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2 years ago

If real GDP in a year was $3,900 billion and the price index was 130, then nominal GDP in that year was approximately

Business

1 answer:

Eddi Din [679]2 years ago

6 0

Answer:

$5,070 billion

Explanation:

Given the following:

The real GDP in a year => $3,900 billion

The price index => 130,

The nominal GDP is measured as

=> 100 -130 = 30%

=> 30% × 3,900 = 1,170

=> 1,179 + 3,900 = 5,070

Therefore, in this case, the correct answer is $5,070 billion as the nominal GDP for the year.

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Companies such as p&g, walmart, and levi strauss have recognized the growing ________ in the u.s. population by targeting

Misha Larkins [42]

Hi, thank you for posting your question here at Brainly.

Since this pertains to ethnicities, race and lifestyles, these companies must have targeted the diversity in the U.S population. The diversity is a result of modern technology and modern views of the social norms. Because of this, lifestyles and personalities vary from one person to each other. To a businessman, he must cater to everyone's taste if he wants more profit.

6 0

3 years ago

Money that has been or will be paid regardless of the decision whether to proceed with the project is:

bezimeni [28]

Answer:

Sunk costs.

Explanation:

Sunk costs refers to historical funds spent or incurred that cannot be recovered. Such costs are considered irrelevant during decision making which impacts on the business's future as they present no influence on present or future prospects.

Example

ABC investors decide to acquire land and develop residential houses at a location X. This decision is informed on the fact that the government had recently enacted a policy that led to an increase in demand for residential properties in that location. 6 months into construction of the residential houses, the government reviews and rescinds the policy. This leads to a sharp decline in property values in location X. ABC investors had already incurred 10 million dollars in the project. The 10 million dollars is considered sunk cost.

Sunk costs are the opposite of relevant costs because they can't be changed or recovered, as they've been spent or contracted in the past already. Hence, relevant cost are relevant for decision-making purposes but not sunk costs.

Hence, money that has been or will be paid regardless of the decision whether to proceed with the project is sunk costs.

4 0

2 years ago

Why do we have to pay

const2013 [10]

Answer:

you have to pay because it's a trade instead of for an example trading a coat for a meal you would give pay money to get the object.

Explanation:

Hope this helps:)

6 0

2 years ago

Survey

qaws [65]

1. When John received his W2, he received several copies. Why was he sent multiple copies of this form?

The different copies are for John and each tax return he may file

2. Who sent John this W-2?

John's employer - ProperLiving Widget Engineering & Design

3. How much did John make in wages in the 2014 tax year? (assuming this was John's only job)

I do not know

4. How much did John 'take home' in net pay? (assuming this was John's only job)

I do not know

5. How much did John save in his 401(k) in the 2014 tax year?
I do not know

6. Assume your employer provides health care insurance and deducts your portion of the premiums from your paycheck with pre-tax dollars. Are your health insurance premiums federally tax deductible?
Yes

8. Select what would happen to your 1) taxable income and 2) tax liability when you are able to claim a deduction such as student loan interest?

1) lower 2) higher

9. Which are tax deductible?

Student loan payments

4 0

3 years ago

Presented below is the adjusted trial balance of Splish Brothers, Inc. at December 31, 2017. Debit Credit Cash $ ? Supplies 1,33

igomit [66]

Answer:

Cash $ 5710

Total debit side $ 199200 Credit side $ 199200

Explanation:

We list the correct accounts at the right side. First we add up the credit side to find the total and then subtract the debit side from it to get the cash amount as the debit and credit side of the trial balance must be equal.

Splish Brothers, Inc.

Adjusted trial balance

December 31, 2017.

Debit Credit

Cash $ 5710

Supplies 1,330

Accounts Receivable 3,580

Prepaid Insurance 2,620

Equipment 80,160

Accumulated Depreciation—Equipment $20,100

Trademarks 3,760

Accounts Payable 3,220

Salaries and Wages Payable 920

Unearned Service Revenue 1,060

Bonds Payable (due 2024) 31,880

Common Stock 2,120

Additional paid-in capital 15,160

Retained Earnings 14,720

Service Revenue 30,040

Salaries and Wages Expense 14,080

Insurance Expense 2,400

Rent Expense 3,260

Interest Expense 2,320

Total $ 199200 $ 199200

7 0

3 years ago