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Vanyuwa [196]
2 years ago
12

The GDP deflator in year 2 is 95 using year 1 as a base year. This means that, on average, the price of goods and services is Gr

oup of answer choices 105% higher in year 2 than in year 1. 5% higher in year 2 than in year 1. 105% higher in year 1 than in year 2. 5% higher in year 1 than in year 2.
Business
1 answer:
viva [34]2 years ago
3 0

Answer:

5% higher in year 1 than in year 2.

Explanation:

As we know that the GDP deflator in year 1 or in base year it should always be 100

Also the GDP deflator in year 2 is 95

Now as we can see that the GDP for year 1 is more than GDP for year 2 by 5%

Therefore in year 1, it is 5% higher than in year 2

So, the last option is correct

hence, the same is to be considered

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On July 1, 2020, Whispering Co. pays $13,620 to Metlock Insurance Co. for a 3-year insurance policy. Both companies have fiscal
S_A_V [24]

Answer:

jul-01 Prepaid expenses   13.620  

jul-01      Cash                              13.620

     

dec-31 Insurance policy expense 2.270  

dec-31     Prepaid expenses    2.270

Explanation:

Paid 1-jul 13620    

     

Three Years 13.620 36 months    

Monthly 378 month    

Current Year 2.270 6 months    

           

jul-01 Prepaid expenses   13.620  

jul-01      Cash                              13.620

     

dec-31 Insurance policy expense 2.270  

dec-31     Prepaid expenses    2.270

4 0
3 years ago
A homeowner hired a contractor to finish her basement. They agreed on a price of $20,000 for the job. During the final stages of
Anestetic [448]

The inference is that the contractor will prevail because the homeowner agreed to the price increase.

<h3>What is an inference?</h3>

It should be noted that an inference simply means the conclusion that can be deduced based on the information given.

In this base, inference is that the contractor will prevail because the homeowner agreed to the price increase.

Learn more about inference on:

brainly.com/question/25280941

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4 0
2 years ago
The equilibrium between possible threats and prospective compensation is known as​ ________.
stiv31 [10]
The equilibrium between possible threats and prospective compensation is known as risk/return trade-off.
4 0
2 years ago
A dividend is _____.
guajiro [1.7K]
I think it is C.Money a company shares with stockholders.
8 0
3 years ago
Read 2 more answers
Item11 Item 11Item 11 Schister Systems uses the following data in its Cost-Volume-Profit analyses: Total Sales $ 390,000 Variabl
sleet_krkn [62]

Answer:

the total contribution margin is $245,700

Explanation:

The computation of the total contribution margin in the case when the sales volume rise by 40% is shown below:

Since the sales volume is rise so the contribution margin is also rise by 40%

Therefore the total contribution margin would be

= Contribution margin × (1 + increased percentage)

= $175,500 × (1 + 0.40)

= $175,500 × 1.40

= $245,700

Hence, the total contribution margin is $245,700

5 0
3 years ago
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