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
marshall27 [118]
2 years ago
10

Describe the difference between real gdp and nominal gdp.​

Business
1 answer:
Hatshy [7]2 years ago
3 0

Answer: Real GDP takes into consideration adjustments for changes in inflation. ... The main difference between nominal GDP and real GDP is the adjustment for inflation

Explanation:

You might be interested in
Orange manufactures orange juice. last month's total manufacturing costs for the operation included:_______
Black_prince [1.1K]

Orange manufactures orange juice. final month's overall production costs for the operation covered: Direct exertions, production overhead, and conversion fees.

Manufacturers are described because of the creation of recent merchandise, either from raw materials or components. Examples of products include car companies, bakeries, shoemakers, and tailors, as all of them create products, as opposed to presenting offerings.

Manufacturers are the making of products by means of hand or via gadgets that upon finishing touch the business sells to a customer. items utilized in manufacture may be raw substances or component components of a larger product. the production generally takes place on a massive-scale production line of equipment and professional exertions.

A manufacturer is any enterprise that produces completed items from uncooked substances. They sell these items to clients, wholesalers, distributors, shops, and different manufacturers trying to create more complicated gadgets. manufacturers typically persist with one form of the product.

Learn more about manufacturers here: brainly.com/question/26320301

#SPJ4

7 0
1 year ago
What is home equity?
shepuryov [24]
Difference between the purchase price of the home and its current market price
3 0
3 years ago
Read 2 more answers
The most important difference between for-profit businesses and nonprofit organizations is that:
kolezko [41]

The most important difference of the two or between businesses in the profit and nonprofit organizations is that in terms of nonprofit organizations, the organization owners does not make money, while the profit organizations—it makes money for the organizations’ owners.

7 0
3 years ago
A building manager hires a painting company to paint the common areas in the building. the manager will supply all of the paint.
OlgaM077 [116]
Your answer would be ,,, 
 a. true
5 0
3 years ago
Choose the correct choice; At the current price level, producers supply $375 billion of final goods and services while consumers
Solnce55 [7]

Answer:

The price level is A) Above equilibrium.

Explanation:

Normally, every economist believe that a lower price attracts a higher demand. This is so when the behaviour of consumers are measured when choosing a product.  Many consumers go for a low priced product or cheaper product over a high priced product or expensive product irrespective of quality, taste or satisfaction derived from consuming them.

Price relating to market or in terms of quantity demanded and quantity supplied is referred to as equilibrium price or equilibrium quantity. When the market price is below equilibrium, quantity supplied of a product will be less than the quantity demanded for it because the price of goods are cheaper. But when price is above equilibrium, quantity supplied will be greater than quantity demanded because the price of goods is high.

7 0
2 years ago
Other questions:
  • The following standards for variable manufacturing overhead have been established for a company that makes only one product: Sta
    6·1 answer
  • ompute the plantwide predetermined overhead rate. 2. During the year, Job 400 was started and completed. The following informati
    5·1 answer
  • Andy assumed the character of jude in order to confront the
    6·1 answer
  • The importance of knowing how to act or behave in a given situation is a very new concept. True or false
    15·1 answer
  • As a financial analyst, you are tasked with evaluating a capital budgeting project. You were instructed to use the IRR method an
    13·1 answer
  • The purpose of advertising is _____. to convince consumers that they can benefit from a product or service to entertain consumer
    7·1 answer
  • Identify financial statement by type of information) Butler Tech, Inc., is expanding into India. The company must decide where t
    5·1 answer
  • What is price discrimination?
    11·1 answer
  • To make effective decisions in​ today's fast-moving​ world, managers need to​ ________.
    13·1 answer
  • experiences are associated with Select one: a. sport insurance b. sport risk management c. financial management d. marketing man
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!