User Account

All Pages

Base year for the calculation of gdp

Assignment Help Business Management
Reference no: EM131369327

The economy produces only one good, FatBit. The economy produced 5,000 units of FatBit during Year 1 and 7,000 units of FatBit in Year 2. The price of each unit of FatBit in Year 1 was $100 and it was $200 in Year 2. Suppose Year 1 is taken as the base year for the calculation of GDP.

Reference no: EM131369327

Questions Cloud

Form of after-tax real interest income : What percent of Loretta's nominal interest income goes to: (1) her, in the form of after-tax real interest income; (2) the government, in the form of taxes; and (3) inflation, in the form of lost principal value?
The nurse anesthetists in the area are acting together : Because it might be reasonably suggested that the nurse anesthetists in the area are acting together, at least in a loosely organized way, one might be tempted to suggest that the area’s nine hospitals get together and establish fair and consistent p..
What is the interquartile range for this data set : What is the interquartile range for this data set?- What can you say about the skewness of this data set?- If a data point that was originally 13 is changed to 14, how would the box plot be affected?
How much will you have in the account at the end of year : How much will you have in this account at the end of 22 years? Assume that all interest received at the end of the period is reinvested the next period. Round the answer to two decimal places.
Base year for the calculation of gdp : The economy produces only one good, FatBit. The economy produced 5,000 units of FatBit during Year 1 and 7,000 units of FatBit in Year 2. The price of each unit of FatBit in Year 1 was $100 and it was $200 in Year 2. Suppose Year 1 is taken as the..
Explain the differences and focus of mis systems : MBALN-736A Enterprise Information Systems - Explain the differences and focus of MIS systems and KMS systems. Research online, present a specific company that most benefits from each type of system, analyse how each company uses the system and expl..
How much should he set aside today for the purchase : The car will cost $54,626 at that time. Assume that Stephen can earn 5.89 percent (compounded monthly) on his money. How much should he set aside today for the purchase?
Vendor is proposing their new equipment : A vendor is proposing their new equipment which would allow you to assemble 2000 widgets per day. What would the new takt time be? Keep two decimal places in your answer.
Calculate the present value of payment option : (a) Calculate the present value of each payment option, assuming the interest rate is 12%. (b) Then, calculate the present values based on an interest rate of 5%. (c) Compare your answers and explain why they are different when the interest rate chan..

Reviews

Write a Review

Business Management Questions & Answers

  Improve the behavior and attitudes of organizational members

Identify processes and methods that can improve the behavior and attitudes of organizational members. Use effective communication techniques.

  Discuss at least three criteria the company should use

Discuss at least three criteria the company should use to decide which of the four listed options is best and the reasons explain why each criterion should be used.

  Advantages and disadvantages of using testing in a selection

To test or not to test - is that the question?  Testing in personnel selection is supposed to be based on technical, ethical and legal requirements. Isn't it?  But what are some of the issues?

  Differences between the uniform commercial code

Discuss the differences between the Uniform Commercial Code

  Problem regarding the full employment gdp

If real GDP is $400 billion, full employment GDP is $500 billion, and the marginal propensity to consume is 0.5, then Congress should decrease taxes by $50 billion. increase taxes by $100 billion.

  Willingness to inflict economic pressure

Define and explain in detail, the factors related to union's bargaining power by its ability and willingness to inflict economic pressure on a target organization?

  Compute the increase in the specific enthalpy

The shaft power delivered by the engine is 26 kW. Compute the increase in the specific enthalpy of the fuel air stream, assuming the changes in kinetic energy and in elevation to be negligible

  What is maximum profit

a. What is your maximum profit? At what point do you reach the maximum profit? What happens as the stock increases in value? b. What is your maximum loss? At what point do you reach the maximum loss? What happens if the stock continues to decrease ..

  How does the ad promote a specific want or need

Identify the type of customer (culture, subculture, lifestyle, values/beliefs, social class, etc.) the ad would appeal to. How does the ad promote a specific want or need? Is the ad effective? Is it persuasive? Why or why not?

  What would be earlie exposure to liability

Also in such a scenario, due to sale of defective products, Singapore operations rack up a liability of 2million dollars. What would be Earlie's exposure to liability.

  Status analysis of the development of a new product

Status analysis of the development of a new product - It is hurricane season in Florida, where three of the developers are located.

  Write about what ethical consumerism means for businesses

Write an analytical business report on what ethical consumerism means for businesses. Choose a company and explain and analyse how they operate ethically

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd