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3 years ago

Describe the difference between real gdp and nominal gdp.

Business

1 answer:

RideAnS [48]3 years ago

7 0

Answer:

Nominal GDP measures a country's gross domestic product using current prices, without adjusting for inflation. Contrast this with real GDP, which measures a country's economic output adjusted for the impact of inflation.

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Under two of the incoterms® rules, ________ has to provide the importer with a certificate of insurance.

Dovator [93]

<span>"The exporter"</span> has to provide the importer with a certificate of insurance.

The Incoterms rules are standard arrangements of exchanging terms and conditions intended to help merchants when merchandise are sold and transported. Each Incoterms rule determines: the commitments of each gathering like who is in charge of administrations, for example, transport; import and fare leeway and so on.

3 0

3 years ago

President obama announced a $100,000,000 humanitarian aid package to haiti to support its earthquake relief. england's parliamen

Julli [10]

Answer: The parliament is likely to allocate £ 1,23,93,800.62

We arrive at the answer as follows:

Amount allocated by President Obama $100,000,000

Amount England wants to contribute 20% of President Obama's allocation

Amount England wants to contribute in USD =

$0.2 * 100,000,000 = USD 2,00,00,000$

Exchange Rate $1. 61371/1 pound sterling

We can read the problem as if $1.61371 is equal to 1 pound sterling, how many pound sterlings are equal to $2,00,00,000?

Let number of pound sterlings be x

So, $\frac{1.61371}{1}= \frac{100000000}{x}$

$x = \frac{100000000}{1.61731}$

$x = 1,23,93,800.62$

3 0

3 years ago

Which economic activity is part of a government's fiscal policy?

blagie [28]

Answer:

D. Spending tax revenues

Explanation:

Fiscal policies are the actions of the executive wing of the government to alter its spending and taxation strategies to achieve macroeconomic objectives. Fiscal policies are the activities of adjusting government spending and taxation in the economy.

The government receives data on the state of the economy from various agencies. The government adjusts its spending and taxes to influence the level of economic activities to achieve steady growth and stable prices.

5 0

3 years ago

Read 2 more answers

_____ runs a computer and allows people to use the computer to perform specific tasks, such as creating letters, preparing budge

Komok [63]

Software runs a computer and allows people to use the computer to perform specific tasks, such as creating letters, preparing budgets, managing inventory and customer databases.

<h3>What enables users to perform specific tasks on a computer?</h3>

Application software, also known as an application or an app, is computer software designed to help the user to perform specific tasks.

Examples include enterprise software, accounting software, office suites, graphics software and media players.

Many application programs deal principally with documents.

Software is a set of instructions, data or programs used to operate computers and execute specific tasks.

It is the opposite of hardware, which describes the physical aspects of a computer.

Software is a generic term used to refer to applications, scripts and programs that run on a device.

To learn more about Software, refer

https://brainly.ph/question/2347771

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6 0

2 years ago

Albee Township’s fiscal year ends on June 30. Albee uses encumbrance accounting. On April 5, year 1, an approved $1,000 purchase

Mice21 [21]

Answer:

Encumbrances $1000

Reserved for encumbraces $1000

Explanation:

Encumbrance is in the debit because is the money that we have destined for the purchase and since we have to get the money from our funds Reserved for encumbrances is in the credit.

5 0

3 years ago

Describe the difference between real gdp and nominal gdp.​

Describe the difference between real gdp and nominal gdp.