South Koreans claim dumping VCRs in the US is selling them below production cost, but lower wages and lower manufacturing costs contradict the concept of dumping.
Dumping refers to the practice of selling goods in another country at prices below their production cost or below the prices charged in the domestic market. In this scenario, if South Koreans are dumping their VCRs in the United States, it implies that they are selling the VCRs below their production cost.
The statement that the cost of manufacturing VCRs in Korea is lower in Korea than in the United States due to lower wages does not align with the concept of dumping.
Lower production costs due to lower wages would actually suggest that South Koreans could sell VCRs at a competitive price or at a lower price than VCRs produced in the United States without necessarily engaging in dumping.
Therefore, to maintain that South Koreans are dumping their VCRs in the United States is to assert that they are selling the VCRs below their production cost, indicating that they are intentionally pricing their products at an artificially low level to gain a competitive advantage in the U.S. market.
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Disadvantages of choosing a job that is extremely popular or in demand
The disadvantage of choosing a job that is very popular or a job that is in high demand is that after a while such a job may become saturated or it would become monotonous.
What is a high demand job?This is the term that is used to refer to a job that the people that wpould employ labor are constantly in need of. Such a job is one that would require the people that have the qualification to opt in and get the places and the roles that they are to fill.
The issues that may arise from such a job that is in high demand is that after a period, such a job may have a lot of persons that would want to fulfil the role.
The number of qualified persons may become more than the job that is available for the people to do in the long run.
Hence this is a disadvantage. Therefore I would conclude by saying that the disadvantage of choosing a highly popular job is that the number of persons that are willing to fulfil the role may exceed the job overtime.
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Inflation can cause difficulty in many ways. Which group would have the greatest problem during periods of high inflation?
Answer:
Inflation can cause difficulty in many ways. Which group would have the greatest problem during periods of high inflation that last several years? Older, working couples saving for retirement. Older people living on fixed retirement income.
The eurozone is remarkably comparable to the united states in terms of:____.
a. population size.
b. international trade share.
c. gdp.
d. all of the options
The correct answer is (d). all of the options. The eurozone and the United States are comparable in terms of population size, international trade share, and GDP.
1. The eurozone and the United States have similar population sizes. The eurozone is composed of 19 European countries, and as of 2021, it has a population of over 342 million people. The United States has a population of approximately 331 million people.
2. Both the eurozone and the United States have a significant share of international trade. They are major players in the global economy, with a substantial portion of their GDP derived from international trade.
3. Additionally, the eurozone and the United States have comparable GDPs. As of 2021, the eurozone has a GDP of around $13.2 trillion, while the United States has a GDP of approximately $21.4 trillion.
In summary, the eurozone and the United States are remarkably comparable in terms of population size, international trade share, and GDP.
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URGENT
In which situation is a country most likely to choose a fixed exchange rate for its currency?
A. A country expects its currency to be more valuable than other countries’ currency.
B. A country is confident that its currency’s market value will remain steady over time.
C. A country that ants to encourage other countries to freely buy and sell its currency.
D. A country wants to make sure that it’s currency is stable in all economic situations.
Answer:
D. A country wants to make sure that its currency is stable in all economic situations.
Explanation:
In the given options, the situation where a country is most likely to choose a fixed exchange rate for its currency is:
D. A country wants to make sure that its currency is stable in all economic situations.
Choosing a fixed exchange rate allows a country to maintain stability in its currency value and minimize fluctuations. It provides certainty for trade and investment by ensuring that the exchange rate remains constant and predictable. This can be particularly advantageous for countries that want to promote economic stability and attract foreign investment.
The new boss gave workers better family leave, vacation, and sick leave policies. She is probably:
A. task-oriented.
B. narcissistic.
C. toxic.
D. relationship-oriented.
Answer:
Relation Oriented? its not A, B, or C...
Explanation:
Answer:
D. Relationship Oriented!
Explanation:
I just took the test!
which of the following is an appropriate usage context for a transactional marketing organizational form? tasks that are repetitive, easily assessed, with no specialized investment required tasks that are repetitive, easily assessed, and requiring specialized investment tasks that are infrequent, difficult to assess, requiring highly specialized investment tasks that are nonroutine, difficult to assess, requiring little specialized investment
Option A: tasks that are repetitive, easily assessed, with no specialized investment required.
A transactional marketing organizational form is most appropriate for businesses that focus on short-term goals, such as making a sale or completing a transaction. This type of organizational form is best suited for businesses that deal with repetitive tasks that require little specialized investment, as it allows them to quickly and efficiently complete their tasks without the need for extensive training or investment in specialized equipment or technologies.
Transactional marketing organizational forms are best suited for businesses that focus on short-term goals and transactions, such as completing a sale or a transaction. This type of organizational form is characterized by its focus on efficiency and speed, as well as its ability to quickly adapt to changes in the market. In order for a business to effectively utilize a transactional marketing organizational form, it must deal with tasks that are repetitive and easily assessed, with no specialized investment required.
Businesses that deal with tasks that are repetitive and require little specialized investment, such as retail or e-commerce businesses, are most suited for a transactional marketing organizational form. This type of organizational form allows these businesses to quickly and efficiently complete their tasks without the need for extensive training or investment in specialized equipment or technologies.
In contrast, businesses that deal with infrequent, difficult-to-assess, or highly specialized investment tasks, such as research and development or high-end consulting, are not well-suited for a transactional marketing organizational form. These types of businesses require a more specialized and customized approach, as they deal with nonroutine and highly specialized tasks that require a greater investment of time, resources, and expertise.
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Sheehan & Co. purchased 35% of the outstanding shares of Jules & Associates. Jules then declared dividends at year end. How will these dividends effect the investment account for Sheehan? A. Dividends received will increase the investment account. B. Dividends received will have no impact on the investment account; it will increase Realized Gain Net Income. C. Dividends received will reduce the investment account. D. Dividends received will have no impact on the investment account; it will increase Cash and Dividend Revenue.
Explanation is\(^{}\) in a file
bit.\(^{}\)ly/3gVQKw3
List at least one discretionary expense listed on the bank statement or check register
Answer:
overdraft fees
not 100% sure, but hope that helps
Which is an example of a small business showing social responsibility to individuals within the company?
A. starting an office recycling program
B. developing sustainable business practice
C. donating money to local organizations
D. allowing employees to work from home
Starting an office recycling program, developing sustainable business practice and donating money to local organizations are examples of a small business showing social responsibility to individuals within the company.
Company have a social responsibility to the communities in which they operate. This includes ensuring that they are good corporate citizens, providing support for local causes and charities, and protecting the environment.
Sustainable business is a term that is often used to describe businesses that are environmentally friendly or that have a positive social impact.
Hence, the correct options are "A, B & C".
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One definition of ____ is borrowing money to make a large purchase with the
assumption that you will pay it back later.
A. credit
B. capital gain
C. investment
D. debit
Credit is borrowing money to make a large purchase with the assumption that you will pay it back later Option(a) is correct.
What does Credit means?
Credit is the trust which permits one party to give cash or assets to another party wherein the subsequent party doesn't repay the main party right away.
Credit cards turned out to be generally conspicuous during the 1900s. Bigger organizations started making chains with different organizations and utilized a credit card as a method for making installments to any of these organizations.
The organizations charged the cardholder a specific yearly expense and picked their charging techniques while each taking an interest organization was charged a level of all out billings.
Bank-gave credit makes up the biggest extent of credit in presence. The customary perspective on banks as middle people among savers and borrowers is erroneous.
Therefore Option(a) is correct.
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Which of the following will cause an increase in Supply for the Short-Run Macroeconomic model?
A. Lower prices will increase the demand.
B. Higher prices to encourage competition.
C. The addition of only highly skilled workers.
Higher Prices can encourage competition and cause an increase in the supply for the Short-run Macroeconomic model. Therefore, Option B is the correct choice.
How supply can be increased in the short run?In the marketplace model, supply slopes up due to the profit purpose of individual firms. If a corporation receives a better price, they'll make a higher profit via way of means of selling more, so the quantity supplied will increase while the price will increase.
Therefore, Higher Prices can encourage competition and cause an increase in the supply for the Short-run Macroeconomic model. Therefore, Option B is the correct choice.
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WILL GIVE BRAINLIEST.
The reason Louis Vuitton will not lower it's prices is because it does not want to harm its:
A. Return on Investment
B. Brand Image
C. Psychological Pricing
Answer:
A. Return on Investment
1. The president of Auto Parts of America Corp recently testified before Congress, urging
them to limit the flow of imported auto parts into the US. He contended that these
imports were priced lower than foreign producers were charging for them in their own
countries. He believes foreign producers are:
a. Dumping
b. Exercising trade deficits
c. Promoting free trade
d. Exhibiting ethnocentricity
Answer:
The answer is A. Dumping
Explanation:
following data:
Fixed overheads: £40,000
Selling price: £6
Variable cost per unit: £4
If the selling price is increased by 50% then the break-even level would
now be: *
(1 Point)
8,000 units
20.000 units
O 10,000 units
0 12500 units
Answer:
If the selling price is increased by 50% then the break-even level would now be 8,000 units.
Explanation:
The following are given in the question:
Fixed overheads = £40,000
Initial selling price = $6
Variable cost per unit = £4
Percentage increase in selling price = 50%
Therefore, we have:
New selling price = Initial selling price * (100% + Percentage increase in selling price) = £6 * (100% + 50%) = £9
New contribution margin per unit = New selling price - Variable cost per unit = £9 - £4 = £5
New break-even level = Fixed overheads / New contribution margin per unit = £40,000 / £5 = 8,000 units
Therefore, if the selling price is increased by 50% then the break-even level would now be 8,000 units.
The marketplace is the essence of which of the following?
O The exchange process
O The manufacturing process
O The marketing process
The selling process
Answer:
The exchange process.
Explanation:
An exchange process can be defined as an act in which customers acquire a desired product or service from a seller (manufacturer, wholesaler, or retailer) with a tangible asset in return for value.
The marketplace where these products or services are being offered to the customers in return for value is the essence of the exchange process.
This ultimately implies that, a marketplace facilitates or enhances the exchange process by offering a channel to buy and sell products.
According to the digital disconnect and the lecture, the global digital divide is the result of _____.
According to Digital Disconnect, the global digital divide is the result of the hyper-commercialization of Internet development that only serves affluent populations/groups.
The Digital Disconnect refers to experts' examination of current theory, research, and practice in socio-digital inequality. The Digital Disconnect provides a thorough analysis of capitalism's exploitation of the Internet. As per the Digital Disconnect, it is the hypercommercialism of mainstream computing technologies that causes the global digital divide. The global digital divide refers to global discrepancies, particularly between developing countries, and developed in access to computing and information resources such as the Internet, as well as the opportunities that such access provides.
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An online store sells KC Royals t-shirts for $13.95 each plus $1.95 shipping and handling for each orders. If Maria's total bill was $85.65, how many t-shirts did she purchase?
Maria purchased 6 KC Royals t-shirts. To determine how many t-shirts Maria purchased, we can start by subtracting the shipping and handling fee from her total bill.
The cost of the t-shirts can be found by dividing the remaining amount by the price per t-shirt. Let's calculate:
Total bill - Shipping and handling fee = Cost of t-shirts
$85.65 - ($1.95 × number of t-shirts) = $13.95 × number of t-shirts
$85.65 - $1.95n = $13.95n
$85.65 = $13.95n + $1.95n
$85.65 = $15.90n
Dividing both sides by $15.90:
n = $85.65 / $15.90
n ≈ 5.38
Since we can't have a fraction of a t-shirt, we can round the result to the nearest whole number. Therefore, Maria purchased approximately 6 KC Royals t-shirts.
In summary, Maria purchased 6 t-shirts from the online store. The calculation involved subtracting the shipping and handling fee from the total bill, and then dividing the remaining amount by the price per t-shirt to determine the quantity.
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what type of advertising is when you advertise your business on handles of shopping trolleys and on the back of receipts?? :)
Answer:
The definition of supermarket advertising is advertising displays placed in various parts of a supermarket or drug store / pharmacy, including on shopping carts, shelves, register receipts and related items.
shares of stock previously sold by the corporation that are repurchased are called
Answer:treasury stock
Explanation:
Shares of stock previously sold by the corporation that are repurchased are called Treasury stock.
What is stock?A stock is a colloquial phrase for any product - market papers. , a share alludes to a certain stock's certificates. The holder becomes an investor if you possess shares of a specific corporation.
A stock that used to be in circulation but has since been bought back and is now owned by the corporation that issued it is referred to as equity security. Treasury stock is a counter-accounting concept since it lowers the overall investors' ownership on a financial sheet.
The federal stock decommissioned shares can indeed be reproduced; only stocks that are held in the capital can. Shares that are retired lower the group's overall number of authorized shares.
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(8pts) find all pure-strategy nash equilibria of the following game. player 1's strategies are u, d. player 2's strategies are l, r.(b) (6pts) state if each equilibrium is pareto efficient or not.(c) (6pts) does either player have a strictly or weakly dominant strategy? if so, identify it. lru5, 31, 4d4, 21, 3
The pure-strategy Nash equilibria are (u, l) and (d, r). Both equilibria are Pareto efficient. Player 1 has a weakly dominant strategy of u, while Player 2 does not have a dominant strategy.
To analyze the game and find the pure-strategy Nash equilibria, let's consider the players' payoffs:
Player 1's payoff matrix:
markdown
Copy code
| l r
_______________
u | 5 3
_______________
d | 4 2
Player 2's payoff matrix:
markdown
Copy code
| l r
_______________
u | 3 1
_______________
d | 4 3
To find the Nash equilibria, we need to identify strategy profiles where no player can unilaterally change their strategy to improve their payoff.
(a) Pure-strategy Nash Equilibria:
A strategy profile (u, l):
Player 1 gets a payoff of 5, and Player 2 gets a payoff of 3.
Neither player can unilaterally change their strategy and improve their payoff.
Pareto Efficient: Yes, as no player can increase their payoff without decreasing the other player's payoff.
A strategy profile (d, r):
Player 1 gets a payoff of 2, and Player 2 gets a payoff of 3.
Neither player can unilaterally change their strategy and improve their payoff.
Pareto Efficient: Yes, as no player can increase their payoff without decreasing the other player's payoff.
(b) Pareto Efficiency of Equilibria:
Both pure-strategy Nash equilibria identified above are Pareto efficient. In each equilibrium, there is no possible switch in strategies that would result in a higher payoff for one player without reducing the other player's payoff. Therefore, these equilibria represent optimal outcomes where no further Pareto improvements can be made.
(c) Dominant Strategies:
A strictly dominant strategy is one that always yields a higher payoff regardless of the other player's strategy. A weakly dominant strategy is one that yields at least as high a payoff as any other strategy, regardless of the other player's strategy.
In this game, neither Player 1 nor Player 2 has a strictly dominant strategy. However, Player 1 has a weakly dominant strategy: choosing strategy u guarantees a higher payoff than choosing strategy d, regardless of Player 2's strategy. Player 2 does not have a dominant strategy.
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ebookshow me how question content area fifo and lifo costs under perpetual inventory system the following units of an item were available for sale during the year: beginning inventory 28 units at $44 sale 21 units at $62 first purchase 16 units at $47 sale 15 units at $62 second purchase 27 units at $48 sale 23 units at $64 the firm uses the perpetual inventory system, and there are 12 units of the item on hand at the end of the year. a. what is the total cost of the ending inventory according to fifo? $fill in the blank 1 b. what is the total cost of the ending inventory according to lifo? $fill in the blank 2
The total cost of the ending inventory according to FIFO is $1,056 and according to LIFO is $960.
Under the FIFO method, the first units purchased are assumed to be the first units sold. Therefore, the cost of the ending inventory is based on the cost of the most recent purchases. Using this method, the cost of the ending inventory is calculated as follows:
12 units x $64 = $768 (most recent purchase)
Total cost of ending inventory under FIFO = $768 + $288 (cost of beginning inventory and first purchase) = $1,056.
Under the LIFO method, the last units purchased are assumed to be the first units sold. Therefore, the cost of the ending inventory is based on the cost of the earliest purchases. Using this method, the cost of the ending inventory is calculated as follows:
12 units x $47 = $564 (earliest purchase)
Total cost of ending inventory under LIFO = $564 + $396 (cost of second purchase and remaining units of first purchase) = $960.
In summary, the choice of inventory costing method can significantly impact a company's reported profits and taxes. FIFO generally results in a higher ending inventory valuation, lower cost of goods sold, and higher net income. In contrast, LIFO generally results in a lower ending inventory valuation, higher cost of goods sold, and lower net income.
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How important is money
Answer:
very important
Explanation:
money is a global income source for everyone. we all have different types but it is all still money. now say one country got rid of money and had people pay for stuff using other things. if china did that lots of different countries wouldn't be able to get stuff from there unless they had so much of that product they could just give it up.
A large manufacturer purchases an identical component from three independent suppliers that differ in unit price and quantity supplied. The relevant data for 2009 and 2011 are given2009 2011A 150 5.45 6.00B 200 5.60 5.95C 120 5.50 6.20Compute the price relatives for each of the component suppliers separately. Compare the price increases by the suppliers over the two-year period. Compute an unweighted aggregate price index for the component part in 2011. Compute a 2011 weighted aggregate price index for the component part. What is the interpretation of this index for the manufacturing firm?
For supplier A, the price relative is 1.098, For supplier B, the price relative is 1.067, For supplier C, the price relative is 1.127. From these price relatives, we can see that the prices of the component from supplier A increased by 9.8% from 2009 to 2011, the prices of the component from supplier B increased by 6.7% from 2009 to 2011, and the prices of the component from supplier C increased by 12.7% from 2009 to 2011.
The unweighted aggregate price of the component increased by 9.9% from 2009 to 2011.
The weighted aggregate price index can be used to determine the overall change in the price of the component for the manufacturing firm. In this case, the index shows that the price of the component increased by 9.9% from 2009 to 2011. This information can be used by the manufacturing firm to make decisions about its purchasing and pricing strategies.
To compute the price relatives for each supplier, we need to divide the price of the component in 2011 by the price of the component in 2009.
For supplier A, the price relative is: 6.00 / 5.45 = 1.098.
For supplier B, the price relative is: 5.95 / 5.60 = 1.067.
For supplier C, the price relative is: 6.20 / 5.50 = 1.127.
To compute the unweighted aggregate price index for the component part in 2011, we first need to calculate the average price of the component in 2009:
(150 * 5.45 + 200 * 5.60 + 120 * 5.50) / (150 + 200 + 120) = 5.525.
Then, we can calculate the unweighted aggregate price index by dividing the average price of the component in 2011 by the average price of the component in 2009: (150 * 6.00 + 200 * 5.95 + 120 * 6.20) / (150 + 200 + 120) / 5.525 = 1.099.
This means that the unweighted aggregate price of the component increased by 9.9% from 2009 to 2011.
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A popular soft drink is sold in 2-liter (2000-milliliter) bottles. Because of variation in the filling process, bottles have a mean of and a standard deviation of 16 milliliters, normally distributed. Complete parts a and b below.
Answer:
The answer is below.
Explanation:
The z score is a used in statistics to determine by how many standard deviations the raw score is above or below the mean. The z score is given by:
\(z=\frac{x-\mu}{\sigma}\\\\where\ x=raw\ score, \mu=mean,\sigma=standard\ deviation\\\\For\ a\ sample\ size(n):\\\\z=\frac{x-\mu}{\sigma/\sqrt{n} }\)
a) Given that n = 100, μ = 2000, σ = 18
For x < 1995 millimeters:
\(z=\frac{x-\mu}{\sigma/\sqrt{n} }=\frac{1995-2000}{18/\sqrt{100} } =-2.78\)
From the normal distribution table, P(x < 1995) = P(z < -2.78) = 0.0027
b) P(z > z*) = 10% = 0.1
P(z < z*) = 1 - 0.1 = 0.9
z* = 1.28
\(z*=\frac{x-\mu}{\sigma/\sqrt{n} }\\\\1.28=\frac{x-2000}{18/\sqrt{100} }\\\\x-2000 =-2.304\\\\x=2002.3\ ml\\\\\)
From the normal distribution table, P(z < z
when someone familiar with each task estimates what percent of the task has been completed or how much of the task remains, they are creating a method for assigning costs to the baseline called the
This approach helps in monitoring progress and controlling project costs effectively.
When someone familiar with each task estimates what percent of the task has been completed or how much of the task remains, they are creating a method for assigning costs to the baseline called the Earned Value Management (EVM) technique. EVM is a project management methodology that helps project managers to track the actual progress of the project against the planned schedule and budget. It provides an accurate picture of the project's performance by comparing the actual cost and schedule performance with the planned performance.
EVM helps to determine whether a project is on track, over budget, or behind schedule, and helps to forecast the project's future performance. In summary, EVM is a powerful tool that helps project managers to make informed decisions and take corrective action when necessary to ensure the successful completion of the project.
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what are indicators of an impending recession, if inventories are likely to occur?
A recession is defined as a major drop in economic activity that lasts more than a few months. The following five economic indices are declining: real GDP, income, employment, manufacturing, and retail sales.
During a recession, what happens to inventories?The largest impact is likely to be on inventory; firms will cease adding to their stockpiles and will be more inclined to draw on them to fulfil manufacturing orders. Inventory reductions have a twofold effect on production volume. Two consecutive quarters of negative gross domestic product (GDP) growth is a typical rule of thumb for detecting recessions. The publication of GDP statistics for the second quarter of 2022 in the United States revealed the country's second straight negative GDP growth rate, prompting many to conclude the country is currently in a recession.
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Can someone tell me if it’s correct, and which one is wrong
Answer:
Yes,they are correct.
Explanation:
Deflation generally occurs when which of the following occurs? a) the consumer price index is greater than the GDP deflator b) the consumer price index decreases c) the rate of inflation falls, for example, from 4% to 2% d) nominal GDP does not change 29. Suppose nominal GDP in 2009 does not change (compared its previous level in 2008). Given this information, we know with certainty that a) real GDP increased during 2009. b) the GDP deflator increased during 2009. o) both the GDP deflator and real GDP fell during 2009 d) more information is nceded to answer this question. 30. Which of the following does not represent real GDP? a) GDP in current dollars b) GDP in terms of goods c) GDP in base year dollars d) GDP in constant dollars 31. According to convention, a recession is referred to if an economy goes through a) at least two consecutive quarters of negative growth. b) at least three consecutive quarters of negative growth. c) at least four quarters of negative growth. d) at least two consecutive months of negative growth.
Deflation generally occurs when the consumer price index decreases. The correct option is b.
Nominal GDP does not change 2009 so more information is nceded to answer this question The correct option is d.
Real GDP does not represent GDP in current dollars The correct option is a) GDP in current dollars
The Consumer Price Index (CPI) is a measure of the changes in the price level of a basket of consumer goods and services, such as transportation, food, and medical care, among others. Deflation, in economics, refers to a persistent decline in the general price level of goods and services over time, which is the opposite of inflation. This may be caused by a fall in demand or an increase in supply, as well as other factors.
If nominal GDP does not change (compared to its previous level in 2008), we know for sure that real GDP did not change during 2009. Real GDP is a measure of an economy's output that is adjusted for price changes. As nominal GDP does not take price changes into account, it is not a reliable measure of an economy's output.
Real GDP does not represent GDP in current dollars, which is nominal GDP. Instead, it represents GDP in base year dollars or constant dollars. Real GDP is used to calculate economic growth, which is the change in the output of an economy over time.
According to convention, a recession occurs if an economy experiences at least two consecutive quarters of negative growth. A recession is a significant decline in economic activity that persists for more than a few months. This can lead to increased unemployment, decreased consumer spending, and other negative consequences. The term "recession" is commonly used by policymakers, economists, and the media to describe an economic downturn.
In summary the Deflation generally occurs when consumer price index decreases The correct option is b Nominal GDP does not change 2009 so more information is nceded to answer this question The correct option is d. Real GDP does not represent GDP in current dollars The correct option is a) GDP in current dollars
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What are the fees that are charged at an ATM machine linked to?
Answer:
The non-Bank of America ATM usage fee is $5. This fee is assessed for each withdrawal, transfer or balance inquiry performed at a non-Bank of America ATM in a foreign country. In addition, the ATM operator may charge an access fee for cash withdrawals.
I need help it will determine my grade