1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
lys-0071 [83]
2 years ago
12

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
What effect will each of the following have on the demand for small automobiles such as the Mini-Cooper and Fiat 500?
icang [17]

Answer:

a. Demand will increase.

b. Demand will increase.

c. Demand will increase.  

d. Demand will decline.

e. Demand will increase.

Explanation:

a. If small automobiles become more fashionable, people will prefer them more. This will lead to an increase in demand for autos.  

b. If there is an increase in the price of large automobiles and the price of the small automobiles remain the same, people will prefer the cheaper substitutes. This will cause the demand for small automobiles to increase.  

c. Inferior goods have a negative income effect. SO, when income declines the demand for small autos will increase and vice versa.  

d. If consumers expect the price of small autos to fall in the near future, they will hold their money to buy autos when their price fall. This will cause the current demand to fall.  

e. When the price of gasoline drops it will become cheaper to use autos. This will lead to an increase in demand for autos.

8 0
3 years ago
Read 2 more answers
Bruce, a buyer, contracted with Steve, a seller, to buy ten dozen bicycle tires for $960. Payment was due thirty days after deli
umka2103 [35]

Answer:

b. Hold the tires with reasonable care for disposition as the seller instructs.

Explanation:

When goods are non-conforming to contract, the buyer has the right to reject the goods. The seller also has the right to cure the defect or ensure conformity.

1. Buyer's right to reject: In this case the buyer has the right to reject the goods on inspection, and notify the seller within a reasonable amount of time.

2. Seller's right to cure: The seller has the right to cure defect on the goods, and this can be done where there is still time to rectify the defects noticed by the buyer. In this case, the buyer is not due to pay for the goods for the next 30 days.

The seller still has the opportunity to meet the contract standard and close the deal.

So option b is correct. The buyer holds the goods pending decision of seller to either cure defects on goods or retrieve the goods.

7 0
3 years ago
Bauer Software's current balance sheet shows total common equity of $5,125,000. The company has 490,000 shares of stock outstand
Alja [10]

Answer:

$17.04

Explanation:

Book value per share of equity = $5,125,000 / 490,000 = $10.46

Market price per share =  $27.50

$27.50 - $10.46 = $17.04

3 0
3 years ago
Suppose the Digby company shifts focus to only competing in the Thrift and Nano segments, while competing on price by reducing c
andriy [413]

Answer:

Niche cost leader

Explanation:

Since in the question it is mentioned that the Digby company shifts the focus to the segments of Thrift and Nano while on the other hand it also decreasing the cost so here the niche cost leader should be considered as it is focused on the specific segment also it concentrate on the price reduction i.e less the price charged by the competitor in order to gain the competitive advantage

hence, the second last option is correct

3 0
3 years ago
You're trying to save to buy a new $180,000 Ferrari. You have $32,000 today that can be invested at your bank. The bank pays 5.0
Keith_Richards [23]

Answer:

Given an annual interest rate of 5%, it will take 35.4 years to accumulate $180,000.

Explanation:

Giving the following information:

Future Value (FV)= $180,000

Present value (PV)= $32,000

Interest rate (i)= 5%

<u>To calculate the number of years (n) to reach the objective, we need to use the following formula:</u>

<u></u>

n= ln(FV/PV) / ln(1+i)  

n= ln(180,000/32,000) / ln(1.05)

n= 35.4

Given an annual interest rate of 5%, it will take 35.4 years to accumulate $180,000.

4 0
3 years ago
Other questions:
  • Roasters Corporation and Outdoor Barbecues, Inc., enter into a contract for a sale of a commercial grill. The contract requires
    10·1 answer
  • _____ is the efficient and effective execution of specific tasks. a. wisdom b. expertise c. strategic planning d. operational co
    10·1 answer
  • In the open-economy macroeconomic model, other things the same, which of the following combinations make the exchange rate fall?
    5·1 answer
  • In a master-detail relationship scenario, the fields of the parent object need to be displayed in the related list. How will a d
    7·1 answer
  • What technological superiority a major factor in the conquest of the Americas?
    8·1 answer
  • Cracker Corporation began a special promotion in July 2016 in an attempt to increase sales. A coupon was included in various pri
    11·1 answer
  • Which of the following is NOT a correct statement regarding break-even?
    7·1 answer
  • Mudvayne, Inc., is trying to determine its cost of debt. The firm has a debt issue outstanding with 11 years to maturity that is
    5·1 answer
  • Pelzer Printing Inc. has bonds outstanding with 10 years left to maturity. The bonds have a 9% annual coupon rate and were issue
    14·1 answer
  • Your airplane has 845 miles to travel. So far the airplane has traveled 429 miles. How many miles does the airplane have to trav
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!