Answer:
Nominal GDP in 2014 was $1000
Nominal GDP in 2015 was $1665
Nominal GDP in 2016 was $2500
Explanation:
Nominal GDP is the market value of goods and services produced in an economy, un-adjusted for inflation.
NGDP= Q x P
Where
Q= quantity
P= price
Nominal GDP in 2014
NGDP(2014)=$4x 100+ $5 x120
NGDP(2014)=$1000
Nominal GDP in 2015
NGDP(2015)= $4.50x 150+ $5.50x 180
NGDP(2015)=$1665
Nominal GDP in 2016
NGDP(2016)= $5x 200 +$6.00x 250
NGDP(2016)= $2500
Base on the path-goal theory of House, Subordinates are motivated by believing that more effort improves job performance .
<h3>What is path-goal theory?</h3>
The path-goal theory states stressed that a leader's behavior is contingent on the satisfaction and motivation of their employees.
This is the reason why, Subordinates of the organization are motivated by believing that more effort improves job performance .
Learn more about path-goal theory at;
brainly.com/question/11555274
The answer to this is none of the above. Small lean mean agencies which operate on low overheads and do quality work by hiring experts on job basis are not in the choices. They are not regarded as hot, advertising, or cold shops.
Answer:
1,386.67%
Explanation:
Loan Amount = $8.25
Repayment Amount = $10.45
Hence,
Interest for a week = Repayment Amount - Loan Amount
= $10.45 - $8.25
= $2.2
Interest percentage for a week:
= ![\frac{Interest\ for\ a\ week}{Loan\ Amount}\times100](https://tex.z-dn.net/?f=%5Cfrac%7BInterest%5C%20for%5C%20a%5C%20week%7D%7BLoan%5C%20Amount%7D%5Ctimes100)
= ![\frac{2.2}{8.25}\times100](https://tex.z-dn.net/?f=%5Cfrac%7B2.2%7D%7B8.25%7D%5Ctimes100)
= 26.66% (approx)
Number of weeks in a year = 52
Therefore,
Effective annual return:
= Interest percentage for a week × Number of weeks in a year
= 26.66% × 52
= 1,386.67%
Hence, effective annual return Friendly’s earns on this lending business is 1,386.67%
.
APR you are paying 1,386.67%.