subject
Business, 13.02.2020 18:46 cristykianpour

Year Units of Output Price Per Unit
1 3 $3
2 4 4
3 6 5
4 7 7
5 8 8

Assume an economy that makes only one product and that year 3 is the base year. Output and price data for a five-year period are shown in the table. In determining real GDP, the nominal GDP for

each year must be multiplied by the relevant price index.
years 1 and 2 must be inflated.
years 4 and 5 must be inflated.
years 1 and 2 must be deflated.

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 19:30
What is the most important factor that affects the value of a company? a) cash flow b) earnings c) supply and demand d) number of employees
Answers: 1
question
Business, 21.06.2019 22:00
How would you cite different books by the same author on the works cited page? a. moore, jack h. folk songs and ballads. salem: poetry press, 1999. print. moore, jack h. ballads in poetry – a critical review. dallas: garden books, 1962. print. b. moore, jack h. folk songs and ballads. salem: poetry press, 1999. print. –––. ballads in poetry – a critical review. dallas: garden books, 1962. print. c. moore, jack h. ballads in poetry – a critical review. dallas: garden books, 1962. print. moore, jack h. folk songs and ballads. salem: poetry press, 1999. print. d. moore, jack h. ballads in poetry – a critical review. dallas: garden books, 1962. print. –––. folk songs and ballads. salem: poetry press, 1999. print.
Answers: 1
question
Business, 22.06.2019 06:50
On january 1, vermont corporation had 40,000 shares of $10 par value common stock issued and outstanding. all 40,000 shares has been issued in a prior period at $20.00 per share. on february 1, vermont purchased 3,750 shares of treasury stock for $24 per share and later sold the treasury shares for $21 per share on march 1. the journal entry to record the purchase of the treasury shares on february 1 would include a credit to treasury stock for $90,000 debit to treasury stock for $90,000 credit to a gain account for $112,500 debit to a loss account for $112,500
Answers: 3
question
Business, 22.06.2019 07:10
Refer to the payoff matrix. suppose that speedy bike and power bike are the only two bicycle manufacturing firms serving the market. both can choose large or small advertising budgets. is there a nash equilibrium solution to this game?
Answers: 1
You know the right answer?
Year Units of Output Price Per Unit
1 3 $3
2 4 4
3 6 5
4 7 7
5 8 8
Questions
question
Mathematics, 10.03.2021 04:10
question
Mathematics, 10.03.2021 04:10
question
Mathematics, 10.03.2021 04:10
question
Mathematics, 10.03.2021 04:10
question
Mathematics, 10.03.2021 04:10
Questions on the website: 13722363