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Lelechka [254]
2 years ago
3

Scenario 1: Imagine that an economy produces two goods, hot dogs and baseballs. In the year 2000 the economy produces 20 hot dog

s and 15 baseballs, and the prices of hot dogs and baseballs were $2 and $5, respectively. In the year 2001 the economy produces 25 hot dogs and 20 baseballs, and the prices of hot dogs and baseballs were $3 and $6, respectively. Based on the information in Scenario 1, nominal GDP in the year 2000 in this economy is: Group of answer choices
Business
1 answer:
wlad13 [49]2 years ago
4 0

Answer:

$115

Explanation:

Gross domestic product is the total sum of final goods and services produced in an economy within a given period which is usually a year

GDP calculated using the expenditure approach = Consumption spending by households + Investment spending by businesses + Government spending + Net export

Nominal GDP is GDP calculated using current year prices

(20 x $2) + (15 x $5) = $115

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Flyaway Travel Company reported net income for 2021 in the amount of $110,000. During 2021, Flyaway declared and paid $4,125 in
Lena [83]

Answer:

See below

Explanation:

7 0
2 years ago
You're in a conference room with Javier and Jim, an assistant director who reports to you. The other three people in the room, i
Ivahew [28]

Full question:

You are a manager at Leland Enterprises, a transportation

company, and work in the headquarters building. You report to the director, Javier.

Javier is known around the office as a hothead--quick to anger, slow to praise anyone. He tends to demean people publicly when he thinks their work is substandard, which is just about all the time. He has a weak spot for doughnuts, which seem to make him happy, so you and your coworkers regularly bring in sweets to, as you say, "appease the monster." Javier is favored by upper management for his decisiveness and strong ability in business analytics, which have led to strong corporate results. Upper management is hands-off toward Javier's management of his team. As a result, turnover is quite high as employees realize they can either adapt to his environment or leave, but not change it much.

Decision Point: Javier's Goals

You're in a conference room with Javier and Jim, an assistant director who reports to you. The other three people in the room, including your friend Emily, report to Jim.

Javier ends the meeting by saying, "So that's just the way we do things around here." One of your employees asks, "Could you tell me a bit of detail about our projection goals?" Javier responds, "No, you all know enough—you do your jobs and let me work out the details. This meeting is over. Turn to your neighbor and give our secret GIMME handshake." People jostle, rolling their eyes, and perform a middle-school-type crazy handshake.

In what ways do you see the organizational culture of Leland Enterprises transmitted?

Select the best options from the choices below and click Submit.

Ethics

Innovation

Symbols

Stories

Socialization

Language

Rituals

Answer:

Rituals

Explanation:

Corporate rituals are demonstrated in the example above. They may be repetitive sequences that could take the form of habits or ceremonies that express and reinforce the values of the organization such as what goals are most important, and which people are important and which ones are superfluous. This is seen when the manager asks to give the Gimme shake.

5 0
2 years ago
Which financial leverage ratio is used with two other ratios to mathematically produce the return on equity ratio?
ipn [44]

Answer: c. Total Assets/ Equity

Explanation:

To measure the Return on Equity with 3 ratios, the <em>DuPont Analysis</em> can be used. This is a technique of deconstructing the Return on Equity ratio into various constituent ratios so that their effect on Return on Equity is better know.

The basic DuPont Analysis is;

Return on Equity = \frac{Net Income}{Revenue} * \frac{Sales}{Total Assets}  * \frac{Total Assets}{Equity}

Total Assets/ Equity or the Assets to Shareholder Equity ratio is the answer.

5 0
2 years ago
The dark printed words on the page of a book are easily read because they are printed on a light ground. this is an example of t
skad [1K]
<span>The dark printed words on the page of a book are easily read because they are printed on a light ground. this is an example of the principle of ____________?

Contrast</span>
3 0
2 years ago
Read 2 more answers
Initially, Stacy earns a salary of $300 per year and Virginia earns a salary of $200 per year. Stacy lends Virginia $100 for one
lina2011 [118]

Answer:

The answer is "$306 and $204".

Explanation:

Given value:

Stacy salary = $300

Virginia salary = $200

The nominal value is 2%

Calculating the Stacy salary = 300 \times \frac{2}{100}

                                              = 3 \times 2 \\\\ =6

\text{ Stacy salary = slaray+ percent value}

                    = \$ 300 + \$ 6\\\\= \$ 306 \\

Calculating the Virginia salary = 200 \times \frac{2}{100}

                                              = 2 \times 2 \\\\ =4

\text{ Virginia salary = slaray+ percent value}

                        = \$ 200 + \$ 4\\\\= \$ 204 \\

7 0
2 years ago
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