Real GDP in 2015 is $100b and real GDP in 2016 is $110b. In 2016, nominal GDP grows by 3%. What can you say about inflation rate?
a. Not enough information to say anything
b. Inflation is -7%
c. Inflation is constant
d. Inflation is 13%
e. Inflation is 10%
Answers
The correct answer is (b) Inflation is -7%. To determine the inflation rate, we need to calculate the change in the price level from one year to another. We can do this by using the formula: Inflation rate = ((Nominal GDP / Real GDP) - 1) x 100
First, we need to find the nominal GDP in 2016. Since we know that nominal GDP grew by 3%, we can calculate it by adding 3% to the 2015 nominal GDP:
Nominal GDP in 2016 = $100b + 3% x $100b = $103b
Next, we can calculate the inflation rate using the above formula:
Inflation rate = (($103b / $110b) - 1) x 100 = -6.36%
Therefore, the correct answer is (b) Inflation is -7%. The negative sign indicates that there was deflation (a decrease in the general price level) from 2015 to 2016. This means that the increase in the nominal GDP was due to an increase in the quantity of goods and services produced, rather than an increase in prices.
It is worth noting that this result contradicts the intuitive notion that a positive nominal GDP growth rate implies positive inflation. This is because inflation reflects the change in the price level, while nominal GDP reflects both the change in prices and the change in output. In this case, the increase in output was larger than the increase in prices, leading to deflation despite positive nominal GDP growth.
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Related Questions
Transaction Processing Systems (TPS) can make decisions using predetermined rules and processes. This is an example of a(n) _________ decision of a(n) ____________ control.
Answers
TPS can make decisions based on pre-defined rules and processes. This is an example of an operational control's structured decision.
What is Transaction Processing Systems?Transaction processing system is also denoted as TPS. It is a method of computing that breaks down work into discrete, indivisible activities known as transactions.
A transaction processing system is a software or may be hardware combination that facilitates transaction processing.
Therefore, the TPS is an example of a structured decision of an operational control.
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If a company is going to export goods to a foreign market, the production process traditionally has been handled through:
fourth-party operations.
third-party operations.
domestic operations.
home-country operations.
domestic operations
Answers
If a company is going to export goods to a foreign market, the production process traditionally has been handled through domestic operations. Domestic operations refer to the manufacturing of goods, service delivery, and customer service activities that take place within a company's home country.
It can be performed in-house or by a third-party provider. For instance, a company that produces a product in the United States and then ships it to foreign markets is performing domestic operations because the product was manufactured in its home country.
Exporting a product is one example of how domestic operations can help a company expand its business beyond its home country.Exporting goods to a foreign market is not restricted to domestic operations, but it can also be performed by third-party operators.
Nevertheless, it is not a customary practice to have fourth-party operations involved in the manufacturing of goods because it may be difficult to monitor the quality of the goods being produced by the fourth-party.
Hence, home-country operations (domestic operations) are the most usual and viable option when exporting goods to a foreign market.
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nal Accounts Section Sales Cost of sales Rent income Interest on fixed deposit Directors' fees Salaries and wages Bad debts Audit fees Bank (ts) Advertising Consumable stores A. Sundry expenses Ordinary share dividends ADJUSTMENTS AND ADDITIONAL INFORMATION: 750 000 15 450 000 1 230 000 1315 150 24 000 147 600 975 000 80 800 560 000 368 20 Selling prices are determined by using a mark-up of 40% on cost Note: Trade discounts of R130 000 were allowed to special customers the financial year. in me paffo Sales. How are sales calculated
Answers
The overall sales for the fiscal year are 21,500,000, according to the information provided.
What is the fiscal year?A fiscal year is a 12-month period used by businesses and governments for financial reporting and budgeting purposes. It does not necessarily coincide with the calendar year and can start on any date. The fiscal year is used to report financial results and tax obligations to the government, and it is important to follow it accurately to ensure that all financial reporting is consistent and accurate.
Based on the information provided, the total sales can be calculated as follows:
The total cost of sales = 15,450,000
Markup on cost = 40%
Total markup = 40% of 15,450,000
= 6,180,000
The total cost of goods sold (COGS) = Total cost of sales + Total markup
= 15,450,000 + 6,180,000
= 21,630,000
To calculate the total sales, we need to subtract any discounts given to customers from the COGS:
Total sales = Total cost of goods sold - Trade discounts
= 21,630,000 - 130,000
= 21,500,000
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Analysis of Mueller Company's accounts show that as a result of a single transaction, both cash and notes payable increased by $10,000. Which transactions would have caused this increase?
Answers
Answer: borrowing cash and signing a promissory note.
Explanation:
Analysis of Mueller Company's accounts show that as a result of a single transaction, both cash and notes payable increased by $10,000.
The transactions that would have caused this increase are borrowing of cash and signing a promissory note. It should be noted that since the cash and notes payable increased by $10,000, it simply means that the company has borrowed funds.
Tell me 3 characteristics of money?
Answers
1.) durability
2.) acceptability
3.) scarcity
4.) portability
5.)divisibility
6.)uniformity
choose any three u want! :)
Characteristics of Money.
Answer:
(a) Divisibility
(b) Limited supply
(c) Durability
More:
(d) Portability
(e) Acceptability
(f) Uniformity
These are the characteristics of money.
Hope it helps!!Please mark me as the brainliest!!!Thanks!!!!❤❤
One major reason businesses seek investment is to:
A. increase the opportunity cost of making new products.
B. boost their productivity by improving their inputs.
C. give them the ability to ignore production possibilities curves.
D. reduce their need for consistent financial growth.
Answers
One major reason businesses seek investment is to boost their productivity by improving their inputs. Option B is correct.
What is Investment?A purchase made with the intention of creating income or capital growth is known as an investment. An asset's value increasing over time is referred to as appreciation. When a person invests in a good, they do not intend to utilize it as a source of immediate consumption, but rather as a tool for future wealth creation.
An investment always involves the expenditure of some resource today time, effort, money, or an asset—in the anticipation of a future return greater than the initial investment.
For instance, an investor might buy a financial asset right away with the hope that it would provide income later on or that it can be sold for a profit at a higher price.
Thus businesses seek investment is to boost their productivity by improving their inputs in order to maximize wealth of owners of the business.
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The amount of money that you are able to charge to a credit card. If you exceed this limit, your purchase may not go through and you could be penalized.
Answers
Answer:
isnt that called your credit limit?
Explanation:
You invest $5,000 (PV) for 20 years (n) at an interest rate of 8% (r). What is the amount you would receive at
the end of 20 years (FV)?
Answers
Answer:
sweet
Explanation:
A sales associate relies on a(n) ________ to confirm any special packaging and promotions related to a purchase.
Answers
Based on marketing strategies, a sales associate relies on a(n) UPC tag to confirm any special packaging and promotions related to a purchase.
A UPC tag is a Universal Product Code tag that specifies the item's producer, a description of the item, information about special packaging, and special promotions.
A Universal Product Code is often referred to as a bar code. And it usually comes in 12 or 13 digits.
UPC tag is generally used for tracking trade items in the market.
Hence, in this case, it is concluded that the correct answer is UPC Tag.
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An Indian importing company’s primary source of legumes is
Canada, but it also maintains a secondary supplier in Australia.
The Canadian legumes are higher quality and a little bit pricier
than the
Answers
An Indian importing company primarily sources legumes from Canada due to their higher quality, even though they are slightly more expensive. However, the company also maintains a secondary supplier in Australia.
The Indian importing company's decision to primarily source legumes from Canada indicates that quality is a crucial factor for their business. Despite the slightly higher price, the company values the superior quality of the Canadian legumes. This suggests that the company prioritizes providing high-quality products to its customers, which can contribute to customer satisfaction and loyalty.
Additionally, maintaining a secondary supplier in Australia provides the Indian importing company with a backup option and helps mitigate supply chain risks. By having an alternative source, the company can ensure a steady supply of legumes, even if there are any disruptions or issues with the Canadian supplier. This approach demonstrates the company's proactive approach to managing supply chain uncertainties and maintaining a reliable source of legumes for their customers.
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Which of the following would the social security tax pay for? a health insurance b pensions for the elderly and disabled that qualified c vacations d education
Answers
A country has a trade deficit of $20 billion with its trading partners (
year. Which change would cause the country to have a trade surplus the
following year, assuming everything else remains the same?
A. The country increases its exports by $30 billion.
B. The country increases its imports by $30 billion.
C. The country decreases its exports by $10 billion.
D. The country decreases its imports by $10 billion.
Answers
D) The nation reduces its exports by $30 billion, the change would result in a trade deficit the following year for the country that had a trade surplus of $20 billion in one year.
When imports rise faster than exports, a trade deficit occurs. If the country increases its exports by $30 billion, decreases its imports by $10 billion, or increases its imports by $10 billion, it cannot have a trade deficit.
As a result, the country will only experience a trade deficit if its exports decrease by $30 billion while the rest of its exports remain unchanged.
With an example, what is a trade deficit?A country has a trade deficit when its imports exceed its exports over a given time period. A negative balance of trade (BOT) is another name for this situation. There are several ways to determine the balance, including: goods (also called " merchandise”), goods and services, and services and goods.
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Full Question = A country has a trade surplus of $20 billion with its trading partners over a
year. Which change would cause the country to have a trade deficit the
following year, assuming everything else remains the same?
A. The country increases its exports by $30 billion.
B. The country decreases its imports by $10 billion.
O C. The country increases its imports by $10 billion.
O D. The country decreases its exports by $30 billion.
which one of the following best describes the project network with the longest tasks?
a. it is the sequence of activities between a project’s start and finish that has the maximum amount of slack
b. it is the sequence of activities that has the smallest normal activity cost
c. it is the set of activities that has the smallest total number of predecessors
d. it is the sequence of activities between a project’s start and finish that takes the longest time to complete.
Answers
The answer to the question is option D, which states that the project network with the longest tasks is the sequence of activities between a project’s start and finish that takes the longest time to complete.
This means that the tasks in this sequence have the highest duration and cannot be completed in a shorter time frame. it is important to note that identifying the project network with the longest tasks is crucial for project planning and scheduling. This information helps project managers to allocate resources effectively, prioritize tasks and manage project risks. Option A talks about the maximum amount of slack, which is not necessarily the same as the longest tasks. Option B talks about the smallest normal activity cost, which is not related to the duration of tasks. Option C mentions the smallest total number of predecessors, which does not indicate the length of tasks. Therefore, option D is the most appropriate answer.
Understanding the project network with the longest tasks is essential for efficient project management, and option D provides the correct definition of this network.
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20 - year annuity pays 100 every other year, with additional monthly payments of 5. The first payment of 100 is due immediately while the first payment of 5 is due one month after. The effective annual interest is 6%. (draw time diagram)
Answers
To answer this question, you will need to create a time diagram to illustrate the annuity payments. The diagram should include the following:
The start date of the annuity
The amount of each payment (100 every other year and 5 monthly)
The total amount paid over the 20-year period
The effective annual interest rate of 6%
To calculate the total amount paid over the 20-year period, use the present value of an annuity formula. This formula takes the following variables into consideration:
The periodic payment amount
The number of payments
The annual interest rate
You can use an online annuity calculator to help you calculate the total amount paid. Once you have the total amount paid, you can then create your time diagram with all of the above information.
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Founder of Freestyle Audio, Lance Fried, had a friend who dropped an iPod in a cooler and rendered it useless. Lance thought he saw a potential opportunity, so he researched the mp3 player market and realized there was not a waterproof player. Based on this research, Lance Fried realized surfers could not listen to music while surfing. Realizing the potential of this target market, Lance began working on a waterproof MP3 player and completed a lightweight prototype. Lance has completed the first four of the nine steps involved in the marketing process. This exercise focuses on the last five steps in the marketing process. The Marketing Process includes: Finding opportunities, conducting research, identifying a target market, designing a product, product testing, determining a brand name, designing a package, setting a price, selecting a distribution system, designing a promotional campaign, and building relationships with customers. Managing the controllable parts of this process means (a) designing a want-satisfying product, (b) setting a price for the product, (c) putting the product in a place where people will buy it, and (d) promoting the product. These four factors are called the Marketing Mix because businesses blend them together in a well-designed marketing program
Answers
The phrase "These four factors are called the Marketing Mix because businesses blend them together in a well-designed marketing program" uses the figurative language "blending together" in this passage. This comparison of the four factors is made using the metaphor of blending ingredients for a recipe.
Product, price, place, and promotion make up the marketing mix also referred to as the four P of marketing. These four variables are under the control of the business and can be used to sway target market perception and purchasing behavior.
Businesses can develop a successful marketing strategy by designing a product that meets customer needs, pricing it appropriately making it available where it is needed, and effectively promoting it.
Businesses must carefully combine these four components to develop a successful marketing strategy because the marketing mix is a critical component of a well-designed marketing program.
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what is financial accounting??
Any one help me
Answers
Answer:
Financial accounting is a particular type of accounting that includes a method of documenting, summarising, and reporting the transactions arising from business operations for a period of time.
Financial accounting reflects the accounting on "accrual basis" over the accounting on "cash basis
The economic problem whereby an exchange partner with private information about resource quality is more likely to offer lower quality resources in the exchange relationship is called:______.
Answers
The economic problem whereby an exchange partner with private information about resource quality is more likely to offer lower quality resources in the exchange relationship is called symmetric information.
When one party to an economic transaction has more or better information than the other and uses it to their advantage, this is referred to as asymmetric information. This leads to market failures, such as adverse selection and the so-called lemons dilemma. According to the lemon theory.
In the used car market, the seller has more information about the true value of the vehicle than the buyer. As a result, even if the car is of premium quality, the buyer is unwilling to pay more than the average price. In insurance, symmetric information refers to a market condition in which one side in a transaction lacks sufficient information about the other party, resulting in market failure.
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How much will we end up buying?
Answers
Somebody help I'll give 30 points
Answers
Answer:
1. Salesforce helps their people feel good by giving back to the community. They also offer great challenges and rewards, and have open communication culture.
2. Cisco offers good benefits that focus on family and enabling people to combine parenthood with their jobs. It’s also a great place to learn and develop professionally.
3. Admiral allows people to give back to the community through charity. They have built a strong sense of belonging and believe in the importance of having fun so people bring their best to work.
Explanation:
Answer:
Happy meal wih a mcdoobale
Explanation:
What does a company do during the post-IPO stage?
a)uses proceeds to expand
b)sells stock to the public
c)files paperwork with the government
d)seeks financing from an angel investor
Answers
Answer:
A.Uses proceeds to expand.
Explanation:
Which factor would be most likely to lead to an unsuccessful IPO?
What is meant by 'internal communication'
Answers
Answer:
Internal Communication is a Function responsible for effective communications among participants within an organization. The scope of the function varies by organization and practitioner, from producing and delivering messages and campaigns on behalf of management, to facilitating two-way dialogue and developing the communication skills of the organization's participants.
Magic Events, Inc. is a global concert promoter that is organizing the world concert tour of the newest boy band. The company has a global reputation for generating the highest revenues for their entertainers based on lucrative event triangles. What is the most critical factor in a successful event triangle?
A.
as much advertising to fans as possible
B.
mutually beneficial exchanges
C.
selling as much merchandise as possible
D.
choosing the right sponsors
Answers
Answer:
A. as much advertising to fans as possible
Explanation:
The event triangle is made up of these 3 components
1. The participants
2. The sponsors
3. The spectators
Here the fans represent the spectators. They are the most critical factor of the event triangle .
The spectators are those who the boy band would be playing for. They are the ones who would go out to watch the event.
The spectators become monetary when the advertisement gets them to buy tickets for the event. That is they pay a fee to watch the event.
Primarily they provide necessary financial support for the event plus the money made from adverts.
“The needs of a society conflict with the goals of the financial services industry’s desire to make a profit.” Do you agree or disagree?
Answers
Answer:
I do not agree that "the needs of a society conflict with the goals of the financial services industry's desire to make a profit", but on the contrary, I consider that the economic objectives of the financial system contribute to the well-being of the individuals that make up society, with which they satisfy the needs of this in an indirect way.
I believe this because the financial system, through its will to profit, creates jobs and economic opportunities for individuals, who would otherwise be forced to meet their needs without the help of a system designed to profit as a result of work done (such as communism).
Jordan loves creating short films using his phone camera and small posable figures. He has learned how to edit the videos so that it looks as if the figures are alive and moving! What possible career paths might Jordan want to consider for his future? What type of education should Jordan get? Explain.
Answers
Answer:
A possible career pathway is Digital Filmmaking and Video Production. This career involves teaching students video development, post production, and live video production. For this career pathway Jordan should get a master’s degree in digital media studies because this education gives him a chance to learn more about how to improve the quality of his flims and what types of materials make the flims and the objects that are moving look more professional.
Explanation:
A set of procedures used to make modern video products is referred to as digital filmmaking, sometimes known as digital cinematography. These use a variety of equipment and techniques to create various types of material for a variety of media channels.
What's the difference between filmmaking and digital filmmaking?Film cameras are typically cheaper than high-end digital cameras. The film captures the exact image captured by the lens. Digital cameras must convert that light into a digital signature, which may contain visual artifacts. The dynamic range of the film is greater, particularly in darker situations.
The term "digital filmmaking" can refer to a variety of procedures and techniques utilized in current films, such as the usage of digital cameras or more comprehensive digital features such as characters and locations produced entirely within a computer.
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When opec raised the price of crude oil in the 1970s, it caused the united states:_____.
Answers
When OPEC raised the price of crude oil in the 1970s, it caused the United States to experience economic challenges and energy crises.
In the 1970s, OPEC (Organization of the Petroleum Exporting Countries) implemented a series of oil price increases and production cuts, resulting in a significant rise in the price of crude oil. This had a profound impact on the United States for several reasons:
Inflation and Stagflation: The sudden increase in oil prices led to a sharp rise in production costs for businesses, which ultimately contributed to inflationary pressures in the U.S. economy. This period of high inflation combined with stagnant economic growth became known as "stagflation," as it presented a challenging combination of rising prices and unemployment.
Energy Crisis: The increased oil prices also led to energy crises in the United States. The country heavily relied on imported oil, and the sudden price hikes and supply disruptions caused shortages and long lines at gas stations. This situation had a detrimental impact on transportation, businesses, and households, affecting economic activities and daily life.
Economic Recession: The combination of inflation, energy crises, and decreased consumer spending power due to higher energy costs contributed to an economic recession in the United States. The recession, which lasted from 1973 to 1975, led to rising unemployment rates and a decline in overall economic output.
The price increases implemented by OPEC in the 1970s had far-reaching consequences for the United States. The combination of inflation, energy crises, and economic recession created a challenging period for the country. The events of that time highlighted the vulnerability of nations heavily reliant on imported energy resources and the need for diversification and energy independence strategies.
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Which are ways that the economy is affected when the unemployment rate goes up? Select all that apply.
A. Fewer people pay income taxes.
B. Sales tax rates go down.
C. Many people refinance their houses.
D. Less money is spent on investments.
E. People spend more money on larger items.
Answers
Answer:
A. fewer people pay income tax
b. sales tax rates go down
c. many people refinance their houses
Explanation:
Answer:
D
Explanation:
Less money is spent in investments
What is the expected impact of increased security measures imposed by the federal government on airlines and consumers? Instructions: Draw a parallel shift in the demand and supply curves by grabbing, dragging, and then dropping the curves to the new positions.
Answers
Answer:
It will increase price for consumers, as well as cost for airlines (due to increased demand & supply)
Explanation:
Markets are at equilibrium when market demand = market supply.
If federal government imposes more safety measures on airlines & consumers. Cost for airlines rise due to increased security expenditures, so supply decreases (shifts leftwards). Customers might feel safer amidst more personal & organisational security measures, so demand increases (shifts rightwards).
Both these factors lead to increase price for consumers, as well as cost for airlines
The par value per share of common stock represents the:.
Answers
Build-A-Bear Workshop provides unique service to each individual customer. They are able to do this through an efficient assembly line-like experience in which customers choose which features (bows, hats, accessories, etc.) to add to their stuffed animal. Build-A-Bear's targeting strategy is: ________
Answers
Modulation requires a change of key for a whole piece of music.
TRUE or FALSE
Answers
Answer:
TRUE! HOPE THIS HELPS! :)
Explanation:
Answer:
FALSE is the answer
Explanation: