All categories

2 years ago

What macroeconomic goal is Real GDP used to measure for?

Business

1 answer:

hram777 [196]2 years ago

7 0

Answer: Economic growth

Explanation:

Some of the macroeconomic goals that we've include economic growth, low inflation, low unemployment, improvement on standard of living, balance of payment equilibrium etc.

Real gross domestic product refers to the measure of the output in an economy with the inflation in the economy taken into consideration and it has been adjusted with respect to the inflation. The real gross domestic product measures the economic growth rate.

You might be interested in

Cool People publications focuses their marketing efforts on reaching African-American teenage girls. The firm believes that they

olya-2409 [2.1K]

Answer: Target Marketing

Explanation: In Target Marketing, a company focuses its attention on a particular group of people because it feels the needs of this group of people would be best met by a particular product or service it offers.

The company first breaks the market into segments, as can be seen in the question above, where Cool People has broken the market into segments and has chosen to focus on African-American teenage girls.

4 0

2 years ago

During which phase of the data analysis process does the fraud examiner identify, obtain, and verify the relevant or requested d

PIT_PIT [208]

Answer: The preparation phase

Explanation:

The preparation phase of data analysis is a phase where the Data analyst examines the information he got in order to carry out his or her job properly. One if the test he carries out that period is Duplicate testing, it is used to identify transactions with duplicate values in specified fields. It can quickly review files

5 0

2 years ago

The quantity theory of money is a theory of how A) the money supply is determined. B) interest rates are determined. C) the nomi

meriva

Answer:

C) the nominal value of aggregate income is determined

Explanation:

The quantity theory of money states that nominal aggregate income is determined by money supply. It is assumed that money velocity is constant in the short run and so would not impact nominal aggregate income.

The quantity theory of money is obtained from the equation of exchange which is:

(Money supply × velocity ) = (price × agregrate output)

Dividing both sides by velocity gives,

Money supply = (1/velocity) × ( price × agregrate output)

It is assumed velocity is constant, therefore,

Money supply = k × (price × agregrate output)

I hope my answer helps.

All the best

5 0

3 years ago

According to the semistrong form of the efficient markets hypothesis, ____________.A. stock prices do not rapidly adjust to new

solmaris [256]

Answer:

The correct answer is option B.

Explanation:

According to the efficient market hypothesis, when the market is in semi-strong form the future changes in the stock prices cannot be predicted by the publicly available information.

The stock prices quickly adjust to all the publicly available information. In this situation, an investor can earn above-average returns if he possesses private information which is not available to all.

3 0

3 years ago

Identify the coefficient and exponent of these very large and very small numbers represented in scientific notation. Identify ho

viktelen [127]

Answer:

The answer is below

Explanation:

Scientific notation is a way in which real numbers both big and small are represented in decimal form. It is represented by dividing the number into two parts in the form of a × $10^b$ , where 1 ≤ |a| ≤ 10 and b is to the power of ten which makes it equal to the original number.

$1)\ 5890000=a*10^b=5.89*10^6\\\\hence,a=5.89,b=6\\\\2)\ 0.0000521=c*10^d=5.21*10^{-5}\\\\hence,c=5.21,d=-5$

3 0

2 years ago