The following individuals are classified as follows:
A factory worker laid off indefinitely during a recession who looking for work in the service industry is considered - Unemployed
Computer technician on vacation is considered - Not in the labor force
A 14-year-old grape picker during the grape harvest is considered -Employed
A banker who quits his job to (unsuccessfully) seek fame and fortune as an actor is considered - Unemployed
A stay-at-home dad is considered - Not in the labor force
A recent college graduate looking for her first job is considered -Unemployed
An auto mechanic without a job who has given up looking for work is considered - Not in the labor force.
In order to group people according to how connected they are to the job market, the words "employed," "unemployed," and "not in the labor force" are used.
People who have a job and have worked at least an hour in the previous week are considered to be employed.People who are out of work, looking for job, and ready to start working are considered to be unemployed.The phrase "not in the labor force" describes those who are neither employed nor actively looking for work. This includes retirees, students, parents who remain at home, and those who have given up seeking for employment.Statistics on the labor force, such as the unemployment rate, which represents the proportion of the workforce that is jobless, are calculated using these categories.
For such more question on unemployed:
brainly.com/question/14999732
#SPJ4
a four-phase project is currently in the middle of the second phase. the project manager has determined that the number of people required to work in this phase was over-estimated. the project manager decides to release two team members from the project. which process is being described? answers a. control resources b. close project or phase c. control procurements d. acquire resources
Aspects of cost management include resource planning, cost estimation, budgeting, and control. Project quality control: Project deliverables and work products must be accurate.
What are a project's five phases?starting, planning, carrying out, keeping an eye on, and managing closure. The four stages of the project management life cycle are beginning, planning, carrying out the project, and finishing it. These phases make up the route that takes your project from the beginning to the end.
What are the four project management phases?You'll go through the same four phases of project management whether you're in charge of creating a website, designing a car, relocating a department to a new location, updating an information system, or just about any other project (small or large): planning, build-up, implementation, and closeout.
To know more about project's phases visit:-
https://brainly.com/question/29996141
#SPJ4
describe the primary differences between the recording of revenues and expenses under accrual-basis accounting versus cash-basis accounting.
When revenue and expenses are recognized, the key distinction between accrual and cash basis accounting is when they occur.
As opposed to the accrual method, which focuses on projected income and expenses, the cash method allows for instantaneous recognition of revenue and expenses. When actual payments are made or received, the cash basis accounting system tracks the revenue and expenses. The timing of the transactions that generate them is not taken into consideration. As opposed to this, accrual accounting keeps track of income and expenses as they happen, without waiting for money to be collected or paid.
For more information of accrual and cash basis accounting, refer to:
https://brainly.com/question/14947252
#SPJ4
which security should sell at a greater price? a. a 9-year treasury bond with an 8.50% coupon rate or a 9-year treasury bond with a 9.50% coupon.
A 9 year Treasury Bond with a coupon rate of 8.5% ought to sell for more money.
A treasury bond is what?Treasury bonds are a particular category of debt instrument that the US Department of the Treasury issues. Treasury bonds are issued with maturities ranging from 10 to 30 years and are one of the safest investments currently accessible.
When the market rate is higher than the coupon rate, will a bond sell at a discount?When the market interest rate is higher than the bond's coupon rate, bonds are offered at a discount. Remember that a bond sold at par has a coupon rate equal to the market interest rate to grasp this idea.
To know more about Treasury Bond visit:-
https://brainly.com/question/29633937
#SPJ4
rising unemployment levels tend to stifle demand for goods and services, which can have the effect of forcing prices downward, a condition known as .
Rising unemployment levels tend to stifle demand for goods and services, which can have the effect of forcing prices downward, a condition known as Deflation
Deflation is a general decrease in costs for labor and products, normally connected with a compression in the stock of cash and credit in the economy. During flattening, the buying force of money ascends over the long run. Flattening causes the ostensible expenses of capital, work, merchandise, and administrations to fall, however their general costs might be unaltered. Deflation has been a well known worry among financial experts for quite a long time. All over, emptying benefits customers since they can buy more labor and products with a similar ostensible pay after some time.
Be that as it may, not every person wins from lower costs and business analysts are much of the time worried about the results of falling costs on different areas of the economy, particularly in monetary issues. Specifically, collapse can hurt borrowers, who can will undoubtedly pay their obligations in cash that is worth more than the cash they acquired, as well as any monetary market members who contribute or hypothesize on the possibility of rising costs.
Know more about Deflation - https://brainly.com/question/14369593
#SPJ4
an american company enters the mexican market by sharing ownership of a subsidiary firm with a mexican company. this is an example of a(n) .
An American company enters the Mexican market by sharing ownership of a subsidiary firm with a Mexicans company. This is an example of an Joint Venture.
A joint venture is a commercial arrangement wherein two or more parties or companies concur to combine their resources in order to carry out a certain activity. New projects or any other commercial endeavours may be included in this duty. Any gains, losses, or expenses incurred by a joint venture are shared equally by all of its members.
Although distinct from the partners' other economic interests, the venture is nonetheless its own legal company. Even though a joint venture is often created for manufacturing or research purposes, one can also be set up for ongoing goals. Large and small businesses can join forces through JVs to work on one or more projects and business transactions.
Learn more about Venture here:
https://brainly.com/question/29511571
#SPJ4
y'all anyone have any name ideas for a brand for race cars
im kinda lost right now so any suggestions would be cool I could start from there and evolve
Answer:
turbo rush
Explanation:
When measuring population sizes for purposes of apportioning representatives in the house, each slave would count as three fifths of a person. this concession to slave states is now known as the __ compromise.
When measuring population sizes for purposes of apportioning representatives in the house, each slave would count as three fifths of a person. This concession to slave states is now known as the Three-Fifths compromise.
What is the Three-Fifths Compromise?Compromise reached by delegates from the Northern and Southern states at the US Constitutional Convention, sometimes known as the "three-fifths compromise" (1787) In order to measure a state's overall population for legislative representation and taxation, it was determined that three out of every five slaves were counted.
The three-fifths compromise was a crucial component of the constitutional negotiations. Without this provision, it would have been challenging to convince southern states to ratify the treaty, decreasing the likelihood that a single United States would have been established.
Here to learn more about The three-fifths compromise:
https://brainly.com/question/1982975
#SPJ4
janet maple sold her apple orchard in 2020 for $80,000. her adjusted basis at the time of sale was $60,000. she bought the orchard in 2013, but the trees did not produce a crop until 2016. her pre-productive expenses were $6,000. she elected not to use the uniform capitalization rules. janet must treat what amount of the gain as ordinary income?
Janet must treat what amount of the gain as ordinary income is $14,000.
What is ordinary income?Ordinary income refers to income that is taxed at the same rate as regular taxable income, as opposed to capital gains, which are taxed at a lower rate. Ordinary income includes a wide range of sources, including wages, salaries, tips, bonuses, and taxable interest income. It also includes certain types of business income, such as sole proprietorship profits and income from passive activities.
In general, ordinary income is taxed at higher rates than capital gains because it is considered to be a more stable and reliable source of income. These expenses are considered capital expenses and can be added to the adjusted basis of the property to determine the gain or loss from the sale of the property.
The calculation for Janet's gain would be as follows:
Sale price ($80,000) - adjusted basis ($60,000 + $6,000) = $14,000
To know more about ordinary income visit:-
brainly.com/question/16944518
#SPJ4
What are the 3 forms of imperialism?
Imperialism is the outcome of a variety of factors, including to varied degrees economic pressures, human aggression and greed, the quest for fame and power, nationalistic sentiments, and humanitarianism.
What are three advantages of imperialism?There were new modes of transportation like rail, road, sea, and air. New cultures, faiths, and ways of life have all been introduced. The countries of the imperialists benefited from a cheap, productive workforce. Better farming practices led to an increase in food output.
What three factors led to the new imperialism?The development and adoption of a new theory—Social Darwinism—as well as technological advancements gave rise to the New Imperialist Age, which was fueled by economic, military, political, humanitarian, and religious factors.
To know more about Imperialism visit :-
https://brainly.com/question/575957
#SPJ4
in germany, one concern retailers have is ensuring that cash drawers have enough money to make change when consumers make purchases. one company went so far as to use a computerized model that monitored the weight of the cash drawer and signaled a need for replenishment. this is such a concern because consumers typically use cash to make purchases, which differs from other countries, such as the united states, where credit card use is more common. which cultural value does this illustrate?
This practice illustrates the cultural value of risk management in Germany, where retailers take measures to minimize the risk of running out of cash and being unable to make changes for customers.
In Germany, one of the concerns that retailers have is ensuring that they have enough cash on hand to make changes when consumers make purchases. This is a significant concern because consumers in Germany typically use cash to make purchases, rather than credit cards, which is more common in other countries such as the United States. In order to mitigate this risk, one company has implemented a computerized model that monitors the weight of the cash drawer and signals a need for replenishment. This approach to risk management highlights the cultural value placed on being prepared and avoiding potential disruptions to business operations. By ensuring that there is always enough cash available to make a change, retailers can maintain a high level of customer service and avoid the inconvenience and embarrassment of having to turn away customers or ask them to come back later. This cultural value of risk management is reflected in the proactive measures taken by this company, demonstrating the importance placed on being prepared and avoiding potential problems.
To know more about risk management, visit: https://brainly.com/question/4680937
#SPJ4
under which of the following situations is a strategy for the timing of deductions most beneficial? (check all that apply.) multiple select question. when the transaction is small when tax rates are high when tax rates are low when the transaction is large when the taxpayer is earning a high rate of return when the taxpayer is expecting to be taxed at a higher rate in the future when tax deductions can be accelerated without accelerating the cash outflow
When tax deductions can be accelerated without accelerating the cash outflow is a strategy for the timing of deductions most beneficial. Thus option D is correct.
What is the timing of deductions?The timing of the deductions will be termed as the process where the information or the date will be processed in the given span of time. The commencement will be the start date and the end date will be the due date.
Because the deduction or the deduction year for cash-method taxpayers depends on when the taxpayer pays the amount, the timing technique is very advantageous for them. Therefore, option D is the correct option.
Learn more about timing of deductions, Here:
https://brainly.com/question/14313572
#SPJ1
an announcement of a finding that vaping diminishes people's ability to think clearly will most likely result in: group of answer choices an increase in the quantity of vapes demanded. a decrease in the demand for vapes. no change in vaping habits. an increase in the price of vapes.
An announcement of a finding that vaping diminishes people's ability to think clearly will most likely result in a decrease in the demand for vapes.
In the term of economic market, supply and demand generally can be defined as an economic model of price determination in a market. There are several factors that affect through the supply and demand. There are taxes and government regulation, economic cycles, the market power of suppliers, the availability of substitute goods, can all shift the supply or demand curves or alter their shapes.
Here you can learn more about supply and demand https://brainly.com/question/14741584
#SPJ4
england, inc., has net sales of $120 million during the year and accounts receivable balances of $8 million and $7 million at the beginning and the end of the year, respectively. england's average days accounts receivable are outstanding is
To calculate the average days accounts receivable are outstanding, you need to determine the average accounts receivable balance during the year and divide it by the net sales per day.
England, Inc. has net sales of $120 million during the year and accounts receivable balances of $8 million and $7 million at the beginning and the end of the year, respectively. To calculate the average days accounts receivable are outstanding, you first need to determine the average accounts receivable balance during the year. This can be done by taking the average of the beginning and ending accounts receivable balances, which is $7.5 million. Then, divide this by the net sales per day, which is calculated as $120 million divided by 365 days, or $327,673.97.
Average accounts receivable = ($8 million + $7 million)/2 = $7.5 million
Net sales per day = $120 million/365 days = $327,673.97
Average days accounts receivable are outstanding = $7.5 million/$327,673.97 = 22.92 days
So, England, Inc.'s average days accounts receivable are outstanding is 22.92 days.
learn more about receivable balances at:
brainly.com/question/13031017
#SPJ4
true or false: most social media marketing experts believe that you should design a marketing campaign, then explore the social media tools available in platforms.
False, The majority of social media marketing gurus don't think you should create a marketing campaign without looking into the platforms' social media features.
To get the word out about items, advertising campaigns use a variety of media, including print, radio, television, and online platforms. Along with standard advertising, campaigns can also make use of demonstrations, video conferencing, and other interactive techniques. Franchisees and businesses that face intense competition on the market may often engage in marketing campaigns and invest significant financial resources in order to raise brand recognition and increase sales. Marketing campaigns are groups of tactical operations that aid a company in achieving its goal. In a marketing campaign, an advertisement for a good or service, a product, or the brand as a whole may be employed.
To learn more about marketing campaign refer here:
https://brainly.com/question/28590454
#SPJ4
an economy can produce either guns or butter with all available resources. suppose it currently produces all butter and it chooses to produce some guns, thereby giving up some production of butter. as a result, the first 200 units of guns are produced at the cost of only 50 units of butter. not surprisingly, the next 200 units of guns are produced at the cost of 150 units of butter and the last 200 units of guns at the cost of 300 units of butter. what does this describe? multiple choice question. the law of increasing opportunity costs. the notion that the production between guns and butter is a 1 to 1 ratio. the law of decreasing opportunity costs. the law of equal opportunity costs.
The opportunity cost to manufacture an additional good will rise as you expand the production of one good, according to the law of increasing opportunity cost.
What is Law of increasing opportunity cost ?First, keep in mind that opportunity cost, or what is given up when a decision is taken, is the worth of the next-best alternative.
An economic principle known as the law of growing opportunity cost states that when resources are allocated to the production of each new alternative unit, opportunity costs rise. This may happen when businesses with limited resources must decide between producing two different products.
According to the law of growing opportunity cost, as an economy progresses along its production possibilities curve toward producing more of a specific good, the potential cost of increased production will rise.
Learn more about Opportunity Cost here
https://brainly.com/question/24124905
#SPJ1
an example of infrastructure is/are: a corporate stock. b government bonds. c a shopping mall. d the water supply system. e a new sports stadium.
An example of infrastructure is d. the water supply system.
A community or society's basic systems and facilities, such as roads, bridges, water supply systems, power grids, and communications networks, are referred to as infrastructure. These systems serve as the cornerstone for the efficient operation of other societal components, such as enterprises, residences, and public services.
The alternative choices, especially corporate stock, represent ownership in a business but usually do not count as infrastructure. Government bonds are financial products that the government issues to raise money, but they are not frequently considered to be infrastructure. A shopping mall is a type of commercial construction that offers places for shopping and entertainment, but it is not usually considered infrastructure. Although it is a recreational facility, a brand-new sports stadium is not normally considered infrastructure.
Read more about infrastructure on:
https://brainly.com/question/14237202
#SPJ4
assume that in january 2020, the average house price in a particular area was $274,000. in january 1994, the average price was $180,000. what was the annual increase in the price of the average house sold? (do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
The Annual Increase in the selling price is 0.0163 or 1.63% (approx)(rounded off).
Annual Increase = [tex](\frac{Ending value}{Initial value})^{\frac{1}{n}} -1[/tex]
Where Ending Value = $274000, Initial Value= $180000, 'n' is the number of years = 26 years (i.e., From Jan 1994 to Jan 2020)
Annual Increase =([tex](\frac{274000}{180000} )^{ \frac{1}{26} } -1[/tex]
Annual Increase+1 = [tex](1.522222)^{\frac{1}{26} }[/tex]
Multiply both sides with the log
Log(Annual Increase+1) = Log[tex](1.522222)^{\frac{1}{26} }[/tex]
Log(Annual Increase+1) = [tex]\frac{1}{26}[/tex] log(1.522222)
Log(Annual Increase+1) = [tex]\frac{1}{26}[/tex]* 0.420171
Log(Annual Increase+1) = 0.016160
(Annual Increase+1) = 1.016291
Annual Increase = 1.016291-1= 0.016291
The average annual growth rate (AAGR) is the common increase or lower in the cost of an investment asset, portfolio, or cash flow over a special period of time. The AAGR is determined by using taking the numerical mean of unique yr-on-yr boom fees.
Increased costs are used to express the annual change in a variable as a percentage. An effective increase rate shows a variable is increasing through the years; a bad boom rate indicates that it's far decreasing. increase charges may be beneficial in assessing an organization's overall performance and predicting destiny's overall performance.
Annual percent charge (APR) refers back to the every-year hobby generated by a sum that is charged to debtors or paid to buyers. APR is expressed as a percentage that represents the real yearly price of the budget over the time period of a loan or profits earned on an investment.
To learn more about Annual percent charge (APR) visit here:
brainly.com/question/29201564
#SPJ4
what is the present value of the following uneven cash flow stream discounted at a rate of 6.25%? year 1 $75 year 2 $225 year 3 $0 year 4 $300 $480.03 $411.57 $505.30 $433.23 $456.03
The following irregular cash flow stream has a present value of $1,601.12 after being discounted at a rate of 6.25%.
To calculate the present value of this uneven cash flow stream, we need to discount each cash flow back to its present value using a discount rate of 6.25%, and then sum up the present values.
Here are the calculations:
Year 1 cash flow: $75 discounted back one year at a rate of 6.25% has a present value of $70.31 (PV = $[tex]75 / (1 + 0.0625)^1)[/tex].
Year 2 cash flow: $225 discounted back two years at a rate of 6.25% has a present value of $198.38 (PV = $225 / [tex](1 + 0.0625)^2[/tex]).
Year 3 cash flow: $0 has a present value of $0, since it is already in the present.
Year 4 cash flow: $300 discounted back four years at a rate of 6.25% has a present value of $214.20 (PV = $300 / [tex](1 + 0.0625)^4[/tex]).
Year 5 cash flows: $480.03, $411.57, $505.30, and $433.23 are all discounted back five years at a rate of 6.25%.
They have present values of $320.06, $274.26, $336.57, and $288.34, respectively (PV = CF / [tex](1 + 0.0625)^5[/tex]).
To find the total present value, we add up the present values of each cash flow:
Total PV = $70.31 + $198.38 + $0 + $214.20 + $320.06 + $274.26 + $336.57 + $288.34
= $1,601.12
For such more question on cash flow
https://brainly.com/question/24179665
#SPJ4
if a company closes any underapplied or overapplied manufacturing overhead to the cost of goods sold account, then cost of goods sold will be debited if manufacturing overhead is overapplied for the period.
credited to or charged to the cost of the products sold. The Cost of Goods Sold is typically charged or credited for the under- and over-applied production overhead at year-end.
What happens when manufacturing overhead is overapplied to cost of products sold?When overhead has now been overapplied, the correct accounting procedure is to credit the cost of items sold and debit the manufacturing excess cost pool in the amount of both the overapplication. By doing this, the true amount of overhead expended is passed through as a cost of goods sold.
What occurs if manufacturing is not applied properly?Manufacturing overhead is underapplied if there is a debit balance, which understates the cost of items sold as a result. The correcting entry is as follows: If product costs has a balance due, the overhead has been overapplied and the resulting cost of goods sold amount has been inflated.
To know more about Cost of Goods Sold visit:
https://brainly.com/question/14866200
#SPJ4
three advertising executives have decided to start their own business. they will each invest the same amount to get the business started and plan to split profits evenly among themselves. they would like limited liability and would like to avoid double taxation. which type of business ownership would best suit their needs?
Three advertising executives have decided to start their own business. they will each invest the same amount to get the business started and plan to split profits evenly among themselves. A Limited Liability Company business ownership would best suit their needs.
A Limited Liability Company is a blended legal entity that combines elements of business, partnerships, and sole proprietorships. Different from a corporation, an LLC is a kind of unincorporated association. An LLC's main similarity to a corporation is its limited liability, while its main similarity to a partnership is the option of pass-through income taxes.
A Limited Liability Company might work effectively for businesses with a sole proprietor since it is frequently more adaptable as a business structure than a corporation. In the US, limited liability companies (LLCs) are a form of business structure that combines the advantages of corporations and partnerships. While retaining the limited liability status of corporations, limited liability firms can benefit from the flexibility and flow-through taxation that pairs and self - employed individuals provide.
Learn more about Business here:
https://brainly.com/question/26106218
#SPJ4
lishia is a home builder. how would you characterize the cost of the discounts she offers to customers who buy before the house is finished?
Option c: Period cost. Periodic charges are charges that aren't immediately associated with the manufacturing process.
Period charges are charges that can't be capitalized on a company's stability sheet. That is, they're expensed withinside the duration wherein they're incurred and seem at the profits statement.
Periodic costs are also known as recurring costs.
In operations and costing, period costs refer to costs that are not related to or related to the production of inventory.
Examples include selling expenses, general and administrative expenses (SG&A), marketing expenses, CEO salaries, and office rental expenses.
Costs are recognized as expenses in the period in which they are incurred, as they are not related to the production of inventory.
In other words, all costs not incurred in manufacturing a product (product cost) are period costs.
To know more about period costs, here;
https://brainly.com/question/29590425
#SPJ4
Complete question:
Lishia is a home builder. How would you characterize the cost of the discounts she offers to customers who buy before the house is finished?
Group of answer choices
Direct Cost
Product Cost
Period Cost
Fixed Cost
in a free market society, the answer to the question about how much to produce is determined by —
The response to the question of how much to create in a free market system is decided by consumer demand.
Why is it called a free market?The terms of trade, or prices, are established at every stage through the voluntary exchanges of suppliers with demanders. This market is "free" because decisions are made voluntarily and freely at every stage. Consumers have access to products from all over the world thanks to the free market and also the free price system.
Which five examples best describe a free-market economy?Hong Kong, Singapore, New Zealand, Canada, Switzerland, the Netherlands, the United Kingdom, Canada, and Ireland are a few economies that are typically viewed as having a free market. However, ratings of economic liberty differ depending on who is conducting the ranking.
To know more about free market visit:
brainly.com/question/14377149
#SPJ4
she has determined that compatibility with the ehr is four times as important as vendor investment in research, and that ease of use is threetimes as important as compatibility. what are the relative (normalized) weights of the three attributes? start by assigning a weight of 10 to vendor investment in research. compute weights to two decimal places.
The relative (normalized) weights of compatibility with the EHR, ease of use, and vendor investment in research are 0.24, 0.71, and 0.06, respectively, to two decimal places.
What are the relative weights of the three attributes?Let's call the weights for compatibility with the EHR, ease of use, and vendor investment in research, W1, W2, and W3, respectively. We know that:W1 = 4 * W3W2 = 3 * W1So we can substitute the first equation into the second equation to get:W2 = 3 * 4 * W3 = 12 * W3If we assign a weight of 10 to W3, the weight of vendor investment in research, we can solve for W1 and W2:W3 = 10W1 = 4 * W3 = 4 * 10 = 40W2 = 12 * W3 = 12 * 10 = 120Now that we have found the weights for each attribute, we need to normalize them to ensure they add up to 1. To do this, we divide each weight by the sum of the weights:W1 = 40 / (40 + 120 + 10) = 40 / 170 = 0.24 \sW2 = 120 / (40 + 120 + 10) = 120 / 170 = 0.71\sW3 = 10 / (40 + 120 + 10) = 10 / 170 = 0.06So the relative (normalized) weights of compatibility with the EHR, ease of use, and vendor investment in research are 0.24, 0.71, and 0.06, respectively, to two decimal places.To learn more about normalized weights refer:
brainly.com/question/28507971
#SPJ1
which of the following statements are true about short selling? check all that apply: short sellers borrow securities and sell them immediately. the investor involved in short selling anticipates that the share price will increase. short selling is the sale of a security that is not owned by the seller. the investor involved in short selling anticipates that the share price will fall. short selling means that an investor purchases securities using funds borrowed from her broker.
The following statements are true about short selling:
short sellers borrow securities and sell them immediately.The investor involved in short selling anticipates that the share price will fall.Short selling is the sale of a security that is not owned by the seller.What is short selling?Short selling is a trading strategy in which an investor sells securities that they have borrowed from a broker, with the expectation that the price will fall. The goal is to buy back the securities at a lower price, return the borrowed shares to the broker, and pocket the difference as profit. It is a way for investors to bet against a stock or other security and profit from a decline in its price.
When the price drops, the investor buys the same number of shares at the lower price and returns them to the broker. The profit is made from the difference between the higher sale price and the lower purchase price.
To know more about short selling, visit:
https://brainly.com/question/30431201
#SPJ4
the nation of potchatoonie produces hockey pucks, cases of root beer, and sandals. the following table provides data on prices and quantities of the three goods in the years 2017 and 2020. year pucks root beer sandals quantity price quantity price quantity price 2017 100 $5 300 $20 75 $20 2020 125 $9 325 $20 110 $25 instructions: enter your responses as whole numbers. assume that 2017 is the base year. find nominal gdp and real gdp for both years. year nominal gdp real gdp 2017 $ $ $ $ 2020 $ $ $
Nominal GDP is the value of all goods and services produced in an economy in current prices, without adjusting for inflation. Real GDP, on the other hand, is the value of all goods and services produced in an economy in constant prices, adjusted for inflation.
To calculate nominal GDP, we multiply the quantity of each good produced by its corresponding price in the year being considered.
For 2017:
Nominal GDP = 100 hockey pucks * $5/puck + 300 cases of root beer * $20/case + 75 sandals * $20/sandal = $4500
For 2020:
Nominal GDP = 125 hockey pucks * $9/puck + 325 cases of root beer * $20/case + 110 sandals * $25/sandal = $6250
To calculate real GDP, we use the prices of a base year (usually the first year of the period being considered) to value all the goods and services produced in the current year. In this case, we'll use 2017 prices.
For 2020:
Real GDP = 125 hockey pucks * $5/puck + 325 cases of root beer * $20/case + 110 sandals * $20/sandal = $6750
From this, we can see that the nominal GDP has increased from $4500 in 2017 to $6250 in 2020, while the real GDP has increased from $4500 in 2017 to $6750 in 2020, after adjusting for inflation.
In conclusion, while nominal GDP reflects the value of goods and services produced in current prices, real GDP adjusts for changes in the purchasing power of money over time and provides a more accurate representation of the economy's overall production.
To know more about inflation:
https://brainly.com/question/29308595
#SPJ4
as you move through your payment schedule on an amortized loan, what will happen to the interest portion of each month’s payment?
A greater portion of each minimum bill goes toward loan interest at the start of your amortization schedule.
What do bank payment information mean?Your bank could also require the following facts in addition here to customer's name, sort code, and account number: their location. A word or number of identification is frequently needed to pay bills. the name and location of the bank to which you are sending the funds.
What sort of payment is made online?You can make a payment online using the internet. Buyers will utilize this method of payment whether they are making in-person or online purchases. These include prepaid card cards, wire transfers, money transfer, and digital wallets, among other sorts of online payment options.
To know more about Payment visit:
https://brainly.com/question/15136793
#SPJ4
Which section of the adjusted trial balance is used to help prepare the income statement?
The income and expenses from the section of the adjusted trial balance will be moved into the relevant column in the section of the income statement. The asset, liability, and equity accounts—with the exception of revenues and expenses—are all included in the balance sheet section.
You can generate an income statement using data from the trial balance's revenue and expense account sections.
The Best Way to Create an Income Statement
Please print the trial balance. Access your accounting program and print a trial balance for the end of the period. Find out your total revenue or sales, calculate your cost of goods sold, calculate your gross profit, find out your operating costs, and then figure out your net income or loss.
To know more about trial balance here
https://brainly.com/question/24914390
#SPJ4
how do uninsured populations access medical care? a) through a special branch of the va b) through safety net providers c) via a federally mandated fund funded by contributions from hmos d) medical services for the uninsured are underwritten by pharmaceutical companies that manufacture the drugs they are prescribed.
Numerous individuals lacking access to health insurance are treated by safety net providers, such as government public hospitals, outpatient centers, rural district hospitals, and municipal health departments.(B) IS THE RIGHT CHOICE.
Describe the healthcare industry's four main problems?
Large-scale issues facing the healthcare sector today
Threats to computer security.
Introduction of telehealth.
Billing and reimbursements
Prices Must Be Transparent.
IT investments in the healthcare industry.
encounters with patients.
Payment models that work.
Lack of Medical Personnel
What prevents people from getting the medical care they need?
Access to healthcare in the US is hampered by five major factors.
inadequate insurance coverage
Healthcare is frequently insufficient as a result of insurance issues.
limitations of medical personnel.
bigotry and discrimination within the nursing industry.
obstacles relating to employment and commuting.
physician communication problems.
To know more about government click here
brainly.com/question/6692596
#SPJ4
what is the principal portion of the 222nd payment of a fully amortizing $250,000, 30-year fixed rate loan with an interest rate of 4.825 percent? multiple choice $562.38 $1,315.44 $753.07 $565.29
The principal principal portion of the 222nd payment of a fully amortizing $250,000, 30-year fixed rate loan with an interest rate of 4.825 percent is $753.07.
What is a fixed rate loan?A loan with a fixed interest rate means that the interest rate will not change for the duration of the loan's fixed rate period. Because of this, the borrower can precisely predict their future payments.
A fixed rate of interest is the most popular type of interest for customers because it is simple to calculate, understand, and consistent. The borrower and lender are both aware of the specific interest rate obligations associated with a loan or credit account.
Loan amount = $250,000, and
The term of the loan = 30 years.
Interest = 4.825% annually.
Monthly rate = Annual rate / Number of months in a Year = 4.825% / 12
Principle portion of payment (PPMT)
= PPMT(4.825%/12,222,360-250000)
= $753.07
Therefore, the third option, $753.07 is the correct answer.
To learn more about fixed rate loan, click here:
brainly.com/question/24040386
#SPJ1
assume nitrogen costs $0.40 per pound and corn price is $4.00 per bushel. what is the profit maximizing amount of corn to produce?
Corn costs $4.00 per bushel, whereas nitrogen costs $0.40 per pound. The amount of grain to be produced to maximize profits is $3.00.
What is the amount that maximizes profit?All companies optimize their profits when their marginal cost and marginal product are equal. Making marginal revenue equal to zero, which happens at the maximum output level, reveals the quantity and price that maximize profitability. The selling price should be set at this amount. Marginal revenue equals 0 when the total revenue curve achieves its maximum value. An example is a regularly scheduled airline flight.
According to the formula profit = Total revenue - Total expense, profit is determined. When the first order, MR = MC, and the second order depend, a business maximizes profit.
To know more about profit maximizing amount visit:-
brainly.com/question/28253283
#SPJ4