![hailey200127](/avatars/31204.jpg)
hailey200127
19.04.2021 •
Business
Suppose a small economy produces only smart TVs. In year one, 100,000 TVs are produced and sold at a price of $1,200 each. In year two, 75,000 TVs are produced and sold at a price of $1,200 each. As a result, Multiple Choice real GDP increased. nominal GDP increased. real GDP decreased. real GDP stayed the same.
Solved
Show answers
More tips
- S Science and Technology Colliders: How They Work and Why They Matter...
- C Construction and repair How to Choose the Best Underfloor Heating?...
- C Computers and Internet How to Get Rid of Windows Genuine Check?...
- C Computers and Internet War of Social Media: Which Platform is the Leader?...
- H Health and Medicine How to Treat the Flu: A Comprehensive Guide...
- O Other What is a Disk Emulsifier and How Does it Work?...
- F Family and Home What does a newborn need?...
- F Family and Home Choosing the Right Car Seat for Your Child: Tips and Recommendations...
- F Food and Cooking How to Get Reconfirmation of Registration?...
- C Computers and Internet How to Get Rid of Spam in ICQ?...
Answers on questions: Business
- B Business Granite company purchased a machine costing $120,000, terms 1/10, n/30. the machine was shipped fob shipping point and freight charges were $2,000. the machine requires...
- B Business Which of the following bonds is trading at a premium? a. it is not possible to determine if these bonds are trading at a premium or a discount. b. a 15-year bond with...
- B Business lessee entries; capital lease) on january 1, 2008, burke corporation signed a 5-year noncancelable lease for a machine. the terms of the lease called for burke to make...
- B Business Consider the market for corn. indicate whether each of the following events will cause a shift in the demand curve or a movement along the curve. if it will cause a...
- B Business Mr. clark is considering another bond, bond d. it has an 8% semiannual coupon and a $1,000 face value (i.e., it pays a $40 coupon every 6 months). bond d is scheduled...
- B Business Suppose in its income statement for the year ended june 30, 2022, the clorox company reported the following condensed data (dollars in millions). salaries and wages...
- B Business Grouper corporation has outstanding 1,900 $1,000 bonds, each convertible into 60 shares of $10 par value common stock. the bonds are converted on december 31, 2017,...
- B Business Frictional unemployment: multiple choice 1) refers to unemployment caused by friction between labor and management. 2) comes from people entering the labor force and...
- B Business Assume that the managers of fort winston hospital are setting the price on a new outpatient service. here are the relevant data estimates: variable cost per visit:...
- B Business Cost relationships; normal costing systemmcallister. incl employs a normal costing system. the following information pertains to the year just ended.- total manufacturing...
Ответ:
real GDP decreased.
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 while Real GDP is GDP calculated using base year prices. Real GDP has been adjusted for inflation.
Ответ:
sure let's talk for a bit