subject
Business, 18.06.2021 03:40 TropicalFan

The GDP price index in the United States in 2016 was about 106 ​, and real GDP in 2016 was ​$17.7 trillion​ (2012 dollars). The GDP price index in the United States in 2018 was about 110 ​, and real GDP in 2018 was ​$18.6 trillion​ (2012 dollars). Calculate nominal GDP in 2016 and in 2018 and the percentage increase in nominal GDP between 2016 and 2018 .

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 21:30
The following account balances at the beginning of january were selected from the general ledger of fresh bagel manufacturing company: work in process inventory $0 raw materials inventory $ 28 comma 100 finished goods inventory $ 40 comma 600 additional data: 1. actual manufacturing overhead for january amounted to $ 65 comma 000. 2. total direct labor cost for january was $ 63 comma 400. 3. the predetermined manufacturing overhead rate is based on direct labor cost. the budget for the year called for $ 255 comma 000 of direct labor cost and $ 382 comma 500 of manufacturing overhead costs. 4. the only job unfinished on january 31 was job no. 151, for which total direct labor charges were $ 5 comma 200 (1 comma 300 direct labor hours) and total direct material charges were $ 14 comma 400. 5. cost of direct materials placed in production during january totaled $ 123 comma 700. there were no indirect material requisitions during january. 6. january 31 balance in raw materials inventory was $ 35 comma 300. 7. finished goods inventory balance on january 31 was $ 35 comma 400. what is the cost of goods manufactured for january?
Answers: 3
question
Business, 22.06.2019 05:30
Sally is buying a home and the closing date is set for april 20th. the annual property taxes are $1,234.00 and have not been paid yet. using actual days, how much will the buyer be credited and the seller be debited
Answers: 2
question
Business, 22.06.2019 06:50
Suppose the marginal damage and marginal benefit curves in a polluted neighborhood are md = p/3 and mb = 4 – p. also, suppose that transactions costs are low, so that the consumers and the firm can bargain. we saw that in this case, the socially-optimal level of pollution is achieved. start by computing the socially-optimal p. then, for each of the following cases, compute the amount of money transferred through the bargaining process, and indicate who pays whom (i.e., whether consumers pay the firm, or vice versa). also, compute the gains to each party relative to the status quo (i.e., the starting point of the bargaining process).a)consumers have the right to clean air; firm is dominant in the bargaining process.b)consumers have the right to clean air; consumers are dominant in the bargaining process.c)firm has the right to pollute; firm is dominant in the bargaining process.d)firm has the right to pollute; consumers are dominant in the bargaining proces
Answers: 1
question
Business, 22.06.2019 11:30
You've arrived at the pecan shellers conference—your first networking opportunity. naturally, you're feeling nervous, but to avoid seeming insecure or uncertain, you've decided to a. speak a little louder than you would normally. b. talk on your cell phone as you walk around. c. hold an empowered image of yourself in your mind. d. square your shoulders before entering the room.
Answers: 2
You know the right answer?
The GDP price index in the United States in 2016 was about 106 ​, and real GDP in 2016 was ​$17.7 tr...
Questions
question
Mathematics, 27.11.2020 16:00
question
Arts, 27.11.2020 16:00
question
Mathematics, 27.11.2020 16:10
question
Mathematics, 27.11.2020 16:10
question
Mathematics, 27.11.2020 16:10
question
Mathematics, 27.11.2020 16:10
question
Computers and Technology, 27.11.2020 16:20
question
Mathematics, 27.11.2020 16:20
question
Business, 27.11.2020 16:20
Questions on the website: 13722367