Goal Seek and Solver - For these questions please use the Computers Worksheet from the Data Sources Excel file when needed. Be sure to label your inputs so I know what you did. 9. I am managing a conference at my college. My fixed costs are $10,000. I must pay the college union $300 per conference participant for food and lodging costs. Fifty people have registered to attend. How much must I charge each registrant for me to break even?

Answers

Answer 1

Based on the given information, you would not need to charge each registrant anything to break even since the total revenue is equal to the fixed costs.

To calculate the amount you must charge each registrant to break even, we need to consider the fixed costs and the variable costs per participant.

Given information:

Fixed costs (FC) = $10,000

Variable cost per participant (VC) = $300

Number of participants (N) = 50

Let's label our inputs:

FC = $10,000 (fixed costs)

VC = $300 (variable cost per participant)

N = 50 (number of participants)

Charge per registrant (C)

To break even, the total revenue (TR) must cover the fixed costs and variable costs:

TR = FC + (VC * N)

Since we want to find the charge per registrant (C), we can rearrange the equation:

C = (TR - FC) / N

Substituting the given values:

C = ($10,000 - $10,000) / 50

Simplifying the equation:

C = $0 / 50

C = $0

Based on the given information, you would not need to charge each registrant anything to break even since the total revenue is equal to the fixed costs.

Learn more about total revenue here :-

https://brainly.com/question/25717864

#SPJ11


Related Questions

The ability to reason well is necessary for modern workers because __________.
a.
Communication with other workers will be difficult
b.
Creativity is not valued in the modern workplace
c.
They will often have to solve problems with limited information
d.
Most problems will be straight-forward and easy to solve

Answers

Answer:

C. Or D.

Explanation:

Most Work problems are easy to solve depending on what is the cause of the situation. If you don't have the nesassary Resourses to solve that problem you must find out a way to work out that problem without what you need sometimes.

Answer: it’s C just took the Ed test

Explanation:

You spend $5 on materials to make a scarf. You think you have added $10 of value, so you set the price at $15. Nobody buys the scarf at that price, so you lower the price to $12, and someone buys it. What is the value of the scarf?

Answers

Answer: 12

Explanation:

"Open the side panel," she instructed, and remove the paper jam." Our company is implementing staff furloughs, not layoffs. a. Our company is implementing staff furloughs not layoffs. b. No error O Our company is implementing staff furloughs not, layoffs. machine misfires prints backward and short circuits. c. The machine misfires prints, backward, and short circuits. The machine misfires, prints backward, and short circuits. d. The machine, misfires, prints, backward, and short circuits.

Answers

The correct option is d. "The machine, misfires, prints, backward, and short circuits."

Difference between the sentences -

There are two separate issues in the given text. The first issue is related to punctuation, and the second issue is related to parallelism.

a. The sentence is correctly written with no errors.

b. The comma after "not" is incorrect.

c. This option has two errors. Firstly, there should be a comma after "misfires" to separate it from "prints". Secondly, there should not be commas after "prints" and "backward" as they are not separate clauses.

d. This option correctly uses commas to separate each item in the list and follows the rule of parallelism.

To know more about correct sentences -

https://brainly.com/question/26857147

#SPJ1

the final step in the decision making process is to: make the decision. review the results of the decision. identify the decision problem. evaluate costs and benefits of alternatives.

Answers

The final step in the decision-making process is to make the decision. The decision-making process is a process that involves the selection of a course of action from various alternatives.

The process of decision-making comprises several stages, such as identifying the decision problem, generating alternatives, evaluating the alternatives, making the decision, implementing the decision, and reviewing the results. The last stage in the process of decision-making is to make the decision. In this stage, the decision maker selects the most appropriate alternative from the options generated during the evaluation stage.  

The decision-making process is a process that involves the selection of a course of action from various alternatives. The process of decision-making comprises several stages, such as identifying the decision problem, generating alternatives, evaluating the alternatives, making the decision, implementing the decision, and reviewing the results. The last stage in the process of decision-making is to make the decision. The decision-making process is vital to organizations as it determines their success or failure in achieving their goals. Making decisions in an organization involves a group of people who work together to achieve a common objective. These people must work together and collaborate effectively to achieve a successful outcome. The decision-making process is not easy, and it involves analyzing information, generating alternatives, evaluating them, and selecting the best option that achieves the organization's objectives. The decision-making process must be thorough and systematic, and the decision-maker must consider all factors before making the final decision. The decision maker must evaluate the costs and benefits of each alternative before making the final decision. After making the decision, the organization must implement it and evaluate the results to ensure that it has achieved the desired outcome.

Learn more about the decision-making process: https://brainly.com/question/28900762

#SPJ11

Interdependence among individuals and interdependence among nations are both based on the gains from trade. True or false?.

Answers

It is true that two countries can benefit from trade even if one of them has a clear advantage in producing all goods. Each nation only needs to have a comparative advantage in one particular good.

When producing a specific good, agents in an economic model have a comparative advantage over rivals if they can do so at a lower relative opportunity cost or autarky price, that is, at a lower relative marginal cost before trade.

Your greatest skill and least amount of sacrifice are your comparative advantages. If you are a great babysitter and a great plumber, for instance, your comparative advantage is plumbing.

Developed by British economist David Ricardo in the 19th century, comparative advantage is an economic theory that links differences in relative opportunity costs, or the price paid for producing a given good, across nations, to the causes and benefits of international trade.

Learn more about comparative advantage here

https://brainly.com/question/14846093

#SPJ4

list out 15 trainings conducted by FNCCI​

Answers

1 Disciplinary Action & Termination of Employment August 23, 2015 August 23, 2015
2 Human Resource Management in Current Perspective September 22, 2014 September 23, 2014
3 Disciplinary Action & Termination of Employment March 09, 2014 March 09, 2014
4 Misconduct & Disciplinary Action September 22, 2013 September 22, 2013
5 Hiring and Termination Practice in Denmark August 30, 2013 August 30, 2013
6 Information sharing on "Hiring and Termination Practice in Denmark". May 31, 2013 May 31, 2013
7 Designing Human Resource Systems November 04, 2012 November 05, 2012
8 Marketing Skills Training July 19, 2012 July 20, 2012
9 Training on Negotiation Skills December 29, 2011 December 30, 2011
10 Enhancing Supervisory and Leadership Skills - - (sorry that’s all I got) :(

Which of the following statements is​ TRUE? A. By INCREASING the number of payments per​ year, you BOOST your total cash outflow but INCREASE your effective borrowing rate. B. By INCREASING the number of payments per​ year, you REDUCE your total cash outflow but DECREASE your effective borrowing rate. C. By INCREASING the number of payments per​ year, you REDUCE your total cash outflow but INCREASE your effective borrowing rate. D. By DECREASING the number of payments per​ year, you REDUCE your total cash outflow but INCREASE your effective borrowing rate.

Answers

B I’ve seen the question before

The transactions of the Blue Spruce Store are recorded in the general journal below.

Accounts Receivable
3,000
Service Revenue
3,000

Cash
3,900
Service Revenue
3,900

Rent Expense
1,800
Cash
1,800

Cash
1,750
Accounts Receivable
1,750

How do I turn these into T-Accounts and compute the balances?

Answers

When given the transactions of Blue Spruce Store and you need to convert them to T-accounts, you need to debit the expenses and assets and credit the revenue.

How to make T-account?

You will need to make the following accounts:

Cash account Service revenue accountAccounts receivable account

All cash entries will be debited to the cash account and if they are for cash sales, they are to be credited to the service revenue account.

Entries that were made on credit will be debited to the Account receivable account and credited to Service revenue. Add the entries to find the balances.

Find out more on T-accounts at https://brainly.com/question/18454617

#SPJ1

Aside from the issue of taxation by representation, why did the virginia house of burgesses object to parliament’s stamp tax?.

Answers

The Virginia House of Burgesses opposes the stamp tax because it would place a heavy financial burden on the colonists, in addition to the taxation by representation issue.

A taxation is a tax is a mandatory financial charge or other kind of levy that is placed on a taxpayer by a governmental entity in order to pay for government spending, other public expenses, and taxes. In almost every nation on the planet, taxes are mandatory levies that are imposed by the government on people or organizations. Although it can be used for other things as well, taxes are primarily used to raise money for government spending. Taxes and other obligations that a government places on its citizens are referred to as taxes. In almost every nation on earth, income taxes are collected. Taxes, on the other hand, are paid on all mandatory levies, including those on income, corporate profits, property, capital gains, sales, and inheritance.

Learn more about taxation here:

https://brainly.com/question/1980107

#SPJ4

Auditors may choose not to confirm accounts payable because: Group of answer choices Confirmation obtains evidence identical to that obtained by cutoff tests. Other reliable external evidence to support the balances is likely to be available. A reading of the corporate minutes reveals that confirmation is unnecessary. The balances due will have changed between the year-end and the date of confirmation.

Answers

Auditors may choose not to confirm accounts payable because confirmation obtains evidence identical to that obtained by cutoff tests.

Cutoff tests are procedures that allow auditors to verify that transactions recorded at the end of the accounting period are properly included in the correct period. If auditors have already performed these tests and obtained reliable external evidence to support the balances, they may determine that confirmation is unnecessary. Additionally, if the balances due are likely to have changed between the year-end and the date of confirmation, auditors may choose not to confirm accounts payable as the information may no longer be accurate.

To know more about Auditors  visit:

https://brainly.com/question/30227005

#SPJ11

Phoebe Johnson is a senior HR executive at CarMakers Corp. She has been informed that the company needs to hire five line workers for their Kingston plant. Phoebe decides to go down to the plant to get a better idea of the work. She speaks to the line workers there and gets firsthand information about the important aspects of the job involved. Phoebe is using the ________ method to collect information.
1) job family description 2) entry examination 3) job profiling 4) desk audit

Answers

Senior HR executive Phoebe Johnson works for CarMakers Corp. Phoebe is gathering data that use the desk audit technique.

By audit, what do you mean?

A physical inventory check is followed by an auditor's review or inspection of different books of accounts to ensure that all divisions are using the same documented system of documenting transactions. It's done to make sure the organization's financial accounts are accurate.

What three sorts of audits are there?

Internal audits, IRS audits, and external audits are the three primary categories of audits. Certificate Public Accountant (CPA) firms frequently carry out external audits, which produce a literature review and included in the audit findings.

To know more about audit visit:

https://brainly.com/question/14652228

#SPJ4

A government has started a public works program. The program uses tax
money to hire workers to repair roads, build dams, and install power lines.
The government has also reduced the taxes businesses pay for each worker
they employ.
Which macroeconomic goal is this government trying to achieve?
O A. Decreasing per capita GDP
O B. Reducing unemployment
O C. Reducing inflation
O D. Increasing GDP

Answers

Answer:

B. Reducing unemployment

Explanation:

The government, in this case, is using expansionary fiscal policies to create employment. Hiring people to build dams, repair roads, and install power lines leads to an increase in the government's spending in the economy. Consequently, a higher number of people will be working and earning. Increased earnings cause the aggregate demand to rise.

A reduction in business taxes reduces production costs. Businesses will be able to increase production, expand, and hire more workers when the cost of doing business is low.

Jeremy has a dispute with a local tree removal company. After a big storm had come through the area, Jeremy had to hire the company to remove a big tree. The two parties had agreed to the price of $1,500. However, the company never finished the job. The company left when the tree was only half removed. Jeremy and his dad finished the rest of the removal two weeks later. Jeremy does not think he owes the tree removal company anything. The tree removal company however wants to be paid. Jeremy offers them $500 in settlement of their dispute. The tree company accepts. This agreement can best be described under contract law as ______________________.

Answers

Answer:

The answer is an accord and satisfaction.  :)

Explanation:

Let me know if there is anything else that you would need help with!

Jeremy offers them $500 in settlement of their dispute. The tree company accepts. This agreement can be best described under contract law as an accord and satisfaction.

What is a contract?

The contract simply means a promise enforceable by law. The promise may be to do something or to refrain from doing something. The making of a contract requires the mutual assent of two or more persons, one of them ordinarily making an offer and another accepting.

If one of the parties fails to keep the promise, the other is entitled to legal redress. The law of contracts considers such questions as whether a contract exists, what its meaning of it is, whether a contract has been broken, and what compensation is due to the injured party. Contract law is the product of a business civilization. It will not be found, to any significant degree, in noncommercial societies.

Most primitive societies have other ways of enforcing the commitments of individuals; for example, through ties of kinship or by the authority of religion.

Learn more about contract, here:

https://brainly.com/question/2669219

#SPJ6

How important is money

Answers

Answer:

very important

Explanation:

money is a global income source for everyone. we all have different types but it is all still money. now say one country got rid of money and had people pay for stuff using other things. if china did that lots of different countries wouldn't be able to get stuff from there unless they had so much of that product they could just give it up.

The invisible hand principle indicates that competitive markets can help promote the efficient use of resources true or false?.

Answers

The Invisible Hand Principle suggests that competitive markets can help facilitate the efficient use of resources even when each market player cares only about their self-interest rather than about the overall efficiency of resource usage. True

What is the principle of the invisible hand?

The invisible hand is characteristic of laissez-faire, representing the "let do/let go," approach to the market. In other words, the approach maintains that the market will find stability without government or other interventions pushing it into unnatural patterns. The invisible hand upgrades individual self-interest and competition.

To learn more about The Invisible Hand Principle visit the link

https://brainly.com/question/1619870

#SPJ4

Miyu owns preferred stock in major corporation. she learns that the corporation’s common stock has significantly increased in value. if miyu owns convertible preferred stock she can __

Answers

Miyu can convert convertible preferred stock into common stock if the corporation's common stock value increases.

Convertible preferred stock is a type of stock that provides the holder with the option to convert their preferred shares into a predetermined number of common shares of the same company.

When Miyu learns that the corporation's common stock has significantly increased in value, she can exercise her conversion right and convert her preferred stock into common stock.

By converting her preferred stock into common stock, Miyu can participate in the potential gains of the company's common shares.

Common stockholders have an ownership stake in the company and can benefit from capital appreciation if the stock price continues to rise.

This allows Miyu to take advantage of the increased value of the common stock and potentially realize higher returns on her investment.

It's important to note that the conversion ratio, which determines the number of common shares received for each preferred share, will be specified in the terms of the convertible preferred stock.

Miyu should review the terms of her preferred stock to understand the specific conversion terms and any associated conditions or restrictions.

learn more about stock price here

https://brainly.com/question/29997372

#SPJ11

Harold works as an operations manager. He uses a project management tool to schedule and manage the steps of the manufacturing process. Harold has made a list of all the activities involved in the process. He has calculated the optimistic time, most likely time, and pessimistic time that the process might take to be completed. Which project management tool is Harold using?
A.
Critical Path Method (CPM)
B.
Program Evaluation and Review Technique (PERT)
C.
Total Quality Management (TQM)
D.
Gantt chart
E.
Just In Time (JIT)

Answers

Answer:

B

Explanation:

Answer:

PERT

Explanation:

Plato/Edmentum

The case mentions that making carbonated water isn’t particularly difficult. Based on porter’s model for industry analysis, this increases which competitive force?.

Answers

Based on porter’s model for industry analysis, this increases which  the Threats of new entrants.

What is threat of new entrants?

The threat of new entrants is known to be a risk liked with new competitor that produce for current companies in an industry.

This is said to often take place when a new company is  said to be starting to sell a similar product or service based on the fact that they are an existing company.

See options below

Multiple Choice

rivalry among competitors

bargaining power of buyers

bargaining power of suppliers

threats of substitute products or services

threats of new entrants

Learn more about  threats of new entrants  from

https://brainly.com/question/1438685

Antoine is giving a speech about the national mall in washington,


d.c. and plans to highlight three key locations. first, he plans to talk about the capitol building, which is located on the east end of the mall. second, he plans to talk about the washington monument, which is located in the middle of the mall. finally, he plans to talk about the lincoln memorial, which is located on the west end of the mall. which pattern of organization is antoine using

Answers

Answer:

Spatial

Explanation:

The pattern of organization that antoine was using is SPATIAL PATTERNS OF ORGANISATION.

Spatial pattern of organization is the type of patterns that help to arranges or organized information according to how they exists in relation to another which is why SPATIAL pattern is useful in a situation where a writer wishes or desire to create a great mental picture of something which has several parts differentiated by physical location during a speech just as in the case of Antoine in which

he first plans to talk about the capitol building, located on the east end of the mall. The second location he plans to talk about was the washington monument, located in the middle of the mall while the third location he plans to talk about was the lincoln memorial, located on the west end of the mall. This shown that Antonie was using SPATIAL pattern of organisational when he was planning on how to give the speech reason been that the speech Antonie intended to speak about based on three locations was plan ,organized and arranged based on how the location fit together in physical space.

When an accounts payable ledger is used, the Accounts Payable account in the general ledger becomes a(n) __________ account.

Answers

Answer:

When an accounts payable ledger is used, the Accounts Payable account in the general ledger becomes a(n) control account.

Explanation:

When an accounts payable ledger is used, the Accounts Payable account in the general ledger becomes a control account. The specifics of each invoice that was received from a supplier have listed in an accounts payable ledger. Each invoice's specific payable information, including its number, date, supplier, and amount paid, is recorded in the ledger.

What is the accounts payable general ledger?

The specifics of each invoice that was received from a supplier have listed in an accounts payable ledger. Each invoice's specific payable information, including its number, date, supplier, and amount paid, is recorded in the ledger.

Since accounts receivable and accounts payable contain a high volume of transactions and must be divided into subsidiary ledgers rather than clogging the general ledger with excessively detailed information, control accounts are most frequently used to summarize these areas.

Learn more about the accounts payable general ledger here:

https://brainly.com/question/17201999

#SPJ2

Parent's Signature:------------
Sep
1
Balances brought forward: Cash $ 1620, Bank $9800
Trade Payables: Blue $ 800; Red $1200; White $2000
Trade Receivables: G Graham $500; A Ahmed $180; R Brown $640
b/a
70
2
6
8
9
>
The following paid their accounts by cheque, in each case deducting 5% cash discounts:
G Graham $500; A Ahmed $180; R Brown $640
Sold goods on credit Alan $900
Paid rent by cheque $350
H Mohamed lent us $6700 by cheque
We paid the following accounts by cheque in each case deducting 2 %% cash discount:
Blue $ 800; Red $1200; White $2000
Alan paid us the amount owed by him after allowing the discount of 10%
Paid motor expenses in cash $120
P Jack pays his account of $210, by cash $200, deducting $10 cash discount
Cash withdrawn from the bank for business use, $650
Paid wages in cash in cash $ 140
Cash withdrawn from the bank for personal use, $300
Received commission by cheque $260
Purchased furniture for $2200 and paid half of it by cheque
Cash deposited to bank account $600
Three Column Cash Book
12
15
18.
22
26
27
30
Date
Details
DA (S)
Date
Details
DR(S) Cash(s)
Cash($) Bank ($)
1620 9800 1
Bank($)
A Sep Balance b/a
Blue​

Answers

Answer:

its good

Explanation:

it's great vsvhebejehsdhdbehhebehdbeh

how can team members personally enhance the recipe for service?

Answers

Team members can personally enhance the recipe for service by actively contributing to the improvement of service delivery, fostering a positive work culture, and continuously developing their skills and knowledge.

Team members play a vital role in enhancing the recipe for service by actively contributing their efforts and ideas. They can personally enhance the recipe for service by delivering exceptional customer experiences, going above and beyond their assigned responsibilities, and finding ways to improve service delivery processes. This includes actively listening to customers, addressing their needs and concerns, and providing personalized and attentive service.

Moreover, team members can contribute to enhancing the recipe for service by fostering a positive work culture within the team. This involves promoting collaboration, open communication, and mutual support among team members. By cultivating a positive and supportive work environment, team members can create a foundation for delivering excellent service and promoting teamwork.

Additionally, team members can personally enhance the recipe for service by investing in their own development. This can involve seeking opportunities for training, acquiring new skills, and staying updated with industry trends and best practices. By continuously improving their knowledge and skills, team members can better serve customers, adapt to changing needs, and contribute to the overall success of the organization's service delivery.

Overall, team members' active participation, dedication to customer satisfaction, promotion of a positive work culture, and commitment to personal growth are key ingredients in enhancing the recipe for service.

Learn more about Team members here: https://brainly.com/question/32933063

#SPJ11

Management, can anyone help me?

Management, can anyone help me?

Answers

I think it is C I looked up some stuff and they all add up to C

Question 6 In cloudonomics, the coefficient of variation (Cv) is a measure of smoothness of (aggregate) demand(s). What is the impact of increasing the load from 1 workload to n on Cv under perfectly positively correlated demands

Answers

The impact of increasing the load from 1 workload to n is that the value of the cv would remain constant.

What is Cloudonomics?

This is also referred to as the economics of cloud. It has to do with the cloud economic equation.

The main elements of cloudonomics are:

CostsThe business casesThe returns that are expected back

Read more on coefficient of variation here:

https://brainly.com/question/12327871

Depending on your age and the state you live in, you may have to obtain a work permit before you can legally work.


Please select the best answer from the choices provided

T
F

Answers

Answer: True ;)

Explanation:

Answer:

t

Explanation:

edge 2023

On the books of the Fed the difference between borrowed reserves and discount loans is equal toA) excess reserves.B) required reserves.C) currency in circulation.D) zero; they are the same thing.

Answers

The difference between borrowed reserves and discount loans on the books of the Federal Reserve is equal to zero; they are the same thing.

Borrowed reserves and discount loans refer to the same type of transaction. Borrowed reserves occur when a depository institution borrows reserves directly from the Federal Reserve in order to meet its reserve requirement. Discount loans are loans made by the Federal Reserve to depository institutions.

These loans are made in order to provide liquidity to the banking system. Both borrowed reserves and discount loans are short-term loans that need to be paid back with interest. The funds loaned and the interest charged are recorded on the books of the Federal Reserve. Therefore, the difference between borrowed reserves and discount loans is equal to zero.

Know more about Federal Reserve  here

https://brainly.com/question/23247429#

#SPJ11

yolef and stacia enter into a contract for stacia to cook a meal for yolef and yolef to pay stacia $50. yolef shows up at stacia’s house with $100. yolef’s actions are an example of _______.

Answers

Yolef and Stacia enter into a contract for stacia to cook a meal for Yolef and Yolef to pay stacia $50. Yolef shows up at Stacia’s house with $100. Yolef’s actions are an example of  soft of overall performance

Tender of performance is a suggestion or try by one celebration to a settlement to carry out their obligations beneath the contract. By displaying up at Stacia’s residence with $a hundred, Yolef is offering to pay Stacia $50 for the meal, as agreed inside the agreement.

Yolef does not must pay Stacia till Stacia performs her part of the agreement, that is to prepare dinner the meal. However, by using tendering performance, Yolef is demonstrating his willingness and readiness to fulfill his contractual responsibility.

Tender of performance can discharge a party’s responsibilities underneath a settlement if the opposite birthday party refuses or fails to carry out their element.

To know more about tender of performance,

https://brainly.com/question/14041331

#SPJ1

the closing price of a stock is an example of ratio data. T/F

Answers

False. An illustration of interval data is the stock's closing price.The price at which a stock is exchanged at the conclusion of a trading day is referred to as the closing price of the stock.

The final price at which a stock is traded on a given day is known as the closing price. This price, which is established by the final transaction of the day, is regarded as a crucial barometer of a stock's performance. The stock's closing price is used to determine daily price changes and can be used to examine the stock's overall trend over time. Additionally, it serves as a benchmark for the opening price of the following trading day. Several variables, including firm performance, economic indicators, and market attitude, have an impact on the closing price. It is frequently covered in financial news and analysis and is an important piece of knowledge for investors to have when choosing an investment. The final pricing is taken into account.

Learn more about closing price here:

https://brainly.com/question/25946996

#SPJ4

Discuss the benefits of gaol setting on your career choice

Answers

Goal setting is a powerful tool for anyone looking to advance their career. By setting specific objectives and taking active steps to achieve them, you can increase your motivation, focus, and satisfaction in your work, ultimately helping you to achieve success in your chosen field.

What is goal setting?

Generally, Goal setting is an essential process that involves identifying and prioritizing specific objectives that an individual wants to achieve in their personal or professional life. When it comes to career choice, goal setting can offer several benefits, including:

Increased motivation: Setting specific goals for your career can help to boost your motivation and drive towards achieving your objectives. Having a clear target in mind can help you stay focused and energized, even when faced with challenges or setbacks.

Improved focus: By setting specific goals, you can prioritize your efforts and focus on the tasks that are most relevant to achieving your career objectives. This can help to streamline your work and avoid distractions, allowing you to make progress towards your goals more efficiently.

Better decision making: When you have a clear set of goals for your career, you can use them as a framework for making important decisions. This can help you evaluate different opportunities or paths in terms of how they align with your objectives and choose the ones that are most likely to help you achieve your goals.

Enhanced career satisfaction: Achieving your career goals can be a source of great satisfaction and fulfillment. By setting clear objectives for your career and taking active steps to achieve them, you can increase your sense of purpose and fulfillment in your work.

Read more about goal setting

https://brainly.com/question/1705973

#SPJ1

nominal gdp is multiple choice 1 a. adjusted for inflation, whereas real gdp is the market or money value of all final goods and services produced by the economy in a given year. b. the sum of intermediate and final goods and services, whereas real gdp is the sum of final goods and services only. c. the market or money value of all final goods and services produced by the economy in a given year, whereas real gdp is adjusted for inflation. d. determined in the market, whereas real gdp is computed by a government agency.

Answers

Nominal GDP is c. The market or money value of all final goods and services produced by the economy in a given year, whereas real GDP is adjusted for inflation.


Nominal GDP measures the total value of all goods and services produced in a given year, expressed in the price of that period. It does not take into account the effect of inflation, which can distort the real purchasing power of a nation's output. Real GDP, on the other hand, measures the output of the economy, adjusting for inflation and expressing the result in constant dollars, allowing for a better comparison of economic growth from one period to the next.

Nominal GDP is determined in the market and is measured by collecting information from businesses and households. Real GDP is computed by a government agency and is measured by applying a price index to the nominal GDP figures. This price index is the consumer price index (CPI).

In conclusion, nominal GDP is the market or money value of all final goods and services produced by the economy in a given year, whereas real GDP is adjusted for inflation.

Nominal GDP is the market or money value of all final goods and services produced by the economy in a given year, whereas real GDP is adjusted for inflation. Thus, option c is the correct answer.What is GDP?Gross Domestic Product (GDP) is the market or money value of all final goods and services produced by a country's economy during a given period. It is a measure of a country's economic performance and development over time.GDP can be calculated in two ways: nominal GDP and real GDP. The following are the definitions and distinctions between the two:Nominal GDP:Nominal GDP is the market or money value of all final goods and services produced by the economy in a given year. In other words, nominal GDP is the GDP value at current prices without any adjustment for inflation.Real GDP:Real GDP, on the other hand, is GDP that has been adjusted for inflation. Real GDP removes the effects of inflation from nominal GDP, resulting in a more accurate measure of an economy's production value over time.Real GDP is calculated by adjusting nominal GDP for inflation. This is done to account for the fact that the purchasing power of money changes over time. Real GDP is calculated using the base year's prices, which are adjusted for inflation to account for price changes over time.

For more questions on Nominal GDP

https://brainly.com/question/834792

#SPJ11

Other Questions
Nicole is the Executive Director of a local food bank and is assessing the financial situation of her not-for-profit organization. Nicole uses a(n) ________ to determine whether revenues from contributions and other sources will cover operating costs. 1. Gilbert wants to know the dimensions of his (3x2 12x + 9) square unitsrectangular lot. What is the length and width of his lot? What makes up the system of fiscal federalism? Atticus said, "You never really understand a person until you consider things from his point of view . . . until you climb into his skin and walk around in it."Put this quote into your own words, using 1 complete sentence. (1 point)Relate Atticus's statement to chapters 1-3 and the way in which this quote relates to ONE of the characters thus far. You must include one clear example from within the text to support your response. (3 points) A community ruled by another country, not by its own people. P2O5 is a covalent compound used to purify sugar. What is the name of this compound?diphosphorus oxidediphosphorus pentoxidephosphorus oxygenphosphorus pentoxidei is PLEASE HELP FASTPERSONAL RESPONSE: Dr. Frankenstein reflects on his creation, For this I had deprived myself of rest and health. I had desired it with an ardour that far exceeded moderation; but now that I had finished, the beauty of the dream vanished, and breathless horror and disgust filled my heart. Write an essay in which you reflect on a time you invested a substantial amount of time and energy to create, earn, or obtain something you believed was important, but then had an unexpected reaction to the finished product. What lessons did you learn, and how does this connect to Frankenstein's reaction? Include relevant evidence from the text to support your response. In 2003, the population of an African country was about 10.9 million people, which is 1 million more than 3 times the population in 1950. Enter and solve an equation to find the approximate population p (in millions) in 1950. An equation is The approximate population in 1950 was million people. What volume, in liters, of 6. 11 M NaOH solution would you need to prepare 580. 0 mL of a 0. 135M NaOH solution by dilution? please show all work two cables can be used to wire a circuit. cable a has lower resistivity, a larger diameter, and a different length than cable b. which cable should be used to minimize the heat loss if the same current is maintained in either cable? (a) cable a (b) cable b (c) the heat loss is the same for both. (d) it cannot be determined without knowing the length of each cable. (e) it cannot be determined without knowing the materials contained each cable. A quadratic function has an axis of symmetry at x=4 and contains the points (2, -6) and (7, -11). Find the equation in standard form (y=ax2+bx+c). Then state the "a" value in the equation. What is the central idea of the passage? The day she met her teacher was the most important day of Helens life. On March 3, 1887, Anne was seven years old. Helen was waiting on the porch and sensed something important was happening. Helen Keller knew something unusual was about to happen. Exercise 1 Add commas where necessary. Cross out commas used incorrectly by using the delete symbol . Write C in the blank if the sentence is correct as written.Miguel won first place in the judo contest, didnt he? are you from america i think you are crazy a nurse provides medication teaching for a client with obesity who is prescribed lorcaserin. which statement will the nurse include in the teaching? What's the most natural source for vitamin D?waterO milkO grainsO the sun A scale drawing of an office space uses a scale of 1 in : 5 yd. The scale drawing has an area of 12 square inches. What is the area of the actual office space Read the excerpt from The Odyssey. Few men can keep alive through a big surf to crawl, clotted with brine, on kindly beaches in joy, in joy, knowing the abyss behind: and so she too rejoiced, her gaze upon her husband, her white arms round him pressed as though forever. From which part of Odysseuss epic journey is this excerpt taken? his call to adventure his road of trials his supreme ordeal his return home Solve the following using the fritz-john conditions. the given answers are correct.Maximize 2x1 + 5x2 S.T. 2x12 + 5x22 = 13 Use an order-statistic tree to count the number of inversions in an array of size n in time O(n lg n). Two elements a[i] and a[j] form an inversion if a[i] > a[i] and i