Homework Answers
The real GDP is adjusted off the inflation so it does not take into account the price changes happened in the economy so to fin the real GDP we multiply the 2007 quantity with the price of 2006, that is
Real GDP
.
Ans: $ .
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Emil's Heritage Kitchen shop installed 300 kitchen cabinets in the year 2006 and 350 in the...
ΤΕΧΝΙΤΗΤΗ iple Choice y the choice that best completes the statement or answers the question. The...
ΤΕΧΝΙΤΗΤΗ iple Choice y the choice that best completes the statement or answers the question. The production possibilities frontier is a graph that shows the various combinations of output that an economy a. should produce. b. wants to produce. c. can produce d. demands 2 The price index was 320 in one year and 360 in the next year. What was the inflation rate? a. 9 percent ((B-A)/A)*100 b. 11.1 percent c. 12.5 percent ((360 - 320)/320)*100 d. 40 percent...
a)calculate the breakeven point of units for each product b)assuming, materials is a limiting factor in...
a)calculate the breakeven point of units for each
product
b)assuming, materials is a limiting factor in the period, advise
management on the most appropriate mix
c)assuming labour is a limiting factor in the period, advise
management on the most appropriate mix
d)which product should the company office concentrate more of its
materials and labour on and why?
e)compute the total contribution the company would earn from the
production mix determined in (b) above
UUU Question 1 cts (giving a Explain...
Three entrepreneurs plan to open a copy shop. It costs $5000 per year to rent a...
Three entrepreneurs plan to open a copy shop. It costs $5000 per
year to rent a copier. It costs $0.03 per copy to operate the
copier. Other fixed costs of running the store will amount to $400
per month. The planned price per copy is $0.10. The shop will be
open 365 days per year. Each copier can make up to 100,000 copies
per year.
The graph for cost and revenue is shown below. We can see that
at a...
Year 2000 GDP Deflator (Price Index, 2009 = 100) 81.9 83.8 85.0 2001 2002 2003 2004...
Year 2000 GDP Deflator (Price Index, 2009 = 100) 81.9 83.8 85.0 2001 2002 2003 2004 2005 & 2007 Nominal GDP (in Billions of Dollars) 9,817 10.128 10.469 10,960 11,685 12,422 13,178 13,808 14,291 13,939 14,524 15,518 16,163 16,768 17,393 18,037 18,569 2008 2009 2010 2011 2012 2013 2014 2015 2016 100.0 101.2 103.3 105.2 106.7 108.8 110.0 111.4 Instructions: Enter your responses rounded to the nearest billion. a. Calculate real GDP for 2015 using 2007 prices. $0 billion b....
QUESTION 1 AlpenPleasure Co. produces 1000 boxes of chocolate. Each box sells for $30. AlpenPleasure pays...
QUESTION 1 AlpenPleasure Co. produces 1000 boxes of chocolate. Each box sells for $30. AlpenPleasure pays wages of $10,000 and buys $15,000 worth of cocoa beans and other ingredients needed to produce the chocolate. What is AlpenPleasure's contribution (value-added) to GDP? $5,000 $45,000 $15,000 $20,000 QUESTION 2 There is currently a lot of debate in the U.S. about raising the minimum wage. As a contribution to this debate, the Wall Street Journal recently reported the following numbers: In 1980, the...
2006, interest rates increased from 5% to 7%, when this happens consumers are A. less likely...
2006, interest rates increased from 5% to 7%, when this happens consumers are A. less likely to save, that is, sell a financial asset. B. more likely to save, that is, sell a financial asset. C. less likely to save, that is, purchase a financial asset. D. more likely to save, that is, purchase a financial asset. I. In 2. If commercial banks hold all their assets in the form of required reserves: A. only they will be able to...
1. Structural unemployment is the result of A) short-term movement of workers between jobs. B) job...
1. Structural unemployment is the result of A) short-term movement of workers between jobs. B) job search for first-time job seekers. C) technological change or permanent changes in industry demand. D) business cycle fluctuations. E) recurring changes in the hiring needs of certain industries. 2. The real interest rate equals A) the nominal interest rate minus the rate of unexpected inflation. B) the rate of expected inflation minus the nominal interest rate. C) the nominal interest rate minus the rate...
find v belt drive design power select belt type determine shive size (belt speed 4000 ft/min)...
find v belt drive
design power
select belt type
determine shive size (belt speed 4000 ft/min)
find shive size from power rating figure
find rated power
find estimated centre distance
find belt length (by selecting standard belt length)
calculate actual centre distance
find contact angle for small shieve
determine correct factors
calculate correct power per belt
no. of belt needed
V-Belt Designing Sample Problem . Given: A 4 cylinder diesel engine runs at 80 hp, 1800 rpm, to drive a...
can you please complete the income statement (last photo) other pages are for refernce. please let...
can you please complete the income statement (last
photo)
other pages are for refernce. please let me know what
additional information is needed to complete the question
TOLED Tuy Demstalled, but first we need to close some apps. Update now A B C D E F G H J K L M N O P Q R S OPERATIONAL & COST INFORMATION: For simplicity, base all calculations using 30 days in each month m OPERATIONAL DATA Grooming: The Groomer can...
1. When it comes to financial matters, the views of Aristotle can be stated as:...
1. When it comes to financial matters, the views of Aristotle can be stated as: a. usury is nature’s way of helping each other. b. the fact that money is barren makes it the ideal medium of exchange. c. charging interest is immoral because money is not productive. d. when you lend money, it grows more money. e. interest is too high if it can’t be paid back. 2. Since 2008, when the monetary base was about $800 billion,...
ΤΕΧΝΙΤΗΤΗ iple Choice y the choice that best completes the statement or answers the question. The production possibilities frontier is a graph that shows the various combinations of output that an economy a. should produce. b. wants to produce. c. can produce d. demands 2 The price index was 320 in one year and 360 in the next year. What was the inflation rate? a. 9 percent ((B-A)/A)*100 b. 11.1 percent c. 12.5 percent ((360 - 320)/320)*100 d. 40 percent...
a)calculate the breakeven point of units for each
product
b)assuming, materials is a limiting factor in the period, advise
management on the most appropriate mix
c)assuming labour is a limiting factor in the period, advise
management on the most appropriate mix
d)which product should the company office concentrate more of its
materials and labour on and why?
e)compute the total contribution the company would earn from the
production mix determined in (b) above
UUU Question 1 cts (giving a Explain...
Three entrepreneurs plan to open a copy shop. It costs $5000 per
year to rent a copier. It costs $0.03 per copy to operate the
copier. Other fixed costs of running the store will amount to $400
per month. The planned price per copy is $0.10. The shop will be
open 365 days per year. Each copier can make up to 100,000 copies
per year.
The graph for cost and revenue is shown below. We can see that
at a...
Year 2000 GDP Deflator (Price Index, 2009 = 100) 81.9 83.8 85.0 2001 2002 2003 2004 2005 & 2007 Nominal GDP (in Billions of Dollars) 9,817 10.128 10.469 10,960 11,685 12,422 13,178 13,808 14,291 13,939 14,524 15,518 16,163 16,768 17,393 18,037 18,569 2008 2009 2010 2011 2012 2013 2014 2015 2016 100.0 101.2 103.3 105.2 106.7 108.8 110.0 111.4 Instructions: Enter your responses rounded to the nearest billion. a. Calculate real GDP for 2015 using 2007 prices. $0 billion b....
2006, interest rates increased from 5% to 7%, when this happens consumers are A. less likely to save, that is, sell a financial asset. B. more likely to save, that is, sell a financial asset. C. less likely to save, that is, purchase a financial asset. D. more likely to save, that is, purchase a financial asset. I. In 2. If commercial banks hold all their assets in the form of required reserves: A. only they will be able to...
find v belt drive
design power
select belt type
determine shive size (belt speed 4000 ft/min)
find shive size from power rating figure
find rated power
find estimated centre distance
find belt length (by selecting standard belt length)
calculate actual centre distance
find contact angle for small shieve
determine correct factors
calculate correct power per belt
no. of belt needed
V-Belt Designing Sample Problem . Given: A 4 cylinder diesel engine runs at 80 hp, 1800 rpm, to drive a...
can you please complete the income statement (last
photo)
other pages are for refernce. please let me know what
additional information is needed to complete the question
TOLED Tuy Demstalled, but first we need to close some apps. Update now A B C D E F G H J K L M N O P Q R S OPERATIONAL & COST INFORMATION: For simplicity, base all calculations using 30 days in each month m OPERATIONAL DATA Grooming: The Groomer can...
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