Answer:
1. Suppose Quantity of Apple sold in year one & two = 100Kg.
Price in year 1 = $1.50 per kg
Price in year 2 = $3.00 per kg
Nominal GDP 1 = Price * Quantity = 1.50*100 = $150
Nominal GDP year 2 = 3*100 = $300
Change in Nominal GDP = $150
Percentage change in Nominal GDP = 100%
b. Real GDP of year 1 = Nominal GDP of year 1 = $150
Real GDP of year 2 = 1.50*100 = $150
Change in Real GDP = 0%
2. Quantity of Bread = 100 units price = $ 1 per unit, year 2 price = $ 2 per units
a. Nominal GDP year 1 = 1*100+1.5*100 = $250
Nominal GDP year 2 = 2*100+3*100 = $500
Percentage change in Nominal GDP = 500-250/500 * 100 = 100%
b. Real GDP year 1 = $250
Real GDP year 2 = 1*100 + 1.5*100 = $250
Percentage change in Real GDP = 0%
The percentage change in nominal GDP is 100% and the Change in Real GDP is 0%.
Percentage change in nominal GDP1. Price in year 1
Price in year 1= $1.50 per kg
Price in year 2 = $3.00 per kg
Nominal GDP 1 = Price ×Quantity
Nominal GDP 1 = 1.50×100
Nominal GDP 1 = $150
Nominal GDP year 2 = 3×100
Nominal GDP year 2 = $300
Change in Nominal GDP = $150
Percentage change in Nominal GDP = 100%
b. Real GDP of year 1
Real GDP of year 2 = 1.50×100
Real GDP of year 2 = $150
Change in Real GDP = 0%
2a. Nominal GDP year 1
Nominal GDP year 1 = 1×100+1.5×100
Nominal GDP year 1 = $250
Nominal GDP year 2 = 2×100+3×100
Nominal GDP year 2= $500
Percentage change in Nominal GDP = 500-250/500 ×100
Percentage change in Nominal GDP = 100%
b. Real GDP year 1
Real GDP year 2 = 1×100 + 1.5×100
Real GDP year 2= $250
Percentage change in Real GDP = 0%
Inconclusion the percentage change in nominal GDP is 100%.
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Skills are abilities that you naturally have.
True
False
Answer:
False
Explanation:
Skilles = the ability to do something well; expertise.
Describe the population distribution in Guyana
Type the correct answer in the box. Spell all words correctly.
Which type of facility layout groups similar machines together so that they carry out specific functions?
In the case of a (blank) layout, similar machines are grouped together to carry out specific functions.
Answer:
A process layout groups similar activities together according to the functions they perform.
Explanation:
Answer:
process
Explanation:
Plato/Edmentum
What is moral myopia? Why do you think an advertising professional might experience this phenomenon?
Answer: See Explanation
Explanation:
Moral myopia occurs when someone is unable to clearly see ethical issues. In this case, people decide not to say anything even though they see the unethical behavior of others.
An advertising professional might experience moral myopia in the sense that such person looks away when he or she sees an unethical act because of fear of losing his or her job and also because of fear of losing a customer.
bro r u kidding me smh
Answer: THATS SO F-U-C-K-I-N-G STUP.ID!!!!!!!!! HOW HARD IS IT FOR THEM TO GIVE YOU MORE TIME!!!!!!!!!
Explanation:
Answer:
But from the screenshot it seems like you spent alot of time on ur work, and they still give you an F and D?! That's literally messed up. ur teachers should understand :/
What is the education level of a majority of the Power, Structural, and Technical Systems workers?
associate's degree or vocational school degree
bachelor's degree or apprenticeship
bachelor's degree or master's degree
master's degree or vocational school degree
Answer:
B- Bachelor's degree or apprenticeship
Explanation:
Took the test, gl! :)
Answer:
Bachelor degree
Explanation:
Where would the equllbrillim price be located, and how much is the equllbrillim price?
ANSWER:
Hindi ko Kaya anong grade po ba iyan
Answers:
The equilibrium price is located at the intersection of the supply and demand curves.The equilibrium price is $8=============================================================
Explanation:
Visually, the two curves cross at (x,y) = (60,8) where x is the quantity and y is the price. This is known as the equilibrium.
In the third row of each table, we have the same pair of values $8 and 60 in that exact order. This leads to finding the equilibrium without using the graph.
Something like the first row wouldn't work because the first table shows $2 and 10, while the second table has that same row showing $12 and 10. There isn't a match.
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Extra info (optional section)
If the price is below equilibrium, then suppliers don't have much incentive to produce. This means they'll produce less. At the same time, demand will increase since price and quantity demanded go in opposite directions. Having more people demand for something that's in short supply is known as a shortage. Think of a bunch of people at a mall and there's a mad rush for one very rare item. If people really wanted that item, then they'll outbid each other to raise the price until it reaches some stable point. This idea is applied on a much larger scale.
If the price is above equilibrium, then suppliers will produce too much goods and demand will be lower. In this case, we have surplus and that will lower the cost of the goods eventually assuming there aren't external forces to keep the price afloat. The price will eventually drift down to equilibrium. An example could be that a store has too many coats and it's getting closer to the warmer spring weather, so they heavily discount the coats. Low demand on the large supply of coats lowers the price of those items.
As you can see, the equilibrium price is effectively a game of tug-of-war between the suppliers and consumers (those who demand and purchase a product). It's the middle ground, so to speak, between the two parties.
which part of our body is affected by plogue pose?
Answer:
spine and shoulders are affected
The spine and the shoulders of our body part are mostly affectd by the plogue pose. It stretches our body muscles.
Plow PoseIt is a stretching exercise which keeps your body fit and flexible.
Doing stretching exercise regularly benefits the body mucles and tendons.
The plow pose is a stretching exercise where one positions his/her body upside down and keeps their feet bend over the head.
This pose affects our spine and also our shoulders.
Learn more about "exercise" here :
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