3. choose one of the following:1) internet of things 2) blockchain 3) big data/analytics describe two real-world applications of your chosen technology. how does this technology enhance business competitiveness/profitability in the two applications?

Answers

Answer 1

3. I have chosen the Internet of Things (IoT) as the technology to discuss. The IoT refers to the network of interconnected physical devices that collect and exchange data. It has numerous real-world applications across various industries.

The Internet of Things (IoT) has revolutionized the way businesses operate by connecting devices and enabling them to communicate and share data. This technology has the potential to enhance business competitiveness and profitability through its wide range of applications.

1. Smart Manufacturing: IoT enables real-time monitoring and control of manufacturing processes. By connecting machines, sensors, and production lines, businesses can gather data on machine performance, energy consumption, and product quality. This data can be analyzed to optimize production efficiency, minimize downtime, and reduce maintenance costs. Improved productivity and quality ultimately enhance business competitiveness and profitability.

2. Supply Chain Optimization: IoT facilitates end-to-end visibility and tracking of goods throughout the supply chain. RFID tags and sensors can monitor product location, temperature, and condition during transportation and storage. This data enables businesses to streamline logistics, improve inventory management, and reduce losses due to theft or spoilage. By optimizing the supply chain, businesses can reduce costs, improve delivery times, and enhance customer satisfaction, leading to increased profitability.

The Internet of Things (IoT) has transformative potential in various industries. In the context of smart manufacturing, IoT enables real-time data analysis to enhance productivity and quality. In supply chain optimization, IoT provides end-to-end visibility, leading to improved logistics and inventory management.

By leveraging IoT, businesses can gain a competitive edge by improving operational efficiency, reducing costs, and delivering better products and services to customers. The ability to collect, analyze, and utilize data from interconnected devices empowers businesses to make informed decisions, drive innovation, and ultimately improve their profitability and market position.

Learn more about  Internet of Things visit:

https://brainly.com/question/3493484

#SPJ11


Related Questions

Sebastian (24) will use the single filing status. His only income during the year consisted of $20,000, which was his net profit from a lawn mowing business. What is sebastian's self-employment tax? $0 $766 $2,826 $3,060.

Answers

Throughout the year, his only source of income was the $20,000 operating profit he received from his yard service. The total of Sebastian's soul tax is $30,600 (30,000 + 600).

How would you define "business"?

When someone produces items or provides services with the intention of turning a profit, they are engaging in business. Enterprise Definition. A business is just a creative group or team that engages in commercial endeavors. They could be industrial, commercial, or something else entirely.

Briefing

Implicit Cost

Job Offer = 30,000 (highest is to be taken)

Withdrawal from own savings = 20,000

Interest on savings = 3%

Interest = 600

Total = 30,000 + 600 = 30,600

To know more about business visit:

https://brainly.com/question/15313577

#SPJ4

Unlike a printed product, online service information
can be instantaneously ___ by the provider.

Answers

Answer: bolt

Explanation:

Tickets to a fundraiser are $14 if purchased ahead of time and $25 if purchased at the door. The total amount raised from all ticket sales was $625. If eleven tickets were purchased at the door, how many tickets were purchased ahead of time?.

Answers

25 tickets

($14)(25)=$350
($25)(11)=$275
$350+$275= $625

On December 1, Tom's House of Dollhouses increased the price of all its dolls by 25%. In January, Tom is having a sale where all the dolls are priced 20% off the December prices. For any doll, is the January price higher than, lower than, or the same as the November price for that same doll

Answers

The January price for any doll at Tom's House of Dollhouses would be lower than the November price for that same doll.

This is because the dolls were initially increased by 25% in December, which raised their prices.

However, in January, a sale is being held where all dolls are priced 20% off the December prices. This discount brings the prices down from the increased December prices, making the January prices lower than the original November prices. Therefore, customers who purchase dolls in January can expect to pay less compared to the prices before the price increase in December.

Learn more about prices

brainly.com/question/14997249

#SPJ11

You decide to save $2,890 per year during the next 15 years in order to buy a very cool motorcycle. When you go to your Bank, they promise to extend a 8% rate. Assuming that the rate is fixed, How much money will you have in that account 15 years from now? Round your answer to the nearest two decimals if necessary. Do not type the $ symbol.

Answers

The future value of your savings after 15 years with an 8% fixed interest rate, After 15 years of saving 2,890 per year with an 8% fixed interest rate, you will have approximately 8,623.40 in your account.

you can use the formula for compound interest:


Future Value = Present Value * \((1 + Interest Rate)^{Number of Periods\) In this case, the Present Value is the amount you plan to save per year, which is 2,890. The Interest Rate is 8% or 0.08 (decimal form), and the Number of Periods is 15 years.

Using the formula, we can calculate the future value:

Future Value = 2,890 * \((1 + 0.08)^{15}.\)

Now let's solve the equation step by step:

1. Calculate the interest rate plus 1: 1 + 0.08 = 1.08
2. Raise 1.08 to the power of 15: \(1.08^{15\) ≈ 2.980246
3. Multiply the result by the annual savings amount:

2,890 * 2.980246 ≈ 8,623.40.

To know more about interest visit:

https://brainly.com/question/30393144

#SPJ11

As a manager, your decisions must always improve the function of an organization and contribute toward _____.

increased revenue
meeting the vision
meeting the goals
increased staff

Answers

Answer:

It's C.

Explanation:

It's definitely not meeting the vision(s) or increased staff so I narrowed it down to A and C, increased revenue and meeting the goals, saying them both in the sentence for the blank it flows and makes sense so you have to go by common-sense or knowledge so I have a good guess that it would be meeting the goals. Managers do sell stuff but rarely, and selling stuff is how you increase revenue. Trying to meet the goals is more of managers isle and from what I know of managers it wouldn't be meeting the vision in any postion.

Answer:

B. Meeting The Vision

Explanation:

I took the Instruction/Assignment and got it wrong, It's Meeting The Vision

As a manager, your decisions must always improve the function of an organization and contribute toward

True or False: The ending balance in your checkbook ledger is different from the bank statement when you have written checks that haven't yet been cashed.

Answers

Answer:

true

Explanation:

hope this helps!

University of the Southern Caribbean have been considering to construct two extension sites in other Caribbean Islands. After they reviewed and analysed several proposals, the options were narrowed down to two possible extension sites. The St. Lucia extension site is estimated to cost $950,000 with an expected cost of capital to be 10%. Grenada’s extension site is closer to Trinidad so the cost is anticipated to be $750,000 with a cost of capital of 12%. The anticipated net cash inflows for the next 6 years are projected below.
Years St. Lucia Extension Site Grenada Extension Site
1 230,000 230,000
2 228,000 280,000
3 278,000 295,000
4 283,000 180,000
5 273,000 200,000
6 280,000 150,000

Requirements:
1. USC would like the payback period to be by year 4 for the latest. Based on that, which investment would you recommend and if they both meet the criteria, rank them.
2. USC has $1,750,000 available for the projects. Use the NPV method for the basis of your recommendation.
3. Make an overall recommendation after reviewing both the payback and NPV methods.

Answers

Answer:

a. Payback period method works by finding out if the investment will payback its initial investment within a certain period.

Payback period is a maximum of 4, find out which investment paid back in 4 years:

St Lucia:

= Cash flows for first 4 years - initial investment

= 230,000 + 228,000 + 278,000 + 283,000 - 950,000

= $69,000

Payback period = Year before payback + (Amount left for payback / Cashflow in payback year)

= 3 + ( (950,000 - 230,000 + 228,000 + 278,000) / 283,000)

= 3.76 years

Granada:

Payback period = Year before payback + (Amount left for payback / Cashflow in payback year)

= 2 + ( ( 750,000 - 230,000 - 280,000) / 295,000)

= 2.81 years

Both of them meet criteria but Granada site has lower payback period of 2.81 years so should rank higher than St. Lucia site.

2. St Lucia NPV:

= (230,000 / (1 + 10%)) +  (228,000 / (1 + 10%)²) +  (278,000 / (1 + 10%)³) +  (283,000 / (1 + 10%)⁴)  +  (273,000 / (1 + 10%)⁵) +  (280,000 / (1 + 10%)⁶) - 950,000

= $177,243

Granada NPV:

= (230,000 / (1 + 12%)) +  (280,000 / (1 + 12%)²) +  (295,000 / (1 + 12%)³) +  (180,000 / (1 + 12%)⁴)  +  (200,000 / (1 + 12%)⁵) +  (150,000 / (1 + 12%)⁶) - 750,000

= $192,420

USC has enough money to fund both projects and so should embark on both of them as they both bring in a positive Net Present Value.

3. On the basis of both the Payback period and the NPV, the Granada site performs better than the St. Lucia so if USC does not have enough money for both projects, they should invest in the Granada project.

Arlington Company is constructing a building. Construction began on January 1 and was completed on December 31 of 2016. Total costs/expenditures were $4,800,000 on March 1, $3,000,000 on June 1, and $6,000,000 on December 31. Arlington Company borrowed $2,400,000 on January 1 on a 5-year, 12% note to specifically help finance construction of the building. In addition, the company had outstanding all year a 10%, 3-year, $4,800,000 note payable and an 11%, 4-year, $9,000,000 note payable. 1. What are the average accumulated expenditures

Answers

The information provided indicates that on January 1, Arlington Company took out a $2,400,000 loan on a 5-year, 12% note to expressly assist finance the building's development.  

The average accumulated expenditure is computed by adding all the expenditures and dividing by the number of months of construction that elapsed during the year. The construction started on January 1 and completed on December 31 of 2016; thus, twelve months of construction elapsed during the year.

Therefore, Total costs = $4,800,000 + $3,000,000 + $6,000,000= $13,800,000The average accumulated expenditure is computed by adding all the expenditures and dividing by the number of months of construction that elapsed during the year.  So, Average accumulated expenditure= Total costs / Number of months of construction Average accumulated expenditure = $13,800,000 / 12 = $1,150,000.

To Know more about expenditure

https://brainly.com/question/30063968

#SPJ11

Sung owns a plumbing supply store. One of his clients, Village Plumbers, has a charge account with his store. This month Village Plumbers charged 200 feet of pipe at $0.40 per foot, 150 elbow joints at $0.75 per elbow joint, and 36 outdoor faucets at $2.49 per faucet. Sung must charge 5.5% sales tax on all items sold? What is the balance on Village Plumbers’ charge account?

Answers

Answer:

$297.66

Explanation:

The total costs of the items would be

200 feet pipe :  200 x $0.40 = $80.00

150 elbow joints:  150 x $0.75 = $112.50

36 outdoor faucets: 36 x $2.49 =$ 89.64

Total cost          =$282.14

add 5.5% tax

=5.5/100 x $282.14         =$15.52

Total       $297.66

The balance on Village Plumbers’ charge account =$297.66

Carrie made an initial investment of $50,000.the final value of her investment was $55,500.what was the roi?

Answers

Answer:

sorry i am not good with this subject i want to help but i cant sorry

Explanation:

Jessica wants to get a credit card, but the bank is refusing to give her one. What could be the TWO possible reasons behind the bank’s refusal to comply with Jessica’s request?

she does not have an account with the bank
she has a bad credit history
she has a good credit history
she is 18 years old
she doesn’t have a job

Answers

Answer:

TWO POSSIBLE REASONS:

-she has a bad credit history

-she doesn't have a job

Explanation:

The bank should give her a credit card if:

-she is 18 years old

-has a good credit history

Also,

- having an account with the bank is not necessary and will not hinder the approval process of getting a credit card

The two possible reasons  behind the bank’s refusal to comply with Jessica’s request should be  she has a bad credit history  and she doesn't have a job.

The following information should be considered:

The bank should give her a credit card in the case when she should be 18 years old and also have the good credit history. Moreover, it is not necessary to have a bank account but also not hinder the approval process with regard to the credit card.  

Learn more: brainly.com/question/16911495

How long must $512 be invested at a rate of 7.5% to earn $303.52 in interest?

Answers

Answer:

8 years

Explanation:

The number of years that must be invested at a rate of 7.5% to earn $303.52 in interest is 8 years.

To calculate this, you can use the simple annual interest formula:

I = Prt (I = interest; P = present value; r = rate; t = time).

Substituting the given values, you get I = $303.52, P = $512, and r = 0.075 (7.5%).

Solving for t, you get: t = 8 years.

The Occupational Safety and Health Administration, OSHA, enforces employee protection regulations.
O False
O True

Answers

Answer:

True

Explanation:

OSHA does enforce regulations pertaining to the working conditions of employees. These regulations ensure the safety and security or their workers.

The Occupational Safety and Health Administration, OSHA, enforces employee protection regulations. The given statement is True.

The Occupational Safety and Health Act (OSH Act), which Congress passed in 1970, gave the Secretary of Labour the power to create federal standards to guarantee safe working conditions.

OSHA, which is responsible for establishing and enforcing protective workplace safety and health regulations, was established by the OSH Act. OSHA also offers information, instruction, protection, and support to both businesses and employees.

Thus, the mentioned above-given statement is true.

Learn more about employee protection here:

https://brainly.com/question/31863107

#SPJ6

A financial statement user would determine if a company was profitable or not during a specific period of time by reviewing the a.income statement b.statement of cash flows c.statement of stockholders' equity d.balance sheet

Answers

Answer:

Income statement

Explanation:

Which management function is also a financial responsibility? A. planning B. organizing C. staffing D. coordinating E. controlling

Answers

Answer:

b staffing is the answer

Answer:

....... C. Staffing

Explanation:

Click the picture to see the whole answer...the answer is Staffing

Which management function is also a financial responsibility? A. planning B. organizing C. staffing D.

The Big Hotel Brand has instituted a coaching program. What are the likely results?


The expenses for coaching will be higher than that of other types of training, but it is worth it.

Managers will find coaching too time consuming in the long run.

Productivity will be diminished because employees work less.

The hotel will develop a deep bench of talent.

Answers

Answer:

The expenses for coaching will be higher than that of other types of training, but it is worth it.The hotel will develop a deep bench of talent.

Explanation:

The essence of coaching is to develop and support individuals to maximize their potential. In coaching, an more competent and experienced person, the coach, offers instructions and guidance that helps the learner unlock their abilities.  

Coaching empowers individuals by developing their soft and interpersonal skills. It prepares them for bigger responsibilities in an organization. Coaching is costly in terms of budgets and the time-off that employees and managers require for the activities. However, the benefits of more competent and efficient employees outweigh the costs.  Coaching ensures a company has a readily available pool of talents to take up higher positions or fill any vacancies should they emerge.

a written job description typically includes themultiple choicetitle of the job.required educational experience.skills needed to perform the job.personal characteristics of the job candidate.

Answers

The job title, the tasks to be completed, the essential characteristics of the position, and the authority and obligations of the jobholder are common components of a job description.

A job description includes the following components: the title of the position, its purpose, its responsibilities, its duties, its desired and necessary qualities, and its working environment.

A job description is a document that lists the necessary skills, responsibilities, and qualifications to complete a certain activity. A thorough job description will explain how success is measured in the role so that it can be used in performance evaluations. It may include information about the official to whom the position reports, the qualifications or expertise necessary for the role, the tools, equipment, and work aids utilized, the working environment, the salary, and other factors.

To learn more about job description please click on below link

https://brainly.com/question/29802928

#SPJ4

Superb Ltd. Is a well diversified company engaged in development of real estate, tourism and
textiles. The company plans to raise a sum of Rs. 120 crores in order to finance its expansion plans. Presently, there is a conflict among its financial managers as to whether the company should float an issue of equity shares or debentures to raise the required amount of funds. Which of the two sources of funds will you suggest considering the fact that company has not raised much debt capital so far and why? Class 11

Answers

Answer:

Since the company's debt level is very low, then it should probably issue new debt. The advantage of issuing debt is that debt is always cheaper than equity. E.g. the company issues a bond with a 10% coupon rate and the corporate tax rate is 30%. The after tax cost of debt = 10% x (1 - 30%) = 7%.

Issuing bonds with a 10% coupon rate is not something impossible, and actually the interest rate is pretty high. Some companies issue bonds at 4 or 5%. But to raise new capital offering a return on equity of 7% or less is extremely odd and difficult. Generally, the cost of equity of normal corporations tends to be about twice as higher as the cost of debt.

Since the company's debt level is so low, it should almost certainly issue fresh debt. The benefit of issuing debt is that it is always less expensive than issuing equity. For example, suppose a corporation issues a bond with a 10% coupon rate and a 30% corporate tax rate.

About Sources of funds:

Issuing bonds with a ten percent coupon rate isn't difficult, and the interest rate is actually quite high.

Some businesses issue bonds with a 4% or 5% interest rate. However, raising additional capital with a return on equity of 7% or less is unusual and challenging.

In general, normal firms' cost of equity is about twice as high as their cost of debt.

For more information about Sources of funds refer to the link:

https://brainly.com/question/17082867

Determine the efficient market being discussed in each of the following situations.
1. PSE provided all the necessary informations needed by the traders both public and private in the price of stocks.
2. Ms. Kayecee is a regular trader of stocks in the market. Based on the data presented to her, stock prices reflected all past market trading and historical information only.
3. Under this theory, investors still cannot gain systematic profits even if they gather information that is not yet publicly known.
4. Mark, Michael and Marianne are activetly engaged in trading stocks. Based on the reflected stock prices information available include the product, management team, financial statement, competitors and industry.
5. One hundred traders attended the bidding for the newly offered shares. These traders had access on the past​

Answers

Answer:

1. Strong

2. Semi-strong

3. weak?

4. Strong

5. weak

Explanation:

Not sure about 3

Sales and operations planning requires teamwork between which departments?
A. marketing and sales
B. distribution and logistics
C. operations
D. finance
E. product development

Answers

Sales and operations planning requires teamwork between marketing and sales, distribution and logistics, operations, finance, and product development departments. Here all options are correct.

Sales and Marketing: This department is responsible for developing sales forecasts, and customer demand plans, and identifying market trends that impact the organization's supply chain operations.

Operations: This department is responsible for managing the production and inventory levels, scheduling production activities, and ensuring that the supply chain operations are aligned with the organization's overall business goals.

Finance: This department is responsible for providing financial analysis and forecasting, including budgeting, cash flow analysis, and profitability analysis.

Distribution and Logistics: This department is responsible for managing the transportation and distribution of products, ensuring that the right products are delivered to the right customers at the right time.

Product Development: This department is responsible for developing new products and improving existing ones. Their involvement in the S&OP process ensures that the organization's supply chain operations are aligned with its product development goals.

To learn more about product development

https://brainly.com/question/16529144

#SPJ4

Answer these question

Answer these question

Answers

1. 100 bushels and p1

2. 150

3. as bushels become that big, it gets harder and harder to transport them, messing with the price compared to just buying two separate 100 bushels.

Which would an economist consider a likely substitute for coffee?
a. water
b. tea
c. chicken
d. donuts

Answers

Tea and coffee are substitutes since they are both beverages that satisfy similar consumer needs.

Which would an economist consider a coffee replacement for?

Tea is an alternative to coffee, thus if the price of tea drops, people might drink more tea and less coffee. The quantities needed at each price will change as a result of a change in any one of the factors that are kept constant while creating a demand schedule.

Coffee and tea are interchangeable products. At least two products that the same consumers might use for the same purpose are considered replacement goods or substitutes. In the eyes of the consumer, substitute items are the same as, very similar to, or equivalent to another product.

To know more about substitutes, refer to:

https://brainly.com/question/30650899

#SPJ1

You need to have $30,000 for a down payment on a house 4 in years. If you can earn an annual interest rate of 4 percent, how much will you have to deposit today? Multiple Choice o $25,156.84 o $25,644.13 o $22,797.53 o $24,870.02 o $24,657.81

Answers

The correct answer is 24,657.81. This represents the amount you need to deposit today to have 30,000 in 4 years at an annual interest rate of 4%.

What is the present value of 30,000 to be received in 4 years, assuming an annual interest rate of 4%?

To calculate the present value of a future amount, we can use the formula:

Present Value =\(Future Value / (1 + Interest Rate)^n\)

Where:

Future Value = 30,000 (desired down payment)

Interest Rate = 4% (annual interest rate)

n = 4 years (time period)

Plugging in the values, we get:

Present Value = \(30,000 / (1 + 0.04)^4\)

Calculating this, we find:

Present Value ≈ 24,657.81

Learn more about annual interest rate

brainly.com/question/22336059

#SPJ11

In _____, the parties work closely together and find creative ways to expand the available resources or generate new value obtained through a negotiated agreement.

Answers

The term that best fits the description provided in your question is "collaboration".

Collaboration is a process where two or more parties work together towards a common goal, sharing knowledge, skills, and resources to achieve a mutual benefit. In a collaborative effort, each party brings something to the table, and together they find ways to enhance the available resources, generate new value, or solve a problem that would be too challenging to tackle alone.

Collaboration can be particularly effective when parties have complementary strengths or resources that can be leveraged to achieve greater results. By working together, parties can pool their resources, identify new opportunities, and come up with innovative solutions that are not possible when working in isolation.

The success of a collaborative effort depends on several factors, including effective communication, mutual trust and respect, and a willingness to compromise. Parties must be willing to listen to each other's ideas, be open to new perspectives, and be flexible in their approach. When done well, collaboration can lead to positive outcomes that benefit all parties involved.

Learn more about collaboration: https://brainly.com/question/30235523

#SPJ11

Why are sport and entertainment opportunities increasing?

Answers

Sport and entertainment opportunities increasing because of the fast growth of emerging markets, and rapid urbanization.

Sport is "a hobby involving physical exertion and ability in which a character or a team competes against every other or other for enjoyment". by the latter definition, hunting does now not qualify as a game because it no longer contains competition.

Video games and sports activities are very comparable: a game is a physical or mental pastime or contest that has regulations and that human beings do for pleasure. Recreation is a competition or recreation in which people do positive physical sports in keeping with a particular set of guidelines and compete against each other.

Learn more about Sport here: https://brainly.com/question/1744272

#SPJ1

the relationship between the excess return on the market portfolio (or an appropriate index used as a proxy) and the excess return on an individual asset is captured by the _____.

Answers

The Security characteristic line depicts the link between the excess return on the market portfolio (or a suitable proxy index) and the excess return on a specific asset.

The term "market portfolio" refers to a portfolio that includes the weighted total of each asset traded on the market, with weights assigned in accordance with their market presence and the essential presumption that these assets are endlessly divisible.

According to Richard Roll's criticism, this is only a theoretical idea because, in reality, a market portfolio for investment purposes would have to include every single asset that is currently available, including real estate, precious metals, stamp collections, jewelry, and anything else that has value because the theoretical market being discussed would be the global market.

Whether the items utilized for the market portfolio actually matter is a subject of some debate. It doesn't really matter, according to some authors.

Learn more about market portfolio here:

https://brainly.com/question/17165367

#SPJ4

The current toll for the use of a certain toll road is ​$. A study conducted by the state highway department determined​ that, with a toll of p​ dollars, q cars will use the road each​ day, where . Is demand elastic or inelastic at p​?

Answers

The price elasticity of demand (PED) for a toll road is 1 at a price of $2.25, indicating that demand is unit elastic. This means that a 1% increase in price will result in a 1% decrease in quantity demanded.

To determine whether demand is elastic or inelastic at p = 2.25, we need to calculate the price elasticity of demand (PED) using the formula

PED = (% change in quantity demanded) / (% change in price)

We know that q = 40,000 * 0.4 = 16,000 at p = $2.25.

Let's assume that the toll increases to $2.50. This represents a price increase of

(2.50 - 2.25) / 2.25 = 0.111 or 11.1%

Using the same formula, the corresponding change in quantity demanded is

(16,000 - q) / q = (16,000 - 14,400) / 14,400 = 0.111 or 11.1%

Now we can calculate the PED

PED = 0.111 / 0.111 = 1

Since the PED is equal to 1, demand is unit elastic at a toll of $2.25. This means that a 1% increase in price will result in a 1% decrease in quantity demanded.

To know more about demand elastic or inelastic:

https://brainly.com/question/28192591

#SPJ4

--The given question is incomplete, the complete question is given

"The current toll for the use of a certain toll road is $2.25. A study conducted by the state highway department determined that, with a toll of p dollars, cars will use the road each day, where q = 40,000 0.4 Is demand elastic or inelastic at p = 2.25?"--

Do you think percentage gains
would get more varied or less
varied if you added additional
mutual funds to your portfolio?

Answers

I think more varied if you added additional mutual funds you would have a more diverse portfolio.

in the base year, what can we say about real gdp and nominal gdp?

Answers

In the base year, we can say that nominal GDP and real GDP are equal, but in subsequent years, real GDP provides a better measure of economic performance by adjusting for inflation.

In the base year, the inflation rate is zero, which means that the nominal GDP and real GDP are equal. This is because the prices of goods and services in the base year are used to calculate both nominal and real GDP. Therefore, in the base year, we can say that nominal GDP and real GDP are equal.

However, in subsequent years, as prices change, there will be a difference between nominal GDP and real GDP. This difference is due to inflation, which causes the prices of goods and services to increase over time.

As a result, nominal GDP will tend to overstate economic growth, while real GDP will provide a more accurate measure of economic performance by adjusting for inflation.

To know more about GDP here

https://brainly.com/question/30737857

#SPJ4

Other Questions
To get the surface area of a cube or prism is to get the ____ of the areas of all faces. In a paged memory allocation scheme, a simple ____ has one entry for each page frame that shows its location and its free/busy status An is calculated by subtracting the firm's costs from its total revenues, O accounting profit; excluding opportunity cost O accounting profit; including opportunity cost O economic profit; excluding opportunity cost O opportunity cost: including economic profit Please help me with this question which action can both humans and flatworms do? responses communicate verbally communicate verbally form images from sensory signals form images from sensory signals see the shape of an approaching predator see the shape of an approaching predator smell fresh food The blood exits the heart with high pressure and velocity. Briefly explain what happens to blood velocity and pressure as it progresses through the circulatory system. pa help Naman po plssss can yall help me please I will mark you brainlist The final football game of the season is here and Tobias is ready for the game. He's energized and can barely sit still. He's excited and his heart is racing a million miles a minute. What part of the brain is responsible for Tobias's increased heart rate? What is the perspective that suggests that different levels of the environment simultaneously influence individuals decreased learning capacity in childhood has been linked to exposure to ____ during fetal life. You pour some juice from a short, wide glass into a tall, narrow glass. What happens to the volume of the juice? Explain your reasoning. Which statement best compares the amount of fossil fuels formed each year to the amount used each year? 6th grade math help me pleaseeee a customer bank balance is negative $7 the customer owes The Klumps have three children. Two of them are married and have started their own families. The third just graduated from college and moved to the city where he has his own apartment. The Klumps will now experience a situation sociologists refer to as _______. NO LINKS! NO PDF'S THAT DON'T WORK! Just an answer Graph the absolute value equation and list x and y intercepts. define a function getlength() that takes two parameters passed by reference. the function reads two integers from input as kilometers and meters in this order. the function does not return any value. ex: if the input is 25 800, then the output is: 25 kilometers and 800 meters Factor 6a - 12a - 5a + 10 by grouping.O (6a - 5)(a + 2)(6a - 5)(a - 2)(6a + 5)(a + 2)-O (6a + 5)(a 2)