Economists call GDP that uses constant, unchanging prices as
<u>Real GDP</u>
Explanation:
- Real gross domestic product (real GDP for short) is a macroeconomic measure of the value of economic output adjusted for price changes . This adjustment transforms the money-value measure, nominal GDP, into an index for quantity of total output.
- It is calculated using the prices of a selected base year. To calculate Real GDP, you must determine how much GDP has been changed by inflation since the base year, and divide out the inflation each year.
- Real GDP accounts for the fact that if prices change but output doesn't, nominal GDP would change.
- The real economic growth, or real GDP growth rate, measures economic growth as it relates to the gross domestic product (GDP) from one period to another, adjusted for inflation, and expressed in real terms as opposed to nominal terms
Answer:
The correct answer is option c.
Explanation:
The natural rate of unemployment is the unemployment rate that exists in a heathy economy. When the unemployment rate is equal to natural rate, the economy is considered to be at full employment.
It includes only structural and frictional unemployment, cyclical unemployment is not included.
Answer:
Current yield = 0.05238 or 5.238% rounded off to 5.24%
option B is the correct answer
Explanation:
The current yield is the return on investment in form of interest or dividend expressed as a percentage of the current market value of the instrument. Thus the formula for current yield on a bond will be,
Current yield = Interest per year / Current market price
Assuming that the value of bond is 100. The interest or coupon payment on bond will be = 100 * 5.5% = $5.5 per annum
Current yield = 5.5 / 105 = 0.05238 or 5.238% rounded off to 5.24%
The United States president Donald trump
Answer:
a. Ming - Power Distance
b. Ben - Individualism and Collectivism
c. Elena - Uncertainty Avoidance
d. Jiro - Masculinity / Femininity
e. Bill - Time Orientation
Explanation:
Ming has shown characteristics of power distance as she considers herself to be superior of others. There is unequal distribution of power and Ming accepts it. Ben is more towards freedom and he does not want any one to interfere in his matters. Elena is a risk averse person who does not takes risk and follows the same routine everyday in order to avoid any uncertainty.
