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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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The property of water that produces water's surface tension is called ______, which is the tendency of water molecules to stick
fgiga [73]

The property of water that produces water's surface tension is called <u>cohesion</u>, which is the tendency of water molecules to stick together.

More about surface tension:

The force per unit length that must be supplied parallel to the surface in order to balance the net inward pull is known as the surface's "tension."

All nearby molecules in a liquid share the cohesive forces that hold them together. Because they don't have any above-surface neighbours, molecules on the surface exert stronger attractive forces on their closest neighbours below and on the surface.

Due to the cohesive structure of the water molecules, surface tension can be described as the characteristic of a liquid's surface that permits it to resist an external force.

Learn more about surface tension here:

brainly.com/question/11348644

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4 0
2 years ago
Which of the following statements help to explain why, in the real world, the Fed cannot precisely control the money supply?
Rainbow [258]

Answer:

The correct answer is option a and c.

Explanation:

The fed cannot control the money supply up to a great extent in the real world. This is because the feds can control the amount of required reserves that a commercial bank holds. But they cannot control the amount of excess reserves that a bank decides to hold which affects the money supply.

At the same time, the feds cannot control the amount of money that the households decide to hold as currency which also affects the money supply.

The amount of excess reserves a bank decides to hold affects the deposit-reserve ratio. While the amount of money that households decide to hold affects the currency deposit ratio. Both of these ratios affect the money supply.

8 0
3 years ago
Inflation is a general rise in the level of prices experienced by people in a nation.
vladimir2022 [97]

Answer:

True.

Explanation:

Inflation is an economic term that can be defined as the increase in the prices of a product on the market in a given period.

It can occur due to several factors, when there is an imbalance between supply and demand, then it is correct to say that when the demand for a product is greater than the supply, there will be an increase in prices and, consequently, inflation.

It can also occur when there are situations of monopoly, which is the pricing of a product controlled by a company.

Another factor that causes inflation is the increase in a company's production costs, which can be caused by factors such as scarcity, or economic crisis.

Uncontrolled inflation has a negative impact on the consumer's life, which starts to lose its purchasing capacity and has its quality of life reduced.

4 0
3 years ago
Why might an endorser want to limit the term of an endorsement contract with a company?
oee [108]

Answer:

for better opportunities

Explanation:

Endorsers are usually in exclusive contract with companies that forbids them to work with other competitors. Celebrities have their high or low times, when they are at their peak popularity, they would want to be associated with the best and top of the line brands and vice versa. They prefer to switch according to the situation that's why they try to limit the term of contract.

8 0
3 years ago
The objectives of labor unions frequently shift with social and economic trends. In the 1970s, the primary objective was additio
vovikov84 [41]

Answer:

The provision passed by the new state giving Edward the choice is called:

a. Open shop agreement.

Explanation:

The open shop agreement allows Edward but does not oblige him to be a union member before he can be hired in the new state.  This means that the choice to belong to a union should be made by Edward and not his employer.  It is not like a closed shop agreement, where Edward must be required to be a union member to be employed.

5 0
2 years ago
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