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Zarrin [17]
3 years ago
5

If the natural rate of unemployment was 6 percent, the current unemployment rate was 8 percent, and potential GDP was $4,000 bil

lion, then according to Okun's law the economy would have sacrificed Multiple Choice $160 billion in output not produced. $360 billion in output not produced. $240 billion in output not produced. $480 billion in output not produced.
Business
1 answer:
dmitriy555 [2]3 years ago
4 0

Answer:

a. $160 billion in output not produced.

Explanation:

Okun law equation

GDP gap = Actual GDP * ((Unemployment rate -Natural rate)/100)*2

GDP gap = $4,000*((8-6)/100)*2

GDP gap = $4,000*(0.02)*2

GDP gap = $4,000*0.04

GDP gap = $160

Therefore,  according to Okun's law, the economy would have sacrificed $160 billion in output not produced.

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fiasKO [112]

The description that details the difference in both excerpts is that Hema's identity was influenced by her parents whereas the speaker of Freeway 280 is searching for her identity.

The narrator stated that her mother considered the idea of a child sleeping alone a cruel American practice, and therefore did not encourage it.

The above showed that the narrator was influenced by her mother. On the other hand, the speaker of Freeway 280 is searching for her identity.

Learn more about excerpts on:

brainly.com/question/21400963

5 0
3 years ago
The seeking sustainability box shows us that consumer relationship building can mean many different things. in this case, campbe
faltersainse [42]

<u><em>Explanation</em></u>:

The terms being socially responsible and having sustainability can be evident in Campbell's and the Food bank of South New jersey when these organisations <u>give back to the communities of their consumers while also protecting their immediate environment, </u>thus shows that they are socially responsible and are promoting sustainability.

8 0
3 years ago
An equivalent unit is calculated by: Multiple Choice dividing the number of physical units by the percentage of completion. divi
madreJ [45]

Answer:

multiplying the number of physical units by the percentage of completion.

Explanation:

Project management can be defined as the process of designing, planning, developing, leading and execution of a project plan or activities using a set of skills, tools, knowledge, techniques and experience to achieve the set goals and objectives of creating a unique product or service. Generally, projects are considered to be temporary because they usually have a start-time and an end-time to complete, execute or implement the project plan.

The fundamentals of Project Management includes;

1. Project initiation

2. Project planning

3. Project execution

4. Monitoring and controlling of the project

5. Adapting and closure of project.

It is very important and essential that project managers in various organizations, businesses and professions adopt the aforementioned fundamentals in order to successfully achieve their aim, objectives and goals set for a project.

An equivalent unit is calculated by multiplying the number of physical units by the percentage of completion.

3 0
3 years ago
You are an international shrimp trader. A food producer in the Czech Republic offers to pay you 2.2 million Czech koruna today i
fredd [130]

Answer: The value of this exchange is $8,816.05.

Explanation:

The problem is dealing with a simple case of arbitrage of exchange rates: Lets assume that

k = koruna

b = baht

Step 1:

Sales Revenue = k2,200,000

(To get USD amount : \frac{2,200,000}{25.36}=$86,750.7886

Purchase Cost = b3,200,000

(To get USD amount : \frac{3,200,000}{41.06}=$77,934.7297

Step 2:

Profit = Sales Revenue - Purchase cost

         = $86,750.7886 - $77,934.7297

         = $8,816.0589

The value of this exchange is $8,816.05.

4 0
4 years ago
Select the sentence where the idea is clearer.
dmitriy555 [2]

Answer:

B. We have every desire and hope of a substantial salary increase.

Explanation:

Prepositions are used along with a noun or a pronoun to indicate a relationship with another word or element in the clause. It makes an idea clearer.

Examples of prepositions are at, for, if, on, in, over, and under.

These are used to describe location time or place. However we should avoid unnecessary use of prepositions.

In this instance the use of for in the following sentence is unnecessary, as 'every desire' is adequate : 'We have every desire for and hope of a substantial salary increase. '

We have every desire and hope of a substantial salary increase. Is a more concise and better option

5 0
3 years ago
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