Use the table to answer the question.
2007
2008
Price ($) Quantity
Price ($) Quantity
Video Games 60
100
60
200
Movies 15
20
12
50
The table above gives the prices and quantities for a fictional country that only produces video games and movies. What is the growth rate of Nominal
GDP from 2007 to 2008?
(1 point)
O 6,300
O 12,600
O 200%
O 100%
Answers
The growth rate of Nominal GDP from 2007 to 2008 is 100%.
Nominal GDP is the gross domestic product of a country that is calculated using current year prices. It included real GDP and inflation.
Growth rate in GDP = (nominal GDP in 2008 / nominal GDP in 2007) - 1
Nominal GDP in 2007 = (60 x 100) + (15 x 20)
= $6000 + $300
= $6,300
Nominal GDP in 2008 = (60 x 200) + (12 x 50)
$12,000 + 600
= $12,600
Growth rate = ($12,600 / 6,300) - 1 = 100%
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Related Questions
When you borrow money, you are charged _____. When you put your money in the bank and save it, you earn _____.
Answers
Answer:
interest and interest
Explanation:
they are both a percentage and the earnings of the interest that are in your bank are much lower than when you borrow money, usually 0.6 percent that you earn. Rather when you borrow depending on the loan it can go up to 20 percent interest.
Structural unemployment results when the number of jobs is insufficient for the number of workers. True False
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A census is a regularly-occurring and official count of a particular population. Census data available at the United States Census Bureau website are an example of:_______.
A. Private information
B. Public behavior
C. Private behavior
D. Public information
Answers
Considering the demographic information analysis, the Census data available at the United States Census Bureau website are an example of "public information."
What is Public Information?Public Information is a term that is used to describe any information that is made available to the public regardless of the nature or format of the information.
Census Data as a Public InformationGiven that Census data are posted to the United States Census Bureau website where anybody from anywhere in the world can access the information, this is an example of Public Information.
Hence, in this case, it is concluded that the correct answer is option D. Public Information.
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suppose you were hired as a consultant for a company that wants to penetrate the comp-xm market. this company wants to pursue a broad cost leader strategy. from last year’s reports, which company would be the strongest competitor?
Answers
Based on the information given, the company that will be the strongest competitor will be Baldwin.
A broad cost leader strategy simply means a strategy that's is used for competition based on price in a targeted market. It arrives to charge the lowest prices relative to the other firms.
From the complete question, the company that will be the strongest competitor will be Baldwin. The automation for its product was increased to reflect this.
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Is someone smart here?
Answers
Answer:i think it is A
Explanation: the reason its a is because the maximum would prevent people paying to much for gas
A market might have an upward-sloping long-run supply curve if:
Answers
Answer:
a. firms have different costs.
Explanation:
A market might have an upward-sloping long-run supply curve if
a. firms have different costs.
b. consumers exercise market power over producers.
c. all factors of production are essentially available in unlimited supply.
d. the entry of new firms into the market has no effect on the cost structure of firms in the market.
The construction industry employs about ____ percent of the working people in the United States and Canada.
Answers
The CPI of a country in October is given to be 210. In November, the CPI rises to 220. What is the rate of inflation from October to November? Round
your answer to the nearest tenth of a percent if necessary. (1 point)
O 10.0%
O 4.8%
O 1.0%
O 4.5%
Answers
Answer:
4.8%
Explanation:
The rate of inflation is 4.8%.
Given that,
The CPI of a country in October is given to be 210. In November, the CPI rises to 220.
Based on the above information, the calculation is as follows:
= (220 - 210) ÷( 210)
= 4.8%
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something people buy to protect themselves from losing a lot of money in the event something happens to them or their property is known as:
Answers
Answer:
it is known as: Insurance
Consider the following invoice:
What information is missing that is necessary for generating the total?
Answers
Answer:
maybe bills and rent
Explanation:
Answer:
the subtotal and tax are missing
Explanation:
I had the same question
IBM expects to pay a dividend of $5 next year and expects these dividends to grow at 7% a year. The price of IBM is $90 per share. What is IBM's cost of equity capital
Answers
Based on the information given, IBM's cost of equity capital is 12.56%
Share Price = Dividend Next Year / [Cost of Equity - Growth Rate]
$90 = $5 / [R - 0.07]
$90 * {R - 0.07] = $5
{R - 0.07] = $5/$90
R - 0.07 = 0.055556
R = 0.055556 + 0.07
R = 0.125556
R = 12.56%
In conclusion, IBM's cost of equity capital is 12.56%
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bank consistently denies loans to people of color because it believes they are unlikely to repay the amount due on time. This is most likely an example of __________ discrimination.
Answers
The discrimination which involves bank consistently denying loans to people of particular color is an example of Institutional discrimination.
The discrimination described is held-on to by staff because of the laid-down company law, guidelines, tradition etc
An Institutional discrimination refers to those internal policies that result in the denial of resources and opportunities to some class of individual or groups. The denial of loan provision because of color is possible because the employees held on the company's law, guideline on loan procedureTherefore, the discrimination which involves bank consistently denying loans to people of particular color is an example of Institutional discrimination.
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What is an example of an interpersonal skill?
a) being highly self-motivated
b) being very disciplined
c) Being punctual
d) achieving goals
Answers
Describe which fiscal policies of the U.S. Congress would be considered expansionary actions and which would be contractionary actions
Answers
Answer:
Congress acts to cut tax rates or increase government spending, shifting the aggregate demand curve to the right.
Explanation:
Contractionary fiscal policy occurs when Congress raises tax rates or cuts government spending, shifting aggregate demand to the left.
Does Nike have any responsibility (of any kind) to the citizens of Indonesia or any country where they operate?
Explain your answer below.
Answers
It should be noted that Nike has responsibilities to the people that are living in any country that they operate. Therefore, the statement is true.
It should be noted they the company's sustainability program and corporate social responsibility aligns with the core beliefs of the company.
Nike has responsibilities to the people that are living in any country that they operate. The company leverages the power of sport in order to promote its agenda about changing the world for the better. The company also engages in various programs that will improve the communities.
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In a __________ bond, the arrestee hires a bail agent who posts the amount required and charges a fee for services rendered.
Answers
Answer:
bail
Explanation:
Wilbur has $800 to open a checking account. He can maintain a minimum balance of at least $500. He plans to use the ATM twice a month and he maintains a savings account at the same bank. His employer has direct deposit and he sometimes overdrafts his account. Bank Account Terms and Conditions Bank Account terms and conditions. Bank A is best for Wilbur. Wilbur wants a checking account with the lowest fees. Which checking account would be best for Wilbur? Account A Account B Account C Account D.
Answers
Answer:
Account A
Explanation:
It should be noted that the checking account that would be best for Wilbur is Account A.
A checking account simply means a type of bank account that allows one to easily deposit and withdraw money to carry out transactions.
From the complete information, it can be noted that Wilbur wants a checking account with the lowest fees. Therefore, the best option that should be chosen is Account A.
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Which of the following is a characteristic of an unstructured interview? a. Conducted by a professional interviewer b. Focuses on factual information c. Common in small businesses d. Limited information on the interviewee's personality Please select the best answer from the choices provided A B C D.
Answers
Unstructured Interviews are common in small businesses. Option C is correct.
What is an Unstructured Interview?It refers to an interview in which the questions are not prearranged by the interviewer that is to be asked to the respondents. Unstructured interviews are more casual and unrehearsed than structured interviews in which prearranged, standardized questions are asked. This provides free-flowing conversation on respondents' personal qualities and knowledge related to relate to the work.Since in small companies, the work areas of employees are wider than the big corporate.
Therefore, unstructured Interviews are commonly used in small businesses to get a deeper understanding of respondents' personal qualities related to work.
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Answer:
it c
Explanation:
yw
The ______ of real estate markets makes it impossible to generalize the impact events in other areas will have on real estate values.
Answers
Answer: uniqueness
Explanation:
The uniqueness of real estate markets makes it impossible to generalize the impact events in other areas will have on real estate values.
Which of these is a characteristics of real estate?In business terms, real estate is an instrument of investment. Real estate has seven specific characteristics related to its economic impact or physical nature. They are scarcity, improvements, location, investment permanence, uniqueness, immobility, and Indestructibility.
What is the most important characteristic of real estate?Permanence of investment is also known as fixity and means investments in real estate are long-term. This is due to the physical characteristics of indestructibility and immobility. Since land is immobile, investment in property becomes fixed. Land cannot be moved if the market becomes better in another location.To learn more about real estate, refer
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The particular market segment your company is trying to sell your products or services to is your _________.
A.
Customer profile
B.
Market share
C.
Community
D.
Target market
Answers
The growth rate is a measure of the rate at which a countrya's population is increasing. Please select the best answer from the choices provided. T F.
Answers
The growth rate is a measure of the rate at which a country's population is increasing.
The growth rate of a population measures the percentage increase in the value of a quantity.
For example, if the growth rate of a population is 10%, if the town currently has 1000 people, next year population would be: 1000(1.1) = 1100 people.
Factors that leads to increases in a population
Migration BirthTo learn more, please check: https://brainly.com/question/15133607
Answer:
This is true.
Explanation:
Edg. 2022
what country leads the world in coconut production?
Answers
Answer:
Indonesia
Explanation:
Zach is looking for a homeowners insurance policy for his new house. AAA Insurance company has offered him a plan that insures his home annually for $0.36 per $100 of value in the home. In order to make calculations easier, Thompson’s Insurance lists their annual homeowners insurance premium a bit differently, at $3.63 per $1,000 of value in the home.
Zach’s house is worth $289,000. What should Zach be thinking as he chooses between the two insurance companies?
a.
$3.63 per $1,000 is approximately the same as $0.36 per $100. The premiums for the two insurance companies will be the same.
b.
The annual premium for his house would be cheaper through AAA.
c.
The annual premium for his house would be cheaper through Thompson’s.
d.
Since the two insurance companies list their premiums differently, the two cannot be compared.
Answers
Answer:
B
Explanation:
just did the test and got it right
Which of the following illustrate improvements in productivity? Select the two correct answers. (1 point)
After adopting a new typing strategy, a data scientist is able to provide more data services to clients.
After hiring an additional employee, a factory manager has seen a large increase in factory output.
O A restaurant purchases more food ingredients, resulting in a larger quantity of meals available to customers.
O A nurse decides to work overtime, increasing the quantity of patient care services she is able to provide.
After practicing at home, a dishwasher has doubled the number of dishes he can wash in a single shift.
Answers
Improvements in productivity can be explained as illustrated using below examples;
After adopting a new typing strategy, a data scientist is able to provide more data services to clients.After practicing at home, a dishwasher has doubled the number of dishes he can wash in a single shift.Improvements in productivity involves achieving more output in daily task of an organization.
When the productivity is low ,then the company will not have enough profit and this is not good for the company.We can conclude high productivity is the target if every firm.
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A company buys electronic components, assembles them into PCs, and then ships them to customers. In this case the electronic components are _____ for the company.
Answers
Answer:
inputs
Explanation:
inputs are what is brought into the company to help it function. In this case, the inputs are the electronic components.
If this helped, please give brainliest answer! Thanks
6. Which of the following could cause a change in the demand curve?
A. There is a change in price.
B. There is a change in quantity.
C. There is a change in the population consuming the good.
D. None of the above.
Answers
Answer:
I think that there will be change in the population consuming the good because the goods are sold according to population who consumes it.The goods are sold according to the people .If there will be a lot of population consuming the good then the business can grow rapidly . But if there will be less population then people cant sold much goods.
__________________ occurs when there are different sets of organizational rules operating, and individual workers find it difficult to reconcile these rules.
Answers
Based on business organization management, Loss of Control occurs when there are different sets of organizational rules operating, and individual workers find it difficult to reconcile these rules.
What is Loss of Control?Loss of Control is the term used to describe the situation whereby different units of the organization are performing tasks that benefits the units alone rather than a common goal.
Loss of Control can also be likened to a situation where individual workers find it hard to harmonize rules from different top management in the firm or company.
Loss of Control usually occurs as a result of Decentralization.
Hence, in this case, it is concluded that the correct answer is Loss of Control.
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Students at a major university must go through several registration steps. Officials have observed that it is typically the case that the waiting line at the fee-payment station is the longest. This would seem to suggest that the fee-payment station is the ___________ in the student registration process. Multiple Choice capacity cushion first station bottleneck economy of scale diseconomy of scale
Answers
Answer:
bottleneck
Please give Brainliest answer if this has helped!
Explanation:
A bottleneck can be illustrated as a situation that causes a delay in a process. The waiting line at the fee payment station exists very long and this controls the smooth sailing of the registration procedure therefore it comprises a bottleneck.
What is a bottleneck in machine learning?The bottleneck in a neural network exists only in a layer with more irregular neurons than the layer below or beyond it. Maintaining such a layer enables the network to condense segment expressions (of salient features for the target variable) to the most suitable fit in the available space.
A bottleneck can be illustrated as a situation that causes a delay in a process. The waiting line at the fee payment station exists very long and this controls the smooth sailing of the registration procedure therefore it comprises a bottleneck.
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Which of the following represents an increase in labor productivity within a country? (1 point)
O GDP decreased from 400 billion dollars to 200 billion dollars while total labor hours decreased from 75 million year to 50 million.
O GDP increased from 200 billion dollars to 400 billion while total labor hours increased from 50 million to 100 million.
O GDP increased from 200 billion dollars to 400 billion dollars, while total labor hours increased from 50 million to 75 million.
O GDP decreased from 400 billion dollars to 200 billion dollars, while total labor hours decreased from 100 million to 50 million.
Answers
The option that represents the rise in labor productivity will be C. GDP increased from 200 billion dollars to 400 billion dollars, while total labor hours increased from 50 million to 75 million.
Labor productivity simply means the workforce productivity. It's the real ouput per labor hours. It's the amount of goods that are produced for a given time period.
An increase in labor productivity will be the increase in the GDP from 200 billion dollars to 400 billion dollars, while total labor hours increased from 50 million to 75 million.
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how much does it cost to tent a house for termites
Answers
Termite treatment costs between $222 and $931, or $576 on average. Depending on the type of treatment, size of your home and severity of the infestation, you may pay anywhere from $3 to $16 per linear foot. Compare quotes from exterminators near you for the best treatment solution and price. Dealing with termite problems gets more expensive over time. The moment you suspect your home has them, you should hire a pro for inspection and treatment.