<span>The two additional pieces of information required to conclude that the standard of living increased by 4% for the typical person is REAL GDP for 2004 and the GDP deflator value for 2003. We are given nominal gdp at 4% increase which we can state as 1.04. If we are given real gdp or real gdp growth we can then derive the GDP deflator value for 2004 as follows:
2004 GDP deflator = Nominal GDP 2004/ Real GDP 2004.
Now that we have the 2004 GDP deflator, we can compare this to the 2003 GDP deflator which is the second piece of info we need to calculate the Consumer Price Index or CPI. Calculated as follows:
CPI = GDP deflator 2004 / GDP deflator 2003.
The CPI value calculated above will give you year over year inflation from year end 2003 to year end 2004. We can then concluded the change in standard of living for the typical person which is simply the increase in Nominal GDP less inflation which is real GDP growth or SOL (Standard of living growth).
Nominal GDP increase 2004 - Inflation = SOL increase.
4% - 2004 inflation = change in SOL.</span>
Answer:
$429.15
Explanation:
The computation of the adjusted balance of the bank balance is shown below:
= Balance shown in bank statement + outstanding deposits - one outstanding check - second outstanding check
= $409.90 + $160 - $58.53 - $82.22
= $429.15
while computing the adjusted balance we added the outstanding deposits and subtract the outstanding checks
The approach most likely to be saved as a last resort for a firm aiming to reduce its workforce is Firing.
<h3>
What is Firing?</h3>
- Firing implies that a representative's occupation is ended because of reasons, for example, unfortunate work execution or exploitative way of behaving like taking organization hardware.
- In any case, a business can terminate laborers with no legitimate explanation assuming they're freely representatives.
<h3>
How to legally fire?</h3>
- Refrain from escalating a sensitive situation. Do not abruptly break the news, use profanities, or reprimand the employee in front of other workers.
- Follow the laid-out discipline strategy. On the off chance that the handbook says to give a verbal admonition, a composed admonition, and a trial period, then, at that point, do each step.
- The handbook additionally ought to give you the option to end laborers quickly who take part in serious wrongdoing.
- However, prior to skirting moderate discipline, make certain of the realities. Hearing bits of gossip about bad behavior from others is sufficiently not. Lead an intensive examination, then ask the worker for his side.
Hence, Firing is most likely to be used as a last resort by a company looking to decrease its personnel.
To learn more about Firing refer to:
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Answer:
D. 11%
Explanation:
Step 1. Given information.
400,000
500,000
300,000
400,000
2,000,000
Step 2. Formulas needed to solve the exercise.
- Addition of the cumulative shares = 400,000 + 500,000 + 300,000 + 400,000 + 2 million = 3.6 million.
-
self share = 400000 = 0.4 million
- David Shares = self share / addition of cumulative shares
Step 3. Calculation. and Step 4. Solution.
David's share = 0.4/3.6 = 11%
