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Hatshy [7]
2 years ago
13

Suppose nominal GDP in an economy is $11 trillion and real GDP is $10 trillion. What would be the implicit price deflator?

Business
1 answer:
Fiesta28 [93]2 years ago
5 0

Answer:

The implicit price deflator will be 1.10

Explanation:

Nominal GDP = $11 trillion

Real GDP = $10 trillion

Use Implicit price deflator formula

Implicit price deflator = Nominal GDP / Real GDP

Implicit price deflator = $11 trillion / 10 trillion

Implicit price deflator = 1.10

So, The implicit price deflator will be 1.10 when the nominal GDP is $11 trillion and real GDP is $10 trillion .

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A group of manufacturers of LCD screens for computers and cell phones met together monthly in private conference rooms in hotels
aleksklad [387]

Answer: a. ​The manufacturers had engaged in a per se violation of antitrust laws.

Explanation: The Sherman and Clayton Acts would apply to US companies. The group of manufacturers of LCD screens were not specified as US companies. But by virtue of the fact of colluding with Korean makers they would have per se been violating the the Monopoly Regulation and Fair Trade Act (MRFTA) of Korea.

3 0
2 years ago
Sean is spending the day at the water park. He paid to enter the park and can use any water ride an unlimited number of times th
aksik [14]

Answer: a. less than 50 utils.

b. Sean's marginal utility has become negative.

c. fewer times

Explanation:

Utility is the satisfaction derived from consuming a good or service. Marginal Utility is the added satisfaction a consumer gets when he/she consumes an additional unit while the total utility is the sum of how satisfied he/she is after consuming a given number of units.

Marginal utility reduces with every extra unit taken. So Sean's marginal utility of riding the Twisty River the second time is likely less than that of the first time.  Consider when you are very thirsty and you take the first sip of water. This is the most satisfying sip and the last one you take is the least satisfying.

As long as marginal utility is positive, total utility will increase. Imagine Sean gets a marginal utility of 50, 40, 30 and 10. The total utility is then 50, 90, 120 and 130 after every ride. If after the fifth ride, his total utility is 115, it means his marginal utility has become negative (maybe he threw up).

Because marginal utility reduces with every additional unit taken, Sean is not likely to keep spending the same amount of money when he is not getting the same amount of satisfaction so he will likely ride the Twisty River  fewer times.

6 0
2 years ago
XYZ Advisers is a federal covered adviser with an office in State A. It has 400 clients in State A; 6 clients in State B; and 3
Stels [109]

Answer:

None of the states.

Explanation:

Since XYZ Advisers is a federal covered adviser, it implies that it is registered with the Security and Exchange Commission (SEC) but not registered with any of the states. Therefore, only the SEC has its registration that it can revoke.

However, it is compulsory for the XYZ Advisers or any other adviser carrying out a business in any state to notify the State in which it is carrying out a business. This is to enable the relevant State to carry out an investigation and issue an order against the adviser whenever the the Administrator of a State received a complaint against a federal covered adviser. But the state still does not have the registration of the federal covered adviser it can revoke.

Therefore, none of the State Administrator(s) has the authority to revoke XYZ Adviser's registration.

8 0
2 years ago
A number of things organizations can do prior to change to prepare employees include which of the following?
natulia [17]

Answer:

The correct answer is Allow employees to particpate.

Explanation:

Following a strategy in which employee participation is promoted does not imply that all problems are delegated to them, or rather unimportant problems; It consists in the active intervention of workers when identifying, analyzing and solving problems that make it difficult to achieve business objectives. It is important that employees get involved in the challenges of the organization to which they belong, and in the same way that they feel satisfied by a positive performance, they must also be aware and persistent in the face of adverse situations that affect the performance of the company.

6 0
2 years ago
For june, gold corp. estimated sales revenue at $600,000. it pays sales commissions that are 4% of sales. the sales manager’s sa
hjlf
In July, Goldcorp had sales of $540,000. Of this, the 4% sales commission= $21,600, the shipping expenses was 1% at $5400, and the manager's monthly salary was $23,750, plus miscellaneous expenses was $15,000. So I would say that the budgeted expenses would be $21,600+$5400+$23750= $50,750, assuming that miscellaneous expenses were not budgeted. Total expenses would be $65,750 if the $15,000 was included. 
6 0
2 years ago
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