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Ilia_Sergeevich [38]
3 years ago
7

If nominal GDP in 2014 is $20,000 billion while real GDP is $16,000 billion, then the GDP deflator in 2014 is

Business
1 answer:
Triss [41]3 years ago
7 0

Answer:

125

Explanation:

Calculation for GDP deflator in 2014

Using this formula

2014 GDP deflator=nominal GDP /real GDP*100

Let plug in the formula

2014 GDP deflator=$20,000 billion/$16,000 billion*100

2014 GDP deflator=125

Therefore GDP deflator in 2014 is 125

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2 years ago
Emporia Corporation is a lessee with a capital lease. The asset is recorded at $810,000 and has an economic life of 8 years. The
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Answer:

The amount of depreciation expense the lessee should record for the first year of the lease is $108,000

Explanation:

To calculate the depreciation expense for each year the first thing you have to do is to substruct from the initial value the fair value at the end fo the lease, obtaining this way the depreciable amount.

For this case it would be:

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3 years ago
What is the best restaurant you have ever been to?​
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CheeseCake Factory & Pappadeaux.

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When a business has plants located in several foreign countries, it is called a(n)?
ddd [48]
When a business has plants located in several foreign countries, it is called a multinational company.
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3 years ago
GNP measures:Select one:a. the same things as GDP, but also includes financial assets.b. production by U.S. citizens wherever th
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Answer:

The correct answer is letter "B": production by U.S. citizens wherever they work in the world.

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