Answer:
<u>$4387 b</u> but Real Income GDP will be <u>$4500 b</u> ..
Explanation:
This nominal GDP signifies the worth of all those ultimate assets including assistance that economics performed throughout a provided year. The aforementioned is calibrated by implementing the uses that remain contemporary throughout the year while which that output is generated. Meanwhile, in economics, a nominal worth is formulated into monetary sessions.
This is essential to identify amidst the nominal and real value of a nation's internal production including profit. Real GDP estimates a specific amount of production. An expansion in real production signifies that AD has grown quicker than this rate of inflation moreover this prosperity is encountering assertive germination. So according to the above eplaination the answer is mentioned below.
AS/AD model – If an aforementioned administration maintains equanimity into Year 5 including a Value Level concerning $2.54, later Nominal Earnings GDP will remain <u>$4387 b</u> still Real Income GDP will remain <u>$4500 b</u> ..
Answer:
a. A single grocery store is the only source of food in a small town, giving the store the ability to influence the price of food. - the source of market failure here is the fact that the grocery store is a monopoly. Because it is a monopoly, it has the market power to charge prices higher than in a free market, and to supply quantities lower than in a free market.
b. A manufacturing plant dumps chemical waste into a nearby river, poisoning the water supply for a small town downstream. - the source of the market failure here is pollution, a negative externality, because the dumping of chemical waste from the plant is affecting the people of the small town downstream.
Answer: C. Manage materials/products, information, financials, and demand.
Explanation: Supply Chain is said to be a the network between a manufacturer and its suppliers.
It is a system of coordinating the movement of goods and services from its manufacturer to its suppliers.
It involves the use of people, activities, information and resources.
A good supply chain must manage its materials/products, information, financials, and demand efficiently to maximise its daily, weekly or monthly output.
Answer:
The correct answer is "is relatively new in the context of history."
Explanation:
Economic growth is the increase in the per capita income of the entire population of a country each year.
The economic growth is relatively new in the context of history. The world saw rapid economic growth about 200 hundred years ago. It started with the invention of new technology that changed the ways of how things were done, specifically in the field of agriculture and with the discovery of energy and its forms.
Answer: B. 30%
Explanation:
They bought the motorcycles for $2,100 and sold them for $1,000 each.
This means that they sold for a total of 1,000 x 3 = $3,000.
The markup was $3,000 minus the cost price of $2,100 which comes out to $900.
The markup percent would be the Markup amount over the selling price.
= 900/ 3000
= 0.3
= 30%
Please do react or comment if you need clarification. Thank you.
