Suppose nominal GDP in the base year was $380 million. 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 increased by $80 billion

Answers

Answer 1

Answer: increased by $20 billion

Explanation:

Real GDP is year of interest is:

= (Nominal GDP in year of interest/ GDP Price index in year of interest) * 100

= 480/120 * 100

= $400 billion

Nominal GDP is equal to Real GDP in base year so increase in real GDP is:

= 400 - 380

= $20 billion


Related Questions

Do you think selling to different market segments is the best way for a small business to respond to increased competition ? Justify your answer

Answers

Answer:

Since resources are limited and the products and services of a small firm are usually specialized, use of segmentation variables is more important for small firms than for large businessesExplain the difference between a multi-segment strategy and a single-segment strategy.

What written document gives public notice that a mortgaged property may soon have a judgment issued against it

Answers

Answer: lis pendens

Explanation:

true or false The interest rate that the Fed pays on reserves acts as a ceiling on the federal funds rate. Question 5 options:

Answers

Answer:i would say it is true

Which paraphrases correctly matches a specific type of loan with the broader category it best fits?

A. Cash advance - short- term loan
B. Mortgage - short -term loan
C. Line of credit - Long- term loan
D. Credit card - alternative financing

Answers

The paraphrase successfully suits a particular kind of mortgage with a broader class of cash advance-short-time period.

What is a short-time loan?

A quick time period mortgage is a kind of mortgage that is received to guide a transient non-public or commercial enterprise capital need.

As it's a kind of credit, it includes repaying the precept quantity with a hobby by a given due date, which is typically within a year of getting the mortgage.

Short-term loans are so named because of how quickly the mortgage must be paid off. In most cases, it should be paid off within six months to a year – at maximum, 18 months.

Any longer mortgage time period than this is taken into consideration as a medium time period or long time mortgage. Long-term loans can be completed for periods ranging from a few months to twenty-five years.

Some quick time period loans don’t specify a fee schedule or a particular due date. They truly enable the borrower to repay the mortgage at their own pace.

So, from the above statement, it's clear that choice A, Cash Advance-Short-Time Period Mortgage, is the appropriate choice.

Learn more about short-time loan, refer to:

https://brainly.com/question/18452621

Answer:it’s A

Explanation:

Did the test foo

In business terms, what does I.T. stand for?


A. Insurance Trading

B. Independent Theory

C. Item Trading

D. Information Technology

Answers

In business terms I.T. stands for information technology!

In organizations, the buying function involves gathering and screening information about products and services, prices, and suppliers, which are known as

Answers

Answer:

Vendors

Explanation:

Vendor is a common word to describe a person or organization that is given the duty to procure, buy, or deliver products or commodities and services usually at wholesale rates based on agreements. An organization may however have its internal vendor.

In this case, the buying function in a firm including gathering and screening information about products and services, prices, and suppliers, are known as VENDORS

An Investment Adviser Representative buys shares of ABC in his own personal account and then contacts his clients and advises them to buy ABC. This practice is known as

Answers

Answer:

Front running

Explanation:

In simple words, Front-running can be understood as the broker's selling in stock items or some other ongoing financial commodity that has insider information of a potential sale that is going to greatly impact its value. A broker might be front-running on the basis of insider information that his or her business is about to present customers with a buy or sell suggestion that would almost definitely impact an investment's price.

If protective import-restricting tariffs are imposed by a country, in the majority of cases that nation's consumers end up consuming more of the good than they otherwise would. paying a higher price for the good than they otherwise would. paying a lower price for the good than they otherwise would. having a higher standard of living than they otherwise would.

Answers

Answer:

If protective import-restricting tariffs are imposed by a country, in the majority of cases that nation's consumers end up

paying a higher price for the good than they otherwise would.

Explanation:

Import-restricting tariffs increase the cost of goods and services imported from other countries.  Governments have various reasons for making such impositions.  Some claim that the tariffs are imposed to protect local industries or to comply with local content requirements.  However, these restrictions hamper free trade.  They also distort the competitiveness of nations.

Half of brainly rn
...............

Answers

Answer:

it is one-fourth of the no whose half is taken

Answer:

brainliest please :)

Explanation:

Which of the following are open-ended questions?


What problems are you having on the job?

What further training do you think you need?

How do you plan to achieve your goals?

All of the above

Answers

Answer:

all of the above sorry if its wrong

what is sub overseers?​

Answers

Answer:

(Civil sub-overseer) is Pre diploma in civil engineering. The program is designed to prepare competent general civil sub-overseers equipped with knowledge, skills and attitude especially, in the area construction Engineering & Technology of building construction, water supply, irrigation and road and trail bridges sectors.

For many brands, the strategy of personal selling has been very helpful (e.g. Rogers, Laura etc.). Personal selling driven strategies are appropriate when

Answers

Answer:

Personal selling driven strategies are appropriate when:

The market is oligopsonistic in nature. That is, it is made up of just a handful of buyers within a particular geographical locationThere is a need for in-depth enlightenment by the clients The demand is very crucialThe product is complex thus requiring a lot of personalized explanation and or demonstration about how it worksService after the sale is a deal-breaker important

Explanation:

When a sales executive adopts a one-on-one approach to selling it is called personal selling. The success of failure of this approach depends heavily on the relational skills, knowledge of the product, and overall brand/appearance/demeanor/personality of the sales executive.

Cheers

PLEASE HELPPP 50 pts!

Your friend Jasmina is excited that you took personal finance this semester and comes to you for investing advice. She tells you: "I'm totally new to investing. I kind of know what a stock and bond are but I don't really know which specific ones to invest in. I remember playing the stock market game in school so I know the way to invest is to select individual stocks to put your money in! But, I don't know WHERE I go to actually start investing! When I started my job, our HR department told me that they offer a 401(k) plan and do a dollar-for-dollar match up to 3%...although I don't know what any of that actually means. I've also heard a lot of crazy stories in the news about individual stock prices just plummeting because of an unforeseen event, and I'm super worried that I'll lose my money. What should I do? Where do I start?"
In your response below, - Answer Jasmina's questions to make sure she gets the investing knowledge she's looking for - Clarify any misconceptions she has about investing - Identify what steps Jasmina can take to start investing. Make sure you explain why she should take these -steps and how they will set her up for success. - Identify steps she can take in the future once she's more comfortable with investing

what is Jasmina's Saving & Investing Plan: ​

Answers

Answer:

Her investing plan is saving up by finding a place to keep money you should probably worry on other things save up then spend if not you'll probably lose more money than needed find a place where they dont change much based on your money find a place where theres no scams you need to research to find a plan and a safe place.

Jasmina's saving & investing plan based on the available information we have, is to:

Find a trusted place where she can invest her money

According to the given question, we are asked to show the things which Jasmina is looking for as she hunts the best way to invest her money and get reasonable returns within a given time period.

As a result of this, we can see that some steps which she could take in order to be more comfortable when investing which are:

Doing her own personal researchUse a demo account Enable stop loss, etc

With this in mind, she would be less likely to fall into dubious schemes of people promising ridiculously high returns on investment that are really out to scam her and she would make a better informed decision.

Read more here:

https://brainly.com/question/25245946

2 Type the correct answer in the box. Spell all words correctly. Which law regulates online credit reporting in the United States? regulates online credit reporting in the US. ​

Answers

Answer:

The Fair Credit Reporting Act

Explanation:

The Fair Credit Reporting Act (FCRA) is the law that regulates online credit reporting in the United States. It was passed in 1970, and it helps in ensuring the privacy, fairness, and accuracy of the data in consumer credit bureau files. This law provides guidelines on the way credit bureaus can collect and share information on an individual customer.

The FCRA protects the rights of consumers to access their own credit reports.

Healthy Life HQ10, a Health and wellbeing company, has both a website and an app. What are three reasons the company should consider implementing measurement solutions that connect web and app

Answers

Answer:

Among a lot of reasons , the three main reason why Healthy life HQ10 should connect web and app are as follows :

1. The connection will further boost mobile ROI ultimately.

2. Such connection will help to close the Smartphone Conversions sequence.

3. Such connection will offer a smartphone app that is smooth.

________ firm engages in trade and marketing in different countries as an extension of the marketing strategy in its home country.

Answers

Answer:

Multinational firm

Explanation:

Multinational firm engages in trade and marketing in different countries as an extension of the marketing strategy in its home country. Its refers to a company which has headquarters in one country but operating in many countries. Multi-national firm owns several companies that stand in different countries. Adjustment to the culture in each country into which is a must in order to survive and succeed. By setting up production units in many other countries are expected to save the cost of production and distribution costs to get products into the hands of the end consumer.

Deb, a licensee, is unhappy with the marketing materials a local company produced. While having coffee with Irving, a licensee with another firm, she tells him about her troubles and recommends he not do business with this company. Irving agrees and even volunteers to spread the word among his colleagues. What's this an example of

Answers

Explanation:

What would be considered evidence of the agency relationship between broker and seller? The listing agent is informed by the seller that, when it rains, the basement gets wet. The agent says nothing to the buyer. ... The agent may be liable to the seller for breach of duty.

All are primary aspects of Western culture that author Margaret J. Wheatley believes are responsible for management except _____ .


competition

a mechanistic worldview

democratic principles

individualism

Answers

Answer:

a mechanistic worldview

Explanation:

According to Margaret J. Wheatley, the primary aspects of Western culture that are responsible for management are individualism, democratic principles, and competition.

Therefore, the oddity in the options given and the correct answer is B. a mechanistic worldview.

Mr. alvarez studied the soap products on the store shelf. he looked for products with a familiar logo. this is an example of which of the following? choose the answer.

corporate image
target marketing
marketing
brand image

Answers

Answer:

brand image

Explanation:

Answer: Brand Image

Explanation:

I took the test

New Ventures Enterprises Inc. Is considering a proposal to invest 600,000 in new Cell Telephone Product. Production equipment which will be depreciated on a straight-line basis with a 6-year life, and no salvage value. The projected

Answers

Answer:

Note: The full question is attached as picture below

                    New Ventures Enterprises Inc.

                               Income Statement

Sales                                                              $565,000

Cost of goods sold

Variable manufacturing cost   $100,000

Direct labor cost                       $150,000

Fixed manufacturing cost        $52,500

Total cost of goods sold                                $302,500

Gross Profit                                                     $262,500

Operating Expenses

Selling and administrative                              $74,000

Operating profit                                               $188,500

Income tax expenses at 15%                           $28,275

Net Income                                                       $160,225

The Federal Reserve carries out open-market operations, buying $2 million worth of Treasury Bills from banks. This action increased the money supply by $3 million. Assuming that the currency-deposit ratio for the U.S. economy is 1.20, determine what percent of deposits the banks hold as reserves.

Answers

Answer:

67%

Explanation:

Money supply = Money multiplier * Deposit worth

3 = Money multiplier * 2

Money multiplier = 3/2

Money multiplier = 1.5

Now, Money multiplier = 1 / Reserve ratio

1.5 = 1 / Reserve ratio

Reserve ratio = 1/1.5

Reserve ratio = 0.6667

Reserve ratio = 67%

So, the percent of deposits the banks hold as reserves is 67%

What is Rich Strozewski responsible for in his job? (Site 1)

Answers

Answer:

My job consists of controlling all day-to-day operations of the golf club, our alternative revenue outlets, and our personnel. Additionally, my responsibilities include all human resources decisions, P&L (profit and loss) development and execution, marketing, event sales and coordination, and capital improvement decision making.

Explanation:

Wait 5 minutes before submitting

The responsibilities of Rich Strozewski included:

Human resource decisions. Marketing. Event sales and coordination. Profit and loss development.

What does Rich Strozewski do at work?

Rich Strozewski has several duties that he needs to carry out in order to ensure the success of the company he works for.

He needs to be involved in human resource decisions and try to engage in profit and loss development activities such as marketing. He also coordinates events for the company.

Find out more on job responsibilities at https://brainly.com/question/20691149.

#SPJ2

To prevent problems, companies that enlist customers as co-producers must do all of the following except _____ .


rigorously train guest-contact employees

provide a well-designed system and setting that is easy for customers to negotiate

provide detailed instruction for guests when appropriate

create the right brand

Answers

Answer:

If I were to guess it would be D sorry if its wrong

Hello today January 1 happy new year​

Answers

Answer:

Happy New Year

Explanation:

what is marketing mix? explain 4 P's of marketing mix.​

Answers

Answer:

Definition: The marketing mix refers to the set of actions, or tactics, that a company uses to promote its brand or product in the market. The 4Ps make up a typical marketing mix - Price, Product, Promotion and Place.

Explanation:

Plz mark brainliest thanks

The marketing mix refers to the set of actions, or tactics, that a company uses to promote its brand or product in the market.

The four Ps of marketing are the key factors that are involved in the marketing of a good or service. They are the product, price, place, and promotion of a good or service.

Hope it helps!

Morse is a 50% partner in Ecco Partnership. Morse's tax basis in Ecco on January 2 was $4,000. Ecco did not have unrealized receivables, appreciated inventory, or properties that had been contributed by its partners. On December 31, Ecco made an $11,000 nonliquidating cash distribution to Morse. For the year, Ecco reported $10,000 of ordinary business income. What is the amount of the net capital gain realized by Morse from the cash distribution

Answers

Answer:

$2,000

Explanation:

Calculation for the amount of the net capital gain realized by Morse from the cash distribution

First step is to calculate the basis prior to the distribution

Basis prior to the distribution=[$4,000+(50%* $10,000)]

Basis prior to the distribution=$4,000+$5,000

Basis prior to the distribution=$9,000

Now let calculate net capital gain realized by Morse from the cash distribution

Net capital gain realized from cash distribution=($9,000-$11,000)

Net capital gain realized from cash distribution=$2,000

Therefore the amount of the net capital gain realized by Morse from the cash distribution will be $2,000

Why do we say that credit is basically a loan?

Answers

Technically no, a loan is when you borrow money, credit score shows of you pay your bills on time and all that

HELP ASAP PLS!!! Complete the following sentence.
A(n)____
is a schedule, outline, or summary of class topics and assignments.

Answers

A regimen with a schedule outline or summary of class topics and assignments

The contract provision that says the buyer accepts the property along with any covenants, restrictions, easements, and zoning laws is called what

Answers

Answer:

Subject to clause.

Explanation:

A contract can be defined as an agreement between two or more parties (group of people) which gives rise to a mutual legal obligation that is enforceable by law.

Mutual assent is a legal term which represents an agreement by both parties to a contract. When two parties to a contract both have an understanding of the parameters, terms and conditions surrounding a contract, it ultimately implies that they are in agreement; this is generally referred to as mutual assent.

In a nutshell, mutual assent connotes agreement, acceptance and consent to a contract by both parties.

Hence, the contract provision that says the buyer accepts the property along with any covenants, restrictions, easements, and zoning laws is called subject to clause.

Under a subject to clause, the buyer shall agree to the terms and conditions binding or set forth in the contract by the seller.

This ultimately implies that, there exist an agreement to sell and purchase by the two (2) parties (seller and buyer).

mads im back umm if you see this pls answer

Answers

Answer:

what question....??

Explanation:

Explanation:

binod :((((((((((:)))))))))):(((((((:))))))))):

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