Business, 12.02.2020 02:51 ballin3294
Below are some data from the land of milk and honey.
Year Price of Milk Quantity of Milk Price of Honey Quantity of Honey
2016 $1 100 quarts $2 50 quarts
2017 1 200 2 100
2018 2 200 4 100
a. Compute nominal GDP, real GDP, and the GDP deflator for each year, using 2016 as the base year.
b. Compute the percentage change in nominal GDP, real GDP, and the GDP deflator in 2017 and 2018.
Answers: 3
Business, 22.06.2019 13:40
Horace society is planning its annual western fair raceway gala. the gala committee has assembled the following expected costs for the event: dinner (per person) $10 gaming token and program (per person) $2 prize payouts $4,300 tickets and advertising $800 private box suite rental $1,700 lottery licenses $200 the committee members would like to charge $40 per person for the evening’s activities.required: 1. what is the break-even point for the dinner-dance (in terms of the number of persons who must attend)? 2. assume that last year only 200 persons attended the dinner-dance. if the same number attend this year, what price per ticket must be charged in order to break even? 3. refer to the original data ($40 ticket price per person). prepare a cvp graph for the dinner- dance from zero tickets up to 600 tickets sold.
Answers: 2
Business, 22.06.2019 14:00
Which of the following is not a characteristic of a weak economy? a. a low employment rateb. a high inflation ratec. a decreased gdpd. a high unemployment rate
Answers: 1
Business, 23.06.2019 09:00
The average cost of one year at a private college in 2012-2013 is $43,289. the average grant aid received by a student at a private college in 2012-2013 is $15,680.what is the average student contribution for one year at a private college in 2012-2013?
Answers: 2
Below are some data from the land of milk and honey.
Year Price of Milk Quantity of Milk Pric...
Year Price of Milk Quantity of Milk Pric...
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