All categories

3 years ago

Would you use Real GDP or Nominal GDP to accurately calculate growth in 2011? Explain in three to four sentences.

1 answer:

3 0

You would want to use Real GDP because it looks at the inflation and deflation due to price "changes" over the years. Nominal GDP only looks at the current market of today's economy. So with this being said you only want to use Real GDP if your looking back at the economy's history, but you would look at Nominal GDP if you wanted to know the current economy status.

You might be interested in

To reduce waste of raw materials, the government of Sperland is considering requiring household appliances to be broken down for

Alekssandra [29.7K]

Answer:

The correct answer is A.

Explanation:

According to the previous argument, imposing the rate at the time of recovery would reduce waste more effectively, as consumers tend to keep old appliances for longer if they face a fee for disposal. So, what Sperland would be causing is for consumers to look for different alternatives to avoid incurring such expenses.

7 0

3 years ago

What appeals to you about baskin robbins franchise

blsea [12.9K]

Answer:

It does not appeal to me lol.

Explanation:

If it does appeal then it will probably be the free icecreams. Plus you can have whatever toppings and designs you want!

7 0

3 years ago

The study done by the Committee of Sponsoring Organizations (COSO) on financial statement frauds that occurred during the period

Nadya [2.5K]

Answer:

Most of these firms had audit committees that met at least four times a year.

Explanation:

COSO stands for Committee of Sponsoring Organization, which is an organization that is dedicated to offering the thought of guidance as well as leadership on the fraud deterrence, internal control and management of enterprise risk.

From the findings which is not found as fraud is that the most of the firms or businesses had committees of audit which met at least 4 times a year.

3 0

3 years ago

81. The forward rate of the Swiss franc is $.50. The spot rate of the Swiss franc is $.48. The following interest rates exist: U

Alisiya [41]

Answer:

invest = $96,914

so correct option is d. $96,914

Explanation:

given data

forward rate of the Swiss franc = $.50

spot rate of the Swiss franc = $.48

pay a sum = SF200,000

solution

we know Borrow is here

Borrow = $\frac{SF200000}{1.05}$

Borrow = SF190,476

and

when we convert it will be

Convert SF190,476 is

Convert = SF190,476 × $.48 = $91,428

so investment at 6 % is

Invest = 6 % of $91,428 + $91,428

invest = $5485.68 + $91,428

invest = $96,914

so correct option is d. $96,914

7 0

3 years ago

Calculate the total revenue, total costs, and total gross profit the company will earn on the sale of L-Ten, Triol, and Pioze. A

trapecia [35]

Answer:

L-Ten, Triol and Pioze

Revenue $1,000,000 ; $2,000,000 ; $700,000

Total Costs $750,000 ; $750,000 ; $510,000

Gross Profits $250,000 ; $1,250,000 $190,000

Explanation:

Gross Margin percentage = Gross margin / Revenue

Gross Margin Percentage = Total Gross Margin of all products / Total revenue

Gross Margin Percentage = $1,690,000 / $3,700,000 = 0.45

Gross margin percentage is 45%

7 0

3 years ago