Suppose nominal GDP in the base year was $380 billion. Five years later, nominal GDP was $480 billion and the GDP price index was 120. Over those five years, real GDP: Group of answer choices

Answers

Answer 1

Answer:

increased by $20 billion

Explanation:

Nominal GDP refer to as the current GDP of the county but real GDP refer to the current GDP after adjustment of Inflation. Now, in absence of inflation rate. Nominal GDP = Real GDP

Real GDP = $480 billion / 120 *100

Real GDP = $400 billion

So, real GDP increase by $20 billion (400 billion - 380 billion)


Related Questions

Pam Cruise, the engineering manager, receives a daily progress report from all engineers she manages. She also visits the cubicles of the engineers several times a day to ensure that they are working and NOT just browsing the web. Most of the engineers agree that she is a micromanager. What kind of management theory is she applying

Answers

Answer:

Theory X

Explanation:

Theory X and Y in management were developed by McGregor. The basic premises of theory X are that workers do not necessarily like their work, they only for money, and unless you supervise them appropriately, they will not work well. It poses a negative view of employees and requires strict supervision.

Suppose you worked in the government. A company wants to set up a factory in your country. It would bring jobs, but it would also bring about pollution, which would lead to acid rain. Would you allow it?​

Answers

no, i personally wouldn’t because it would harm the environment and society more than help :)

The economy is in the horizontal portion of the AS curve, there is a liquidity trap, and investment spending is sensitive to changes in the interest rate. According to the Keynesian transmission mechanism, if the money supply increases the interest rate __________, investment spending __________, the AD curve __________ and the price level __________. Question 8 options:

Answers

Answer:

does not change; does not change; does not change; does not change;

Explanation:

According to the Keynesian transmission mechanism, if the money supply increases the interest rate does not change, investment spending does not change, the AD curve does not change and the price level does not change.

Keynesian maintain that transmission mechanisms are indirect. That is, changes in the money supply affect aggregate demand via changes in interest rates or exchange rates.

A social media application would most likely do which of the following? (6 points)

Allow users to watch popular movies and TV shows
Connect users with social and business contacts
Confirm users' travel plans
Teach users a new language

Answers

Answer:

B: Connect users with social and business.

Explanation:

This is one of the primary uses of Social Media. It is to help contact people you know, whether it be your boss from work, or a distant relative. Social Media helps you contact anyone from anywhere around the globe.

A social media app would almost certainly connect users with social and professional contacts. Option B is correct.

What is social media?

Social media are defined as interactive technologies that help the creation and transmission of message, interests, thoughts, and other forms of look with the help of virtual communities and networks.

Users would just about surely be connected with social and professional contacts via a social media app.

Therefore, option B correct.

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what is insurance? please help

Answers

Answer:

insurance is kinda a type of company that will pay for basic needs. Like you can get car insurance in case you crash your car or need it fixed. Homeowners insurance which helps if your home needs to be fixed. Doctors insurance so you don't have to pay. I hope that helps.

Organizational commitment refers to all of the following except _____ .


a desire to move up the corporate ladder as quickly as possible

a willingness to work together to attain the organization's goals

a strong intention to stay in the organization

loyalty to the organization and devotion to duty

Answers

Answer:

a desire to move up the corporate ladder as quickly as possible

Explanation:

Organizational commitment is the term that describes an individual's psychological attachment to an organization that employs them. Organizational commitment is crucial in determining an employee's passion at work and how long they are willing to work for the company.

Employers seek to determine the level of organizational commitment in order to predict employee satisfaction rate and other similar employee-related attributes.

Determining the payment options to be offered to a business's customers is which function?

Answers

Answer:

Pricing

Explanation:

The bank collected $1,500 for the company from the company's client. On a bank reconciliation, this would be shown as a(n)
A. increase in the ledger cash account balance (book balance)
B. decrease in the bank account balance
C. decrease in the ledger cash account balance (book balance)
D. increase in the bank account balance

Answers

Answer:

A. increase in the ledger cash account balance (book balance)

Explanation:

The bank collected $1500 from the customer on behalf of the company. The amount was posted to the customer's account, increasing the company's bank balance by $1500. When the bank generates the customer's statement, the collected amount will reflect in the customer statement increasing it by $1500.

To reconcile the customer bank statements, and the customer's ledger, the amount of $1500 will have to be added to the customer's cash balance.

Maureen's company sells first-aid kits for use in everyday situations. Because kits come in many sizes, with many features, and at many price points, Maureen finds it difficult to differentiate her company's offerings from those of other vendors. Worse, potential customers may find it hard to compare search results for her products and prices with those of other vendors. How can Shopping ads address these concerns

Answers

Answer:

In simple words, the shopping ads will be the best solution for Maureen to address this concern. Her Shopping advertisements would only display a picture, value, description, store name, as well as product information. At a moment, clients will know how their kits suit their requirements and spending.

Thus, the shopping ads can easily solve her major hurdle of separate recognition.

Pumpkin Inc. sold $500 in pumpkins to a customer on account on January 1. On January 11 Pumpkin collected the cash from that customer. What is the impact on Pumpkin's accounting equation from the collection of cash?

Answers

Answer:

i got it right it 900

Explanation:

Briefly describe a sensible equipment maintenance checklist appropriate for a travel booking agency with about four computers that are used to go online and make flight and hotel reservations and use dedicated calendar, appointment, and customer database software. Include in your description at least three discrete programs, systems, procedures, or operations that would go on this checklist. For at least one of the items on the list, describe in detail how you would actually use that procedure in practice, including how often the procedure should be performed

Answers

Answer:

Checklists are clear

Explanation:

checklist:-

Checklist is the simplest method for systematizing scoping of the likely effects of a proposed policy. They help point out areas that require a more detailed assessment. This way, checklists can help to organize the assessment and identify the most important issues.

Steps to create

Step 1: Do a “brain dump”

Step 2: Organize and prioritize tasks.

Step 3: Put them on your to-do list.

Step 4: Check off each item as you complete it.

Step 5: Continue adding items as they come up.

Productivity is a relative measure, and must be compared to something else meaningful to be effective. What are the three ways of measuring productivity

Answers

Answer:

past performance, overall goal, other's performance.

Explanation:

Productivity can be measured to three main things, past performance, overall goal, others performance. Each of these are effective and meaninful factors to compare productivity to. They allow you to determine if productivity is increasing, decreasing, or if it could be better. If other individuals perfomance is better than yours and they are similar to you in every other factor then that means that your productivity can and should be better than what it currently is. Therefore, each one of these comparisons provide useful and valuable data.

Lana applies for a firefighter’s job with Metro City, which responds with a letter setting an appointment for a medical exam. The letter also states that it is "an employment offer conditioned on the applicant passing the exam." This letter is​

Answers

Answer: a unilateral contract that Lana can accept by passing the exam.

Explanation:

A unilateral contract is a form of contract agreement whereby the offeror promises to do a particular thing or pay a certain amount after a specified action has occured.

In this scenario, Metro City would only give an employment offer to Lana if she passes her exam. This is a unilateral contract that Lana can accept by passing the exam.

The petty cash fund is a a.special equity fund. b.special expense fund. c.special cash fund. d.special revenue fund.

Answers

Answer:

c.special cash fund

Explanation:

The petty cash fund is a special cash fund in which the small amount of the cash kept on hand for paying out the minor expenses like office supplies, etc

So as per the given situation, the petty cash fund is the special cash fund

Therefore the option c is correct

And, the rest of the options are incorrect

A. Avoid extra payroll expenses.
B. Get the best rates on advertising.
C. Change the product you provide.
D. Use resources wisely.
E. Beat the competition.
F. Get the best rates on supplier purchases.
G. Eliminate some free services,
H. Increase worker efficiency,
1. A shop that sells fine glassware offers gift wrapping at no extra cost.
Rationale:

Answers

Answer:

A. Avoid extra payroll expenses.

Explanation:

i hope it helps :)

An expense is referred to as the outflow of the cash or the assets of the company or the firm. Basically, an expense is incurred when the company faces a shortage of assets or the company owns any of the liability.

The correct option is A. Avoid extra payroll expenses.

A shop that sells fine glassware offers gift wrapping at no extra cost avoids the payroll expenses. Payroll expenses are the expenses that are termed as the expenses that are regarding the wages and the compensation of the holidays and the sick pay. These all expenses are accrued at the closing dates.

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Globus tours started in 1928 with one man rowing tourists in a boat on a lake in Switzerland. By 2003, the company had thirty-two offices around the world and about five thousand employees. All of the contingency factors below would have necessitated a change in organizational structure except _____ .


size

technology

strategy

all of the above

Answers

Answer:

all of the above

Explanation:

There are five main factors that influence the structure of an organization. They include size, strategy, environment, technology, and life cycle.

In 1928, Globus tours required a simple structure because it was a small business by then. As a business grows, it requires more people to be employed and new branches to open. An increase in size necessitates changes in structure. Between 1928 and now, technology has changed a lot, which has required Globous tours to change its structure.

A $72 NSF check was returned from Mr. Smith, a company client. On a bank reconciliation, this would be shows as a(n)
A. increase in the ledger cash account balance (book balance)
B. decrease in the ledger cash account balance (book balance)
C,increase in the bank account balance
D. decrease in the bank account balance

Answers

B for sure I hope this helps yuh

A crisis management team does all of the following except _____ .


instruct employees and customers

oversee the situation before, during, and after it occurs

handle all service failures

coordinate communications

Answers

Answer:

Handle all service failures

Explanation:

A crisis management team is a team or group of responsible individuals mandated to keep an organization running in crisis times. The team identifies situations that could affect the organization and develops a comprehensive plan of dealing with these events.

In times of a crisis, the crisis management team

Develops a communication channel that keeps employees, customers, and the media updated. Creates and implements a plan to protects a company's assets that ensures company survival. Take measures to ensure the health and safety of all employees Provides mechanisms for employees to work remotely.

In what order do managers typically perform the managerial function?

Answers

Answer and Explanation:

As we know that the managerial functions are as follows:

1. Planning

2. Organizing

3. Leading

4. controlling

In this way it should be perfomed by the managers so that the company goals and objectives should be accomplished within the prescribed time and if there is any discrepancy so it would be corrected before time

The conversion factor (CF) is a national dollar amount that is applied to all services paid on the basis of the ____________________.

Answers

the Medicare Fee Schedule

The conversion factor (CF) is a national dollar amount that is applied to all services paid on the basis of the Medicare fees.

What is conversion factor?

The  conversion factor which is basically  a mathematical ratio that expresses the relationship between two different units of measurement for the same quantity.

It is used to convert one unit of measurement to another equivalent unit of measurement. For example, the conversion factor between inches and centimeters is 2.54, meaning that 1 inch is equivalent to 2.54 centimeters.

Conversion factors are often used in scientific and engineering calculations, where measurements are expressed in different units.

On the basis of the Medicare fees, the conversion factor (CF) which is a national dollar amount  is applied.

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An outward shift in the production possibilities curve of an economy can be caused by an increase in A. unemployment B. the labor force C. inflation

Answers

Answer:

B

Explanation:

The Production possibilities frontiers is a curve that shows the various combination of two goods a company can produce when all its resources are fully utilised.

An outward shift of the PPF is as a result of either technological progress or an increase in the labour force.

The assessed value for your buyer clients' new purchase is $209,000. They feel they got a great deal since they're purchasing the property for $175,000. They've asked you to estimate their monthly property taxes. You know the rate for their jurisdiction is .52%. What is the monthly tax amount your clients owe

Answers

Answer:

Monthly tax amount = $90.57 (Approx)

Explanation:

Given:

Purchase value = $209,000

Rate = 0.52%

Find:

Monthly tax amount

Computation:

Monthly tax amount = ($209,000 x 0.52%)/12

Monthly tax amount = 1,086.80/12

Monthly tax amount = $90.57 (Approx)

Identify the correct statement regarding an employee assistance program. Multiple Choice It involves hiring an arbitrator from outside the organization to hear cases or disputes among employees. It involves taking the help of a neutral party though a nonbinding process to solve issues among employees. It is a system that supervisors can use to refer their employees for professional treatment when necessary. It is a company-sponsored program to help employees manage the transition from one job to another. It cannot be recommended by union representatives.

Answers

Answer:

It is a system that supervisors can use to refer their employees for professional treatment when necessary.

Explanation:

The employee assistance program is the program that helps the employee to received the benefits for assist the manager to solve out the personal problems that occurs at the time of performing a job that directly impact your job performance in terms of health, mental, emotional behavior

Therefore the above represent the answer

It has been a great year at Capital Funding, Inc., an SEC-registered broker-dealer that is also registered in 22 states. The company decides to share its good fortune with employees by paying a year-end bonus equal to 31% of annual salary. In order for clerical personnel to receive this bonus: A) they must be licensed as agents. B) the bonus must be sales related. C) they must be licensed as investment adviser representatives. D) they must be employees of the broker-dealer.

Answers

Answer:

Option D would be the appropriate alternative.

Explanation:

A broker dealer would be a company or organization engaged throughout the purchase as well as the sale of securities within its multiple occasions or even on behalf of the participants. Brokerage serves as an intermediary whenever it implements order information on behalf of the shareholders while acting mostly as a dealer or superintendent whenever it exchanges on one's consideration.

Other choices available aren't connected to that same scenario in the statement. So the answer here is just the perfect one.

_____________ is when a product is included inside a TV show or movie. A. Product placement B. A commercial C. Promotion D. Institutional advertising Please select the best answer from the choices provided A B C D

Answers

Answer: A. Product placement

For example, when a character drinks a brand of soda, then this is a product placement. Ideally it should be subtle but sometimes it's very obvious.

Comments allow you to make suggestions without changing the contents of a document.

T or F

Answers

True gdjjtsjtdntdnvxngdjts

The Myers-Briggs Type Indicator (MBTI) was developed in 1943 and is based on the theories of the famous psychologist Carl Jung.


True

False

Answers

Answer:

False.

Explanation:

This is false, 1962  is the real date.

The MBTI instrument was first published in 1962.

I NEED HELP FAST!!
Peter is assisting with a report that will forecast sales for the next year. He has been asked
to collate sales data for the previous five years in different seasons. He understands that
will help account for seasonal trends. What kind of sales forecast report is Peter working
on?
n
Peter is working on a
report to forecast sales.
Delphi method
time series analysis
sales force estimation
sales forecasting
It is not the last one. I already tried it.

Answers

Answer:

Time Series Analysis

Explanation:

Time Series Analysis is the process of forecasting sales through the means of looking at a certain range of time from the past.

Delphi method is the use of public opinion to form data and Sales force estimation is for future sales and not past ones.

To qualify for unemployment a person must:
be willing to accept an offer of work.
have been employed during the last 12-17 months.
be able to work.
All of these choices are correct.

Answers

Answer:

be willing to accept an offer of work

Explanation:

An adult individual is classified as unemployed if they are jobless but are actively looking for work.  Active means they have searched for employment in the past four weeks. An individual without work and is not looking for a job or has given up hope of being employed is not considered unemployed.

The unemployed persons, together with the employed ones, form the labor force in the economy.

What are five questions you should ask yourself to help you determine the type of health care coverage that is most important to you?

Answers

Cheap

Effective

Fast

Options

Safe

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