The GDP deflator in year 2 is 95 using year 1 as a base year. This means that, on average, the price of goods and services is Group of answer choices 105% higher in year 2 than in year 1. 5% higher in year 2 than in year 1. 105% higher in year 1 than in year 2. 5% higher in year 1 than in year 2.

20. to add body to a hearty broth, you may use a. onions. b. pasta. c. cheese. d. water.

Spartan credit bank is offering 7.5 percent compounded daily on its savings accounts. you deposit $5,900 today. a. how much will you have in the account in 4 years? (use 365 days a year. do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. how much will you have in the account in 12 years? (use 365 days a year. do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) c. how much will you have in the account in 19 years?

Describe what fixed costs and marginal costs mean to a company.