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navik [9.2K]
3 years ago
5

A country has nominal GDP equal to $204.31 billion in 2018. The GDP deflator in 2018 has a value of 112.64. What was the value o

f real GDP, in billions of dollars. Round to two decimal places. If your answer is 3.2 billion then just enter 3.2.
Business
1 answer:
Ann [662]3 years ago
4 0

Answer:

$181.38 billion

Explanation:

The computation of the value of the real GDP is shown below:

As we know that

Real GDP = (Nominal GDP ÷ GDP Deflator) × 100

 = ($204.31 billion ÷ 112.64) × 100

= $181.38 billion

Hence, the value of real GDP is $181.38 billion

We simply applied the above formula so that the correct value could come

And, the same is to be considered

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Sadie and Sam share income equally. For the current year, the partnership net income is $40,000. Sadie made withdrawals of $14,0
4vir4ik [10]

Answer:

Explanation:

Beginning capital balance(Sam)  $58000

+ Currnt year income ( $40000 / 2 = $20000) $20000

[Devide by 2 because they share income]

- Sam's withdrawal  ($15000)

Sam's capital balance = 58000+20000-15000 = $63000

8 0
3 years ago
As prosperity and economic development rise, ________ increases as well.
crimeas [40]
As prosperity and economic development rise, individualism increases as well.

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3 years ago
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frutty [35]

Answer:

Production for the third quarter   159,500

Explanation:

Sales for the period           161,000

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5 0
3 years ago
A company having difficulty with timely delivery of parts to its manufacturing plants should implement a supply chain ________ s
Ksju [112]

Answer:

The answer is D, Execution System.

Explanation:

Supply chain Execution system is a system that ensures the delivery of materials or orders to the concerned departments. So in this example, when a company is having difficulty with timely delivery of parts to its manufacturing plants, the company should implement the Supply Chain Execution System in order to ensure the timely delivery of the material to the manufacturing plant of the company.

8 0
2 years ago
4. How much higher or lower will net operating income be if the underapplied or overapplied overhead is allocated to Work in Pro
NISA [10]

Answer:

Net operating income will be $ 19630 ( greater ¢ ) if the ( underapplied ¢ J overhead is allocated among work in process, finished goods, and cost of goods sold rather than closed directly to cost of goods sold.

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(Round your intermediate calculations and percentage values to 2 decimal places and final answers to the nearest dollar amount. Input the amount as positive value. Omit the "$" sign in your response.)

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