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2 years ago

Real and nominal income is calculated respectively at----

Business

1 answer:

SpyIntel [72]2 years ago

5 0

Answer: Constant price and Current price

Explanation:

Real income and nominal income is calculated respectively at the constant price and the current price.

The constant prices has to do with the real values that has taken inflation into consideration. They are typically in real value.

The current prices are the prices of goods and services at a particular point in time. Current prices are typically in nominal value.

Therefore, the answer is option D.

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National Express reports the following costs and expenses in June 2020 for its delivery service. Indirect materials $7,100 Drive

FrozenT [24]

Answer:

a. Delivery service (product) costs = $44,120

b. Period costs = $20,560

Explanation:

a) Delivery service (product) costs

Indirect materials $7,100

Depreciation on delivery equipment $11,900

Dispatcher's salary $5,810

Gas and oil for delivery trucks $2,700

Drivers' salaries $16,300

Delivery equipment repairs $310

Total $44,120

b) Period costs

Property taxes on office building $950

CEO's salary $12,100

Advertising $5,500

Office supplies $700

Office utilities $1,100

Repairs on office equipment $210

Total $20,560

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3 years ago

The law of demand relates primarily to which of the following

Phoenix [80]

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3 years ago

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If the issue price is $12 per share, what is the journal entry to record the sale of the shares? (If no entry is required for a

madreJ [45]

Answer:

Explanation:

We assume the 8 million shares are sold at $1 par common stock

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Cash A/c Dr $96,000,000 ($8,000,000 × $12)

To Common Stock $8,000,000 ($8,000,000 × $1)

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While issuing the stock, we debited the cash account and credited the common stock and additional paid-in capital account

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3 years ago

The Short Run Aggregate Supply Curve can shift either Left or Right. Which of the following would shift the SRAS curve to the le

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C.

Increase in the costs of labor will increase the costs of production, and in an attempt to lower costs, firms may reduce output and therefore the SRAS will decrease and shift to the left.

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3 years ago

In a large open economy, why is the supply curve for loanable funds upward sloping?.

azamat

Answer:

The higher the interest rate, the more willing suppliers of loanable funds will be to lend money.

Explanation:

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2 years ago

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