Suppose the economy has only the following three goods: year good price quantity 2014 ice cream cones $2.50 1,000 hot dogs $1.25 500 surfboards $100.00 10 2015 ice cream cones $3.50 800 hot dogs $2.25 400 surfboards $100.00 14 calculate nominal gdp for 2014 and 2015. calculate the percentage change in gdp from 2014 to 2015, first using 2014 prices and then using 2015 prices. calculate the percentage change in real gdp from 2014 to 2015, using your answers from part (b). what is the gdp deflator for 2015 if it equals 1.0 in 2014?

Acompany's income statement showed the following: net income, $145,000 and depreciation expense, $36,300. an examination of the company's current assets and current liabilities showed the following changes as a result of operating activities: accounts receivable decreased $11,500; merchandise inventory increased $22,200; and accounts payable increased $5,500. calculate the net cash provided or used by operating activities. $209,500 $139,000 $176,100 $186,500 $142,100

Grant, inc., acquired 30% of south co.’s voting stock for $200,000 on january 2, year 1, and did not elect the fair value option. the price equaled the carrying amount and the fair value of the interest purchased in south’s net assets. grant’s 30% interest in south gave grant the ability to exercise significant influence over south’s operating and financial policies. during year 1, south earned $80,000 and paid dividends of $50,000. south reported earnings of $100,000 for the 6 months ended june 30, year 2, and $200,000 for the year ended december 31, year 2. on july 1, year 2, grant sold half of its stock in south for $150,000 cash. south paid dividends of $60,000 on october 1, year 2. before income taxes, what amount should grant include in its year 1 income statement as a result of the investment?

Zoe would like to be able to save for night courses at the local college. which of these would be a good way for zoe to make more money available for savings without dramatically changing her budget? economía