Answer:
The net savings changed the most, and this is because of the extra money coming in via total income. An extra $290.00 was added to the category.
Explanation:
Answer:
d. nominal GDP is $500, real GDP is $400, and the GDP deflator is 125.
Explanation:
Real GDP is total output produced in an economy within a given period multiplied by base year prices
Nominal GDP is the sum of all final goods and services produced in an economy within a given period multiplied by current year prices.
Nominal GDP = (100 × $3) + (50 × $4) =
$500
Real GDP = (100 × 1.5) + (50 × $5) = $400
GDP deflator = (nominal gdp / real gdp) x 100
(500 / 400) × 100 = 125
I hope my answer helps you
Answer:
ROQ will be 32863 gallons
So option (a) will be the correct answer
Explanation:
We have given that company uses 150000 gallons of hydrochloric acid per month
Ordering cost = $150
And the holding cost = $0.5
We know that 1 year = 12 month
So annual demand = 12 ×150000 = 1800000
We have to fond the economic order quantity EOQ
We know that EOQ is give by

So option (a) will be correct answer
Answer: $22,200.72
Explanation:
Given the following :
Amount Pete Morton wants to be able to withdraw each period = $8000
Number of periods = 3
Interest rate on deposit = 4%
The amount Pete must deposit at the beginning of his study to be eligible is the product of the payment per period and the present value of annuity factor.
From the present value of annuity factor table ; the factor obtained for a 3 years period at 4 % Interest rate is 2.77509
Hence,
$8000 × 2.77509 = $22,200.72