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3 years ago

Which element in the article indicates that when the article refers to GDP, it is talking about inflation-adjusted GDP

Business

1 answer:

Serjik [45]3 years ago

3 0

Answer: inflation corrected or constant prices

Explanation:

Real gross domestic product is an inflation adjusted measure that reflects the value of all goods and services produced by a state economy in a year. It is often to as either constant dollar GDP, inflation corrected or constant prices

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extreme weather in new york, where the super bowl is scheduled to be played, makes people disinterested in purchasing super bowl

alexira [117]

The following scenarios would place a downward pressure on price:

.The Nile River floods this year add an exceptional amount of silt to the soil, resulting in increased crops of cotton.
An outbreak of mad cow disease causes Americans to abstain from eating beef.
Extreme weather in New York, where the Super Bowl is scheduled to be played, makes people disinterested in purchasing Super Bowl tickets.

The following scenarios would place a downward pressure on price:

An impending unclear holocaust causes people to stock up on twonkies, a popular snack cake provided by many companies

<h3>What would lead to either a upward or downward pressure on price?</h3>

There is an upward pressure on price if demand increases or supply reduces. There is a downward pressure on price if demand decreases or supply increases.

As a result of the slit, there would be an increase in the supply of cotton. This would lead to an downward pressure on price. The mad cow disease would lead people to demand less beef. This would lead to an downward pressure on price. The extreme weather would lead to people not coming for the game. This would lead to an downward pressure on price.

Due to the expectation of the holocaust, there would be an increased demand for twonkies. This would lead to an upward pressure on price.

Here is the complete question:

Decide whether each scenario would lead to upward or downward pressure on the equilibrium price for each good in bold font.

1.The Nile River floods this year add an exceptional amount of silt to the soil, resulting in increased crops of cotton.

2.An outbreak of mad cow disease causes Americans to abstain from eating beef.

3. Extreme weather in New York, where the Super Bowl is scheduled to be played, makes people disinterested in purchasing Super Bowl tickets.

4. An impending unclear holocaust causes people to stock up on twonkies, a popular snack cake provided by many companies

For more information about the change in demand, please check: brainly.com/question/25871620

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3 0

2 years ago

Although a consumer may be happy with your company’s product/service, they will not hesitate to switch if another company provid

vesna_86 [32]

Answer:

delight

Explanation:

Consumer satisfaction refers to the level of happiness that a customer derives from the consumption or use of any product or service. The information related to the customer satisfaction is derived from the surveys and ratings. These information helps in the betterment and improvement of the product and services.

Delighting the customer is a very important part of marketing. This helps in maintaining the customer relation.

4 0

3 years ago

When using ___________, finalists are ordered from the most desirable to the least desirable based on results of discretionary a

Gennadij [26K]

When using <u>Ranking</u>, finalists are ordered from the most desirable to the least desirable based on results of discretionary assessments.

Operations control is chiefly worried about planning, organizing, and supervising inside the contexts of manufacturing, manufacturing, or the availability of services. As such, it's far delivery-focused, ensuring that a company correctly turns inputs to outputs in a green manner.

It actually approaches the cease-to-stop technique of shifting and storing elements of completed and unfinished goods. as an example, a vehicle production business enterprise will save and transfer automobiles (or their components) in a scientific manner.

The number one goal of operations control is to utilize the sources of the enterprise, to create such services or products that fulfill the needs of the clients, with the aid of offering “proper component at the right rate, vicinity and time”.

Learn more about Operations management here

brainly.com/question/26322690

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8 0

2 years ago

Crossett Trucking Company claims that the mean weight of its delivery trucks when they are fully loaded is 6,000 pounds and the

tresset_1 [31]

Answer:

95% of 55 trucks will have weights between 5915.5 lbs and 6084.5 lbs

Explanation:

Complete question:

Crossett Trucking Company claims that the mean weight of its delivery trucks when they are fully loaded is 6,000 pounds and the standard deviation is 310 pounds. Assume that the population follows the normal distribution. Fifty-five trucks are randomly selected and weighed. Within what limits will 95% of the sample mean occur

Subtract 1 from sample size to find degree of freedom(df). Here sample size is 55,so

df= 55-1= 54

To determine α, subtract confidence interval from 1 and then divide by 2. Here confidence interval is 95% or 0.95, so

α= (1-0.95)/2= 0.025

Use t-distribution table(see attachment) to find t-value for α=0.025 and df=54. So t=2.021(since df=54 is not listed in the table, I have used the table row corresponding to the next lowest value of df that is 40)

divide sample deviation, 310, by root of sample size that is 55. So,

$\frac{310}{\sqrt{55} }$ = 41.8

Now multiply the answers from last two steps 41.8 × 2.021= 84.5

lower limit= 6000-84.5=5915.5
upper limit= 6000+84.5=6084.5

95% of 55 trucks have weights between 5915.5 lbs and 6084.5 lbs

8 0

3 years ago

On January 1, 2020, Swifty Corporation exchanged equipment for a $640000 zero-interest-bearing note due on January 1, 2023. The

kozerog [31]

Answer:

$61,071.36

Explanation:

According to the scenario, computation of the given data are as follows,

Value of note = $640,000

So, Carrying value of note on Jan 1, 2020 = $640,000 × 0.71

= $454,400

Prevailing interest rate = 12%

So, Interest for 2020 = $454,400 × 12% = $54,528

Now, Interest revenue for 2021 = ($454,400 + $54,528) × 12%

= $508,928 × 12%

= $61,071.36

Hence, the amount of interest revenue that should be included in Swifty's 2021 income statement is $61,071.36

8 0

3 years ago