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dimulka [17.4K]
3 years ago
8

Explain the use of a base year in measuring output

Business
1 answer:
Mariana [72]3 years ago
4 0

Answer:

A base year is used for comparison in the measure of a business activity or economic index. For example, to find the rate of inflation between 2013 and 2018, 2013 is the base year or the first year in the time set.

Explanation:

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The​ short-run aggregate supply curve slopes upward because of all of the following reasons except
ololo11 [35]

Answer:

B) in the short run, an unexpected change in the price of an important resource can change the cost to firms.

Explanation:

The short run aggregate supply (SRAS) curve is upward sloping because as the price of goods and services increases, the quantity supplied will increase. In the short run, wages are more sticky than prices, and businesses can adjust prices more rapidly than employees can get a raise. This will result in businesses increasing their profit margins as the general level of prices increases, therefore the SRAS curve will be upward sloping.

An unexpected change in the price of a key input will shift the entire SRAS curve either to the right (price of key input decreases) or to the left (price of key input increases).

3 0
4 years ago
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Keiko manages a team of graphic designers. She distributes a document describing in detail each task for an upcoming project. Ea
seraphim [82]

Answer:

responsibilities scope

Explanation:

Keiko is describing responsibilities for each team member so each one knowns what is expected from them

4 0
3 years ago
In general, business writing should be _____.
Dmitrij [34]

In general, business writing should be _____.

a.

Easy to read quickly

9 0
4 years ago
Suppose you deposited $5,000 in a bank account that pays 5.25% with daily compounding based on a 360-day year. How much would be
sleet_krkn [62]

Answer:

$5,175

Explanation:

The computation of the amount after 8 month is as follows

As we know that

Amount = Principal × (1 + interest rate × number of days ÷ total number of days)

where,

Principal = $5,000

Interest rate = 5.25%

Number of days = 30 days × 8 months = 240 days

And, the total number of days = 360 days

So, the amount after 8 months is

= $5,000 × (1 + 5.25% × 240 days ÷ 360 days)

= $5,000 × 1.035

= $5,175

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A nonprofit team attempting to reduce your​ state's unemployment rate is partnering with an outplacement firm to host workshops
Ira Lisetskai [31]

Answer:

conscientiousness

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3 years ago
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