Business, 15.04.2020 04:14 leahpartaka03

Suppose that the GDP deflator grew by 10 percent from last year to this year. That is, the inflation rate this year was 10 percent. This means that overall: real GDP in the economy has risen by 10 percent. real GDP and prices both rose by 10 percent. prices in the economy have risen by 10 percent. output in the economy rose by 10 percent. This inflation rate implies that the growth rate in real GDP was 10 percent: more than the growth rate in nominal GDP. more than the growth rate in inflation. less than the growth rate in inflation. less than the growth rate in nominal GDP.

Answers: 3

Show answers

Other questions on the subject: Business

Business, 22.06.2019 06:00, Bloom247

According to herman, one of the differences of managing a nonprofit versus a for-profit corporation is

Answers: 1

continue

Business, 22.06.2019 07:30, taridunkley724

Hours to produce one unit worker hours to produce yarn country a 8 hours country b 4 hours worker hours to produce fabric counrty a 12 hours country b 13 hours additional worker hours to produce fabric instead of yarn country a ? country b? which of the follow is true of the trade relationship between country a and country b? country a has an absolute advantage in producing yarn and fabric country b has an absolute advantage in producing yarn and fabric country b has a comparative advantage to country a in producing fabric country a has a comparative advantage to country b in producing fabric

Answers: 2

continue

Business, 22.06.2019 21:30, schneidersamant9242

Which is cheaper: eating out or dining in? the mean cost of a flank steak, broccoli, and rice bought at the grocery store is $13.04 (money. msn website, november 7, 2012). a sample of 100 neighborhood restaurants showed a mean price of $12.75 and a standard deviation of $2 for a comparable restaurant meal. a. develop appropriate hypotheses for a test to determine whether the sample data support the conclusion that the mean cost of a restaurant meal is less than fixing a comparable meal at home. b. using the sample from the 100 restaurants, what is the p-value? c. at a = .05, what is your conclusion? d. repeat the preceding hypothesis test using the critical value approach

Answers: 3

continue

Business, 22.06.2019 23:10, smcardenas02

Powell company began the 2018 accounting period with $40,000 cash, $86,000 inventory, $60,000 common stock, and $66,000 retained earnings. during 2018, powell experienced the following events: sold merchandise costing $58,000 for $99,500 on account to prentise furniture store. delivered the goods to prentise under terms fob destination. freight costs were $900 cash. received returned goods from prentise. the goods cost powell $4,000 and were sold to prentise for $5,900. granted prentise a $3,000 allowance for damaged goods that prentise agreed to keep. collected partial payment of $81,000 cash from accounts receivable. required record the events in a statements model shown below. prepare an income statement, a balance sheet, and a statement of cash flows. why would prentise agree to keep the damaged goods?

Answers: 2

continue

You know the right answer?

Suppose that the GDP deflator grew by 10 percent from last year to this year. That is, the inflation...