Answer:
4%
Explanation:
If the real gross domestic product for the year grew by 2%
The inflation rate also grew by 2%
Then nominal GDP rate can be calculated as follows
= Real GDP + inflation rate
= 2% + 2%
= 4%
Hence the nominal gross domestic product grew by 4%
Answer:
The correct answer is (C)
Explanation:
They are the two crucial characteristics that are general used to make accounting data more useful to make long-term decisions. To be exact, faithful representation helps to attain the relevant data for the company and this quality enhances the reliability of financial data. Completeness, fairness and free of error these three characteristic are a part of faithful representation of data.
Answer:
Explanation:
Sunk, or past, costs are monies already spent or money that is already contracted to be spent. A decision on whether or not a new endeavor is started will have no effect on this cash flow, so sunk costs cannot be relevant.
For example, money that has been spent on market research for a new product or planning a new factory is already spent and isn’t coming back to the company, irrespective of whether the product is approved for manufacture or the factory is built.
Committed costs are costs that would be incurred in the future but they cannot be avoided because the company has already committed to them through another decision which has been made.
To find the correct answer, you should know that Barium
Chloride is a strong electrolyte. A strong electrolyte will wholly complete the
circuit as shown by a brightly powered light bulb. Therefore, the correct
answer is a solid with a concentration of 0.20, where the strength of light
emitted is bright. Remember that all strong acids and highly soluble ionic
substances are strong electrolytes. Ionic compounds that are merely slightly
soluble or are insoluble may act as a poor electrolytes.
it is likely that John chooses this oil company because of their good services
