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tankabanditka [31]
2 years ago
11

Use the table to answer the question.

Business
1 answer:
jarptica [38.1K]2 years ago
5 0

The growth rate of Nominal  GDP from 2007 to 2008 is 100%.

Nominal GDP is the gross domestic product of a country that is calculated using current year prices. It included real GDP and inflation.

Growth rate in GDP = (nominal GDP in 2008 / nominal GDP in 2007) - 1

Nominal GDP in 2007 = (60 x 100) + (15 x 20)

= $6000 + $300

= $6,300

Nominal GDP in 2008 = (60 x 200) + (12 x 50)

$12,000 + 600

= $12,600

Growth rate = ($12,600 / 6,300) - 1 = 100%

Please find attached an image of the table used in answering this question. To learn more about GDP, please check: brainly.com/question/25780486

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When Coca Cola decided to change their brand name from Coca cola to Coke; this was mainly a:
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Answer:

I would assume B

Explanation:

they changed their brand name so that would be a product decision

7 0
2 years ago
Boeing is planning a new aircraft. Customers want more fuel efficiency without sacrificing any features of the current models. T
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Answer:

Long term

Explanation:

A business needs to plan in order to meet it business objectives and also to adequately satisfy the customer.

Short term plans are those that meet immediate business and customer needs. The require less preparation and cost to implement.

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In this scenario Boeing needs several years to develop an aircraft that has more fuel efficiency. So their plans are long term and aimed to satisfy customer needs.

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2 years ago
The british economist john maynard keynes believed that recovery from the great depression required first abandoning the:
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John Maynard Keynes is known for his economic theory called Keynesian economics. He studied on ways to resolve the problem of the Great Depression. According to Keynes, the government should abandon or reduce tax rates, and at the same time, increase government spending as investments. By increasing government expenditures, it would open more job opportunities and investments into an economic zone. People will have high earnings, and because of lower taxes, they could buy what they want. For Keynes, this type of economic system called capitalism is the solution for the Great Depression.
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2 years ago
Financial literacy is the set of skills and knowledge needed to make informed decisions about __________. A. career matters B. m
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Answer: B. Money matters

Explanation: “Financial” means the management of money, so money matters would be the correct answer.

5 0
3 years ago
Using the information below for Sundar Company; determine the total manufacturing costs added during the current year:
defon

Answer: $96,500

Explanation:

Manufacturing cost includes all the costs that went into production in a period including direct costs and manufacturing overhead:

= Direct materials + Direct labor + Manufacturing Overhead

Manufacturing overhead = Beginning work in process + Factory overhead - Ending work in process

= 11,200 + 52,600 - 11,800

= $52,000

Manufacturing cost = 19,500 + 25,000 + 52,000

= $96,500

3 0
2 years ago
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