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
Borrower Noah is getting a $200,000, fixed-rate, 30-year loan at 5% interest to purchase a condominium. The monthly payment of principal and interest is $1,073. Property taxes for this property are $3,900 per year. An annual homeowner's insurance policy is $864. The monthly condo association fee is $180. What is Noah's monthly PITI payment
Answers
Noah's monthly PITI payment is $1,470.
What is the PITI payment?The PITI payment represents the periodic payment (monthly) that a borrower is required to make for principal repayment, interest payment, taxes, and insurance payments.
The PITI should not exceed 28% of a borrower's gross monthly income when the front-end and back-end ratios are computed for determining the borrower's eligbility for a loan.
Fixed-rate loan = $200,000
Loan period = 30 years
Interest rate = 5%
Monthly payment of principal and interest = $1,073
Property taxes per year = $3,900
Monthly property taxes = $325 ($3,900 ÷ 12)
Annual homeowner's insurance premium = $864
Monthly homeowner's insurance premium = $72 ($864 ÷ 12)
Monthly PITI (principal, interest, taxes, and insurance) = $1,470 ($1,073 + $325 + $72)
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a trade ______ occurs when imports exceed exports.
Answers
Answer:
goes good and you could get stuff out of it
Eva is 29 years old and has 2 children, ages 3 and 5. She makes $48,500 a year. Eva decides to buy a $400,000 10-year term policy and then renew the policy for another ten years afterwards. To renew the policy the insurance company charges an extra 40% to her premium rate. Given the options below, assess whether Eva made a wise decision. Annual life insurance premium (per 1,000 dollars of face value) for age 29. A 20-year term for male is 7 dollars and 84 cents, and for female is 6 dollars and 62 cents. 20-year term: for male is 10 dollars and 40 cents, female is 9 dollars and 4 cents. Whole life: male is 20 dollars and 5 cents and female is 18 dollars and 63 cents. A. Eva would have been better off selecting the 20-year term policy. B. Even with the extra charge for renewal, Eva’s plan is the least expensive. C. Given that Eva plans to renew, she should have selected the whole life policy. D. Eva ends up paying the same amount for each policy. Please select the best answer from the choices provided A B C D.
Answers
The best answer from the answer choices that were provided is that even with the extra charge for renewal, Eva's plan is the least expensive.
From the question, Eva is 29 and has two kids of 3 and 5. Her plan is to get the $400000 and renew it for another 10 years.
The renewal policy after 10 years is 40%, at the moment, her financial condition seems okay.
But given that the future can not be predicted and her kids are still growing, we are not sure what her finance may be like in 10 years time.
So we can agree with option B. This is a sensible decision.
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Which of the following transactions would decrease cash?
A.Capital investment by the owner
B.Payments to creditors
C.Cash sales
D.Payments received from debtors
Answers
Answer:
B. Payments to creditors
The salary at the new job is a(n). The benefits at the job are a(n). The job’s location is a(n). The potential for job satisfaction is a(n).
Answers
There are different kinds of employment benefits. The answers to the questions are;
The salary at the new job is an advantage The benefits at the job are an advantage The job's location is an advantageThe potential for job satisfaction is an advantageThere are different benefits from finding a good job. They include insurance in both medical, life, dental etc., vacation pay, holiday pay, maternity leave, bonuses etc.
Getting a good Job that has a good pay and very close to one's residence is very important as it will reduce your cost of spending.
See full question below
Keisha has received an offer for a job that pays a higher salary than her current job. It also offers health insurance for all the members of family. The new job is a distance from her home and will require a long commute, which will take her away from her family for many hours of the day. In addition, it provides the promise of advancement and future opportunities at that company. The salary at the new job is a(n) . The benefits at the job are a(n) . The job’s location is a(n) . The potential for job satisfaction is a(n) .
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Answer:
The salary at the new job is a(n)
✔ advantage
.
The benefits at the job are a(n)
✔ advantage
.
The job’s location is a(n)
✔ disadvantage
.
The potential for job satisfaction is a(n)
✔ advantage
what is the internet
Answers
Answer:
the internet is a vast network that connects computers all over the world.
Explanation:
says the internet
when john maynard keynes said, in the long run we are all dead, what serious economic point was he making?
Answers
Answer: that we need to focus on the present and the now because the outcome is always the same
Explanation:
write any three types of continuous series??
Answers
Answer:
Exclusive series- Series in which every class interval excludes items corresponding to its upper limit.
Inclusive series- Series which includes all items up to their upper limit.
Open-end series- Series in which the lower limit of the first class interval and/or the upper limit of the last class interval is missing.
ARIBA network may not work as a B2C as opposed to B2B,
Answers
It is true to say that the ARIBA network may not function as B2C as opposed to B2B, as ARIBA is a business network focused on Business to Business (B2B) where buyers and suppliers can collaborate.
The advantages of companies participating in the ARIBA network are:
CollaborationOpportunitiesRelationshipTherefore, buyers have the advantages of greater management of the acquisition process and control of expenses, building an effective supply chain.
And suppliers increase cash flow, simplify the sales process and increase customer satisfaction.
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The ABC Corporation has a long-standing policy of maintaining a dividend payout ratio of 45%. ABC's net income for the year is $12 million, and there are 8 million shares of common stock outstanding. After a 3:2 stock split, the annual dividend per share is
Answers
Based on the information given the annual dividend per share is $0.45.
Distribution of net income to common shareholders:
Amount available for common shareholders=45%×$12 million
Amount available for common shareholders =$5,400,000
Number of shares:
Shares=(8 million shares × 3)/2
Shares= 24 million shares/2
Shares = 12 million shares
Annual dividend per share:
Annual dividend per share=$5,400,000/12 million shares
Annual dividend per share=$0.45
Inconclusion the annual dividend per share is $0.45.
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4. The three general categories of responsibilities of the financial manager are (1 point)
O cash-flow management, financial control, and financial planning.
O financial planning, accounting, and government tax reporting.
O government tax reporting, cash-flow management, and financial control.
O accounting, cash-flow management, and government tax reporting.
Answers
Answer:
A
Explanation:
A: Cash-flow management, financial control, and financial planning. Hopefully this helped
The three general categories of responsibilities of the financial manager are cash-flow management, financial control, and financial planning. Therefore option A is correct.
What is cash-flow management?The act of tracking, evaluating, and maximizing the difference between cash receipts and cash outlays can be summed up as cash flow management for businesses. For any organization, net cash flow is a crucial indicator of financial health.
Poor cash flow management is one of the main causes of business failure. You have a cash flow issue if your business consistently spends more money than it brings in.
Developers frequently have cash flow issues in the extremely cyclical real estate development industry. Both the initial capital expenditure and continuous operational cash outflows for property development are sizable.
Therefore option A is correct.
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how to unclog a toilet
Answers
Answer:
Use a plunger
Explanation:
Plumber for 45 Years
Juls.
Maria has started a lawn care service about a year ago. She did
good work and her customers spread the word. Sales are
increasing quickly! What stage of the product life cycle is
described in this example?
O Introduction
O Growth
O Maturity
O Decline
Answers
Answer:
your answer to this i belive would be growth
Explanation:
Annual percentage rate (APR) is:
A. a yearly fee charged on a credit card.
B. the total cost of a loan per year, expressed as a percentage.
C. the interest rate on a loan expressed as a percentage.
D. an interest rate that compounds yearly.
SUBMIT
Answers
Answer:
B.The total cost of a loan per year expressed as a percentage
Consider the different steps of the Waterfall and Agile project management approaches and consider the benefits of each one. Then, reflect on a project that you recently completed. Write 5-10 sentences on which approach you would use choose if you were starting it from scratch, and why.
Answers
The waterfall project management approach aims to make the project flow continuous through the phases:
Requirements analysisProjectImplementationIntegrationVerificationMaintenanceIn the Agile approach, there are four fundamental principles for creating value, which are:
Individuals and interaction about processes and tools.Job software with comprehensive documentation.Customer collaboration in contract negotiation.Responding to change by following a plan.The benefits of each of these management approaches are to generate value in the internal and external environment, through greater adaptation to rapid social, economic and technological demands, and through the improvement of quality.
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PLEASEEEE HELP The Supplemental Poverty Measure differs from the official poverty measure in a number of ways. What is one particular difference between the two?
(1 point)
O The Supplemental Poverty Measure includes cash income, while the official poverty measure does not.
O
The official poverty measure includes nonmonetary benefits like housing subsidies and tax credits, while the Supplemental Poverty
Measure does not.
O
The Supplemental Poverty Measure includes nonmonetary benefits like housing subsidies and tax credits, while the official poverty
measure does not.
O The official poverty measure includes cash incomes, while the Supplemental Poverty Measure does not.
Answers
The Census Bureau of U.S. started publishing SPM in 2011.SPM includes the non-monetary benefits, while official poverty measure does not.
What is Supplemental Poverty Measure(SPM) and how it is measured?The U.S. Census Bureau from 2011 stared publishing SPM which shows the poverty measure taken by government to aid/provide assistance to the people below poverty line that are not included in official poverty measure.
SPM income is measured by cash income plus benefits in kind by the government. So it can be said the SPM includes non-monetary benefits like tax credit, house subsidies, food stamps, but the official poverty measure does not.
Therefore, it can be said that option 3 aptly describes the Supplemental Poverty Measure.
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Suppose that a steel manufacturer headquartered in Japan sets up a subsidiary in Canada to produce steel. This practice is referred to as:
Answers
PLEASE PLEASE PLEASE HELP !!
Answers
Answer:
box 1 box 3 and box 5 try that of not im sorry
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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If unemployed workers decide to stop looking for a job and instead enroll in further education, how will the number of employed workers and the unemployment rate change
Answers
The number of employed workers will not change and the unemployment rate will decrease.
The number of employed workers will not change reason being that non was employed because the unemployed workers has enroll in further education. Hence the number of employed workers will remain the same.
On the other hand the unemployment rate will decrease or decline based on the fact that the unemployed workers are no longer looking or searching for job but has rather enroll in further education.
Inconclusion the number of employed workers will not change and the unemployment rate will decrease.
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Which organization, whose launch responded to the emergence of television as the leading medium of advertising, rose to fame in the mid-1950s
Answers
Answer:
The Non-profit Television Bureau for Advertising
Explanation:
At the planned output level, short-run average total cost equals long-run average total cost, but at all other points, short-run average total cost is higher than long-run average total cost. Group startsTrue or False
Answers
Answer:
The correct answer is True
A whole supermarket shelf of snack food bags is marked, "Frito-Lay." This is an example of a(n)
brand.
a. co brand
b. individual
c private
d. wholesale
e. family
Answers
A server finds a full napki-lined basket of dinner rolls on a table after a costumer has left the establishment. According to the FDA food code, what should the server do with the rolls and napkins
Answers
Answer:
throw them out
Explanation:
food can become contaminated you cannot re-serve to another customer
If such a situation should occur where the server finds dinner rolls after the customer has left, the appropriate thing to do is to remove the napkin from the basket and discard the rolls.
FDA food codes were made to reduce the risk of food being contaminated so as to reduce health risks to others.
When a server find a napkin lined basket with dinner rolls, they should remove the napkin and replace it with another in the basket. They should also discard the rolls instead of offering it to someone else as the rolls could be contaminated.
In conclusion, the server should remove the napkin and discard the rolls.
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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
Put the following items in order from most expensive to least expensive. Item Base Price Change Direction Toaster $23. 35 36% Markup DVD $20. 36 66% Markup Headphones $69. 09 56% Markdown Jeans $55. 08 41% Markdown a. Headphones, jeans. Toaster, DVD b. Headphones, DVD, toaster, jeans c. DVD, toaster, headphones, jeans d. DVD, jeans, toaster, headphones.
Answers
The items arranged from most expensive to least expensive is DVD, jeans, toaster, headphones.
A mark up increases the price of an item while a mark down reduces the price of an item.
Price after a mark up = (1 + mark up) x base price
Price after a mark down = (1 - mark down) x base price
Price of the toaster after the mark up: (1.36 x $23.35 = $31.76
Price of the DVD after the mark up: 1.66 x $20.36 = $33.80
Price of the head phones after the mark down: (0.44 x $69.09 = $30.40
Price of the jeans after the mark down: 0.59 x $55 = $32.45
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The answer is:D. DVD, jeans, toaster, headphones.
Write a persuasive argument as an essay or blog entry to address your topic. Use a minimum of 400 words. State your claim clearly with details from reliable sources. Be sure to include
Answers
Based on writing methods and techniques, to write a persuasive argument as an essay or blog entry to address your topic, you should start by "Choosing topic you’re passionate about."
What is Persuasive Writing?Persuasive writing is a form of writing that illustrates logical arguments into writing. It usually contains an emotional appeal to influence the readers towards a particular perspective or opinion.
Things to note when writing a Persuasive argument as an essay or blog entryUnderstand what your audience wants.Begin with a fact to hook your readers' attention.Research the both on both sides of what you agreed and disagreed on.Be empathetic in your word usage.Chip in rhetoric question to evoke interest.Emphasize your points with creativity.Hence, in this case, it is concluded that writing a persuasive argument as an essay is more straightforward if you follow the proper steps.
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A local radio commercial costs $600 and reaches an estimated 10,250 listeners. A local cable commercial costs $1000 and reaches an estimated 18,500 viewers. Which medium provides the lowest CPM
Answers
Based on the calculations, the medium that provides the lowest CPM is the cable commercial.
Since the radio commercial costs $600 and reaches an estimated 10,250 listeners, the CPM will be:
= $600/10250
= $0.0585
Since the local cable commercial costs $1000 and reaches an estimated 18,500 viewers, its CPM will be:
= $1000 / 18500
= $0.0541
Therefore, the lowest CPM is gotten from the cable commercial.
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What is a line extension?
Answers
Answer:
line extension is the use of an established product brand name for a new item in the same product category
Explanation:
you are a member of a newly formed team that has been tasked with designing a new product. none of the team’s members have worked together previously and thus confidence is low. which of the following tactics would be most effective in promoting the team’s confidence in its capability to function successfully?
Answers
The tactics which would be most effective in promoting the team’s confidence in its capability to function successfully is to:
Jump right into a challenging task in order to figure out your team's capability.According to the given question, we are asked to state the tactics which would be most effective in promoting the team’s confidence in its capability to function successfully.
As a result of this, we can see that when a team has a set task like designing a new product and the members of the team are yet to have worked together before, then the tactics which would be most effective in promoting the team’s confidence in its capability to function successfully is to jump into a challenge immediately in order to find out the capability of the team.
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