mrbear4099
23.04.2020 •
Business
The balance sheet of Morgan and Rockwell was as follows immediately prior to the partnership's liquidation: cash, $25,900; other assets, $147,000; liabilities, $38,800; Morgan, capital, $64,400; Rockwell, capital, $69,700. The other assets were sold for $133,800. Morgan and Rockwell share profits and losses in a 2:1 ratio. As a final cash distribution from the liquidation, Morgan will receive cash totaling
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Ответ:
The answer is: C) Nominal GDP measures current production using current prices, whereas real GDP measures current production using base-year prices.
Explanation:
Nominal GDP measures the production of total finished products and services within a country during a particular period using the current prices of the products and services. Real GDP measures the production of total finished products and services within a country during a particular period using base-year prices of the products and services.
Nominal GDP doesn't take in account inflation, while real GDP is adjusted by inflation. Nominal GDP is also higher than the real GDP since recent prices are higher than the base-year prices (due to inflation). Real GDP can be used to compare the economy's evolution over periods of time.