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Nana76 [90]
3 years ago
10

Suppose nominal GDP in the base year was $380 million. Five years later, nominal GDP was $480 billion and the GDP price index wa

s 120. Over those five years, real GDP: Group of answer choices increased by $80 billion
Business
1 answer:
Ostrovityanka [42]3 years ago
6 0

Answer: increased by $20 billion

Explanation:

Real GDP is year of interest is:

= (Nominal GDP in year of interest/ GDP Price index in year of interest) * 100

= 480/120 * 100

= $400 billion

Nominal GDP is equal to Real GDP in base year so increase in real GDP is:

= 400 - 380

= $20 billion

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Likurg_2 [28]

Answer:

Knowledge worker

Explanation:

Knowledge worker indicates the specification in a particular field. It also refers that when a person does a specific task, shows the speciality in it.

Therefore according to the given scenario Asian countries is affecting with a virus and a pharmaceutical company want to create a drug with the help of scientists who already research on the virus. Here, the company will use their expertise so that they can create the drug which indicates the knowledge worker.

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4 years ago
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3 years ago
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Kruka [31]

Answer:

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Explanation:

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3 years ago
Which assumption or principle requires that all information significant enough to affect adecision of reasonably informed users
earnstyle [38]

Answer:

Letter d is correct. <u>Full disclosure.</u>

Explanation:

The accounting principle of full disclosure can be defined as GAAP requirements for an organization's management to provide all key information about the company's operations to investors and creditors, so that such external users can use the financial statements and notes. relevant footers to assist in the decision-making process.

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Products whose demand rises when another product’s price increases are called
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