subject
Business, 18.07.2020 14:01 Romo2486

Part D When comparing GDP from one year to another, you need to adjust each year's GDP for any inflation that
occurs during that year. To do this, you need to find real GDP. To find real GDP, or the value of GDP that
takes into account any price changes in the period, use this formula:
real GDP = nominal GDP
deflator for same year
100
You found the nominal GDP for two years in part c, but you will need to find the value of the deflators
before you can use the formula. Price deflators neutralize any inflation that happened that year. Using this
table of price deflator data , find the price deflators for gross domestic product (line 1) for the fourth
quarter (IV) in the years you used in part c and record them in the table.


Part D

When comparing GDP from one year to another, you need to adjust each year's GDP for any in

ansver
Answers: 3

Another question on Business

question
Business, 21.06.2019 15:00
The media specialist suggests a library reading program that will correlate highly with the teaching program and reward the students as they read. the rewards will be provided by the business community. a pencil carrier will be the reward for having read 25 books, a baseball cap the reward for having read 30 books, a tee shirt for 50 books, and a backpack for having read 100 books. the media specialist's suggestion is based on her knowledge that:
Answers: 1
question
Business, 21.06.2019 21:30
Ming chen began a professional practice on june 1 and plans to prepare financial statements at the end of each month. during june, ming chen (the owner) completed these transactions. a. owner invested $61,000 cash in the company along with equipment that had a $25,000 market value. b. the company paid $1,900 cash for rent of office space for the month. c. the company purchased $15,000 of additional equipment on credit (payment due within 30 days). d. the company completed work for a client and immediately collected the $2,100 cash earned. e. the company completed work for a client and sent a bill for $7,000 to be received within 30 days. f. the company purchased additional equipment for $5,500 cash. g. the company paid an assistant $3,000 cash as wages for the month. h. the company collected $5,200 cash as a partial payment for the amount owed by the client in transaction e. i. the company paid $15,000 cash to settle the liability created in transaction c. j. owner withdrew $1,500 cash from the company for personal use. required: enter the impact of each transaction on individual items of the accounting equation. (enter decreases to account balances with a minus sign.)
Answers: 2
question
Business, 22.06.2019 07:40
Xyz corporation has provided the following data concerning manufacturing overhead for july: actual manufacturing overhead incurred $ 69,000 manufacturing overhead applied to work in process $ 79,000 the company's cost of goods sold was $243,000 prior to closing out its manufacturing overhead account. the company closes out its manufacturing overhead account to cost of goods sold. which of the following statements is true? multiple choice manufacturing overhead was overapplied by $10,000; cost of goods sold after closing out the manufacturing overhead account is $253,000 manufacturing overhead was underapplied by $10,000; cost of goods sold after closing out the manufacturing overhead account is $233,000 manufacturing overhead was underapplied by $10,000; cost of goods sold after closing out the manufacturing overhead account is $253,000 manufacturing overhead was overapplied by $10,000; cost of goods sold after closing out the manufacturing overhead account is $233,000
Answers: 1
question
Business, 22.06.2019 08:50
Comprehensive illustrative problem: mira's store on february 1 20a4 mica delaman opened astore that sells school supplies her main customer are the students and teachers of happy students school that is situated in front of her store. mira wanted to know the financial position of mira's store. mira knew you were studying accounting. so she asked for . 1. to start her business mira's opened a checking account in the name of mira's store . the statement of account from the bank shows that the checking account has a balance of 31,535 of december 31,20a4
Answers: 2
You know the right answer?
Part D When comparing GDP from one year to another, you need to adjust each year's GDP for any infl...
Questions
question
Mathematics, 25.01.2021 21:40
question
Mathematics, 25.01.2021 21:40
question
Mathematics, 25.01.2021 21:40
question
Physics, 25.01.2021 21:40
Questions on the website: 13722362