and 2016, the country of North Grogolia experienced a growth rate of -1.4%. If nominal GDP had increased by 3.1% an

d the population growth was recorded at 0.7%, then calculate the annual inflation rate in North Grogolia. Give your answer to one decimal.
Business
1 answer:
Aloiza [94]3 years ago
3 0

Answer: 3.8%

Explanation:

To calculate this you can use the Economic Growth Formula because price change is one of the components of the equation and as you may know, inflation is the change in Prices from one period to the next.

The Equation is,

Economic Growth = % Δ Nominal GDP – % Δ Prices – % Δ Population.

Making % Δ Prices the subject gives,

% Δ Prices = - Economic growth + % Δ Nominal GDP - % Δ Population

= - (- 1.4%) + 3.1% - 0.7%

= 1.4% + 3.1% - 0.7%

= 3.8%

The inflation rate is therefore 3.8%

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The AD Curve ________. A) indicates the level of aggregate output corresponding to different goods-market-clearinglevels of the
Mkey [24]

Answer:

D) all of the above

Explanation:

The AD curve shows the aggregate output level that should be for different kinds of goods have the inflation rate

It is downward sloping due to more inflation that raised the inflation rate due to this less spending should be there

Also it described how the inflation impacts the output for the short period of time

Therefore the option d is correct

8 0
2 years ago
ABC Corporation has the following information: Total market value of a company’s stock: $650 million Total market value of the c
Jobisdone [24]

Answer:

WACC of ABC Corporation is 91%

Explanation:

WACC = Kd * (1+T) * Debt/Debt+Equity + Ke * Debt/Equity

Kd = Cost of debt

T = Corporate tax rate

WACC = 0.08*(1-0.35)*(150m/150m+650m) + 0.10*(650m/150m+650m)

WACC = 0.08 *0.65*0.1875 + 0.10*0.8125

WACC = 0.00975 + 0.08125

WACC = 0.091

WACC = 91%

Therefore, the WACC of ABC Corporation is 91%

7 0
3 years ago
Chen Corporation, a new company, adds material at the beginning of its production process; conversion
gladu [14]

Answer:

Option C is Correct ($56,400)

Cost of the company's ending work-in-process inventory=$56,400.

Explanation:

Option C is Correct ($56,400)

Given:

Ending Work in process=2000 units

Conversion= $22

Material= $15

Completed units=15,000 units

Required:

Cost of the company's ending work-in-process inventory=?

Solution:

Material Cost= $15

Conversion Cost= $22 *60%

Conversion Cost= $13.2

Total Cost=Material Cost+Conversion Cost

Total Cost=$15+$13.2

Total Cost= $28.2

Cost of the company's ending work-in-process inventory=Ending Work in process*Total Cost

Cost of the company's ending work-in-process inventory=2000*28,2

Cost of the company's ending work-in-process inventory=$56,400.

5 0
3 years ago
An upscale organic foods grocery store chain is implementing an information system that will enable it to add same-day home deli
defon

Answer:

paradigm shift

Explanation:

Based on the information provided within the question it can be said that this is an example of a paradigm shift. This term refers to a fundamental change within an a company's or entity's set of discipline or norms of it's basic concepts. Which in this scenario adding same day home delivery drastically changes the basic concept of an in person organic food grocery store as people are able to order online and never have to set foot into the store. Which may even lead the store to close their brick and mortar store and function strictly online.

6 0
3 years ago
Bill and rosie have been happily married for 40 years. they have never spent more than two nights apart. bill has been battling
Andre45 [30]
The type of care that Bill is receiving is hospice care. It is a care of which they focus on patients or individual who are ill, either chronically or terminally. They tend to provide the care that the patients need in regards to their needs of both spiritually and even emotionally. It could be seen above as Bill is being cared for as he is ill and is being provided by the care he needs.
3 0
3 years ago
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