The table contains prices and output for a two good economy, Nominal and real GDP in 2013 are both $58,250. Use the
information in the table to answer the questions.

Answers

Answer 1

1. The nominal GDP in 2014 for the two-good economy was $71,250.

2. The real GDP in 2014 for the two-good economy was $48,250.

3. Real output from 2013 to 2014 has B) decreased for the two-good economy.

What is the difference between nominal GDP and real GDP?

The difference between Nominal GDP and Real GDP is that Nominal GDP uses the current dollar prices without accounting for inflation.

On the other hand, Real GDP removes the effect of inflation in computing the GDP.

The formula for Nominal GDP is Current Price x Current Quantity.

The formula for Real GDP is Base Year Price x Current Quantity.

Data and Calculations:

                           Shirts               Pants

Year           Price  Quantity    Price  Quantity

2013          $5.50  1,500      $10.00    5,000

2014            7.50  1,500      $15.00     4,000

Nominal GDP:

2013 = $58,250

2014 = $71,250 ($7.50 x 1,500 + $15 x 4,000)

Real GDP:

2013 = $58,250

2014 = $48,250 ($5.50 x 1,500 + $10 x 4,000)

Thus, whereas the nominal GDP in 2014 was $71,250, the real GDP was $48,250.

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Question Completion:

The table below contains prices and output for a two-good economy. Nominal and real GDP in 2013 are both $58,250.

Use the information in the table to answer the following questions.

1. What was the nominal GDP in 2014?

2. What was the real GDP in 2014? Use 2013 as the base year?

3. Real output from 2013 to 2014 has:

A) experienced inflation.

B) decreased.

C) stayed the same.

D) increased.

                           Shirts               Pants

Year           Price  Quantity    Price  Quantity

2013          $5.50  1,500      $10.00    5,000

2014            7.50  1,500      $15.00     4,000


Related Questions

Elite groups in the eighteenth century

B. comprised only 3 to 5 percent of the total population. D. comprised about a third of the total population. C. comprised about half of the total population. A. made up a majority of the total population which one is it

Answers

The elite groups in the eighteenth century comprised of only 3 to 5 percent of the total population.

Who are the elite groups?

It refers to the small group of the powerful people who hold a disproportionate amount of wealth, privilege, political power, skill in a group.

During the eighteenth century, the elite groups are minority in number but they exert a large influence on the large masses because of their wealth.

Hence, the elite groups in the eighteenth century comprised of only 3 to 5 percent of the total population.

Therefore, the Option B is correct.

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What can you infer about the person who created this engraving? Which Side did he favor cite evidence to support your conclusion

Answers

Infer about the person who created this engraving: It turned into created via a supporter of rights without cost blacks and mulattoes.

Engraving is an intaglio printmaking procedure wherein traces are reduced into a metallic plate so that it will keep the ink. In engraving, the plate may be made of copper or zinc. The metallic plate is first polished to put off all scratches and imperfections from the floor so that handiest the intentional lines can be published.

Engraving was a traditionally crucial approach of manufacturing photographs on paper in creative printmaking, in mapmaking, and also for industrial reproductions and illustrations for books and magazines. It has long been replaced by using various photographic tactics in its industrial programs and, partly because of the issue of learning the method, is an awful lot much less commonplace in printmaking, wherein it has been in large part replaced by way of etching and different techniques.

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How many people died from slave labor during the time Joseph Conrad called the vilest scramble for loot that ever disfigured the history of human conscience

Answers

In Heart of Darkness, Joseph Conrad portrayed events in the Congo as "the vilest chase for loot that ever scarred the history of human conscience."

Over 10 million Congolese perished during King Leopold's rule in the Congo, and he amassed a wealth of $1.1 billion, which he buried in foundations, Swiss banks, shell businesses, and mansions on the French Riviera.

Who exactly is Joseph Conrad?

Joseph Conrad was a Polish-British author widely recognized as one of the finest to have written in English.

Despite the fact that he could not speak English effectively until his thirties, he became known as a great prose stylist who introduced a non-English sensibility into English writing.

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Answer: 5 million

Explanation: 5 million people died form slave labor during this period.


The difference between a change in quantity supplied and a change in supply is that a change in:

Answers

Answer:

supply is the amount of a good/service that is available whereas quantity supplied is how much of a good/service a producer is willing and able to make/sell at a specific price.

Instruction Active
The Structure of the Executive Branch
Introduction: Match each part of the executive branch with the main job it performs.
cabinet
president
vice president
Executive Office of the President
Intro

advises the president and leads the
executive departments
oversees the executive branch
serves as president if the president cannot
perform his or her duties
provides support for the day-to-day running
of the government



EDGE - 2022

Answers

Following are the match of  each part of the executive branch with the main job it performs:

Cabinet  - advises the president and leads the executive    departments

President  - oversees the executive branch

vice president  -   serves as president if the president cannot perform

                          his or her duties

Executive Office  -  provides support for the day-to-day running of       of the President                the  government

What is a job?

When any person gets any kind of responsibility along with authority, and all they have to do is perform that particular task within a given time period, it comes under the job.

Sometimes the job is paid, and sometimes it comes under the non-payment or not-paid jobs. All the above-mentioned are the jobs that are to be done by the executive branch of the government.

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Who was hired to blaze a trail through the cumberland gap for the transylvania company in 1775

Answers

Answer:

frontiersman Daniel Boone

____ concluded through research that casual dating was a form of entertainment that had little to do with mate selection. a. Émile Durkheim c. John Butler b. Willard Waller d. none of the above

Answers

Answer:

B. Willard Waller

Explanation: he concluded that casual dating was a form of entertainment and did not have much relation with mate selection

Answer:

B. Willard Waller

Explanation: he concluded that casual dating was a form of entertainment and did not have much relation with mate selection

hope it's correct and helpfull

why were so many early civilizations along rivers?
why is that significant/what does that show us?

Answers

Many early civilizations were built along rivers so they could have easy access to water for drinking and farming. They didn't have advanced pipe systems like we do now, so they couldn't transport water over long distances.

Please give brainliest.

Answer:
Why were so many early civilizations along rivers?: Since ancient times humans have lived near water since water is the most basic for sustaining human life and development. Many civilizations were established and developed along rivers and managed water resources to reduce the impact of floods and droughts.

Why is it significant/what does that show us?: It shows us the human need for water and its significance in our lives since ancient times and how we lived near it in order to survive.

Explanation: Hope this helps <33

Identify the correct statement about Patent
Select the correct option(s) and click submit?

It can be sold.
It can be licensed.
It can be assigned.

Answers

Answer:

All is correct

Explanation:

ALL the given statement above is correct

How does the federal government provide money and resources to the states?

Answers

Answer:

By taxing people

Explanation:

16. Little Billy is clinically depressed. He sees a psychologists who teaches Billy that his false
and negative thoughts are to blame for his depression. The psychologist then trains Billy how to
think positively about himself and situations. What approach of psychology was the psychologist
using with Billy?
a. Biological approach /
b. Psychodynamic approach
& Humanistic approach
d. Cognitive Approach

Answers

The approach that the psychologist was using with Billy is Cognitive Approach.

The study of cognitive processes, including attention, language, memory, perception, problem-solving, creativity, and reasoning, is known as cognitive psychology. According to cognitive psychologists, the mind actively processes data from our senses (touch, taste, etc.). When we use a cognitive approach to learning and teaching, we emphasize understanding facts and ideas. The cognitive approach's ability to consistently use highly controlled and rigorous methods of study to allow researchers to infer cognitive processes at work is one of its strengths. For this, lab experiments have been used to generate trustworthy, impartial data. This research has a wide range of real-world applications, including helping people deal with memory disorders, making better decisions, recovering from brain injuries, treating learning disorders, and organizing education.

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Explain the difference between government type (Oligarchy, Dictatorship, Democracy, Theocracy, Monarchy) and government structure (Unitary, Federal, Confederate, Parliamentary, Presidential).

Answers

Answer:As nouns the difference between oligarchy and dictatorship is that oligarchy is a government run by only a few, often the wealthy while dictatorship is a type of government where absolute sovereignty is allotted to an individual or a small clique.

Explanation:       i hope i helps

SOC 535
Chapter one assignment
Please respond to the following in paragraph form, providing an appropriate level of detail and specificity. Single sentence replies are insufficient! Spelling, grammar, and punctuation count. Do not submit work that has not been proofread. Your submission should be an absolute minimum of six well-developed paragraphs (A minimum of five sentences per paragraph.).
Reading one:
As the authors state, “According to Gallup polls on adult attitudes toward education, adults expect schools to teach basic skills, discipline children, and instill values and a sense of responsibility” (p. 7). To what extent do you agree or disagree with that statement? In your opinion, what should be the point(s) of education? Should education be conservative, reinforcing the status quo and creating students who can be ‘plugged into’ pre-existing roles and positions? Should it be progressive, encouraging students to fight injustice and inequality? Should it be revolutionary, with the goal of creating new social forms and a new society? Or should the point(s) of education be something altogether different? If so, be specific.
Reading two:
First, distinguish between macro and micro level theories, providing examples of questions macro and micro level oriented theorists may pose. Next, provide a brief summary of a micro level theory of education, a brief summary of functionalism as applied to education, and a brief summary of conflict theory as it pertains to education.
Reading six:
In a single paragraph, summarize labeling theory. Next, apply labeling theory to the realm of education. What are the bases upon which teachers often make inferences or assumptions about the academic ability and potential of their students? Finally, what is the self-fulfilling prophecy, as originally described by Rosenthal and Jacobson?

Answers

I disagree that schools should be the ones responsible to teach basic skills, discipline children, and instill values and a sense of responsibility. I believe that the school, parents, and community have roles to play.

It should also be progressive, encouraging students to fight injustice and inequality.

How to illustrate the information?

The purpose of education is to develop skills, promote social cohesiveness, and sort students, according to the functionalist view of education. Functionalists contend that schools' primary purpose is to prepare pupils for participation in societal institutions.

While macro theories focus on large-scale social events of society or matters that are of general importance, micro theories explore the processes of face-to-face interaction among individuals and particular points of view in society.

The phenomena of a person's or a group's anticipation for the behavior of another person or group actually serving to bring about the predicted or expected action is known as the self-fulfilling prophecy, also known as the interpersonal expectancy effect.

According to the labeling hypothesis, the terminology used to define or categorize people may determine or have an impact on their behavior and sense of self. It relates to the ideas of stereotypes and self-fulfilling prophecy.

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SOC 535

Chapter one assignment

Please respond to the following in paragraph form, providing an appropriate level of detail and specificity. Single sentence replies are insufficient! Spelling, grammar, and punctuation count. Do not submit work that has not been proofread. Your submission should be an absolute minimum of six well-developed paragraphs (A minimum of five sentences per paragraph.).

Reading one:

As the authors state, “According to Gallup polls on adult attitudes toward education, adults expect schools to teach basic skills, discipline children, and instill values and a sense of responsibility” (p. 7). To what extent do you agree or disagree with that statement? In your opinion, what should be the point(s) of education? Should education be conservative, reinforcing the status quo and creating students who can be ‘plugged into’ pre-existing roles and positions? Should it be progressive, encouraging students to fight injustice and inequality? Should it be revolutionary, with the goal of creating new social forms and a new society? Or should the point(s) of education be something altogether different? If so, be specific.

Reading two:

First, distinguish between macro and micro level theories, providing examples of questions macro and micro level oriented theorists may pose. Next, provide a brief summary of a micro level theory of education, a brief summary of functionalism as applied to education, and a brief summary of conflict theory as it pertains to education.

Reading six:

In a single paragraph, summarize labeling theory. Next, apply labeling theory to the realm of education. What are the bases upon which teachers often make inferences or assumptions about the academic ability and potential of their students? Finally, what is the self-fulfilling prophecy, as originally described by Rosenthal and Jacobson?

Answers

I disagree that schools should be the one responsible to teach basic skills, discipline children, and instill values and a sense of responsibility. I believe that the school, parents, and community have roles to play.

It should also be progressive, encouraging students to fight injustice and inequality.

How to illustrate the information?

The purpose of education is to develop skills, promote social cohesiveness, and sort students, according to the functionalist view of education. Functionalists contend that schools' primary purpose is to prepare pupils for participation in societal institutions.

While macro theories focus on large-scale social events of society, or matters that are of general importance, micro theories explore the processes of face-to-face interaction among individuals and particular points of view in society.

The phenomena of a person's or a group's anticipation for the behavior of another person or group actually serving to bring about the predicted or expected action is known as the self-fulfilling prophecy, also known as the interpersonal expectancy effect.

According to the labeling hypothesis, the terminology used to define or categorize people may determine or have an impact on their behavior and sense of self. It relates to the ideas of stereotypes and self-fulfilling prophecy.

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Should Supreme Court members be separately elected by the people instead of appointed by the President with Senate approval?

Answers

Members of the  Supreme court are appointed by the President situation to the approval of the Senate. To make sure an impartial Judiciary and to defend judges from partisan pressures, the constitution gives that judges serve all through right Behaviour, which has commonly intended existing phrases.

Judges of the excellent courtroom. The manner of appointing Justices has passed through adjustments over two centuries, but its most fundamental function sharing of energy between the President and Senate has remained unchanged: To acquire an appointment to the courtroom, a candidate needs to first be nominated by way of the President after which showed.

The President nominates someone for an emptiness on the court docket and the Senate votes to verify the nominee, which calls for an easy majority. in this manner, both the government and Legislative Branches of the federal authorities have a voice inside the composition of the ideal courtroom.

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Are moral experiences similar to moral dilemmas?

Answers

Answer:

Moral dilemma and moral experience is pretty much the same and they both talk about values, although moral dilemma talks about feelings while moral experiebce talks about persons decisions.

Explanation:

A moral dilemma is a situation in which a person is torn between right and wrong and looks at the very core of a person's principles and values. The choice the person makes may leave them feeling burdened, guilty, relieved, or questioning their values.

A moral experience encompassing a person's sense that values that he or she deem important are being realised or thwarted in everyday life. This includes a person's interpretations of a lived encounter, or a set of lived encounters, that fall on spectrums of right-wrong, good-bad or just-unjust".

why do you think our national movement supported the idea that all adults have a right to vote ??​

Answers

Answer: for fairness and equality

Explanation: it supported fairness and equality. it allowed everyone to share their point of view. (and kids arent politically responsible) (they cant go to jury duty

The ice age covered all of the following EXCEPT:
a) europe
b) asia
c) africa
d) north america

Answers

c ) africa ! pls mark me as brainliest!

Answer:

c. Africa

Explanation:

because , at the the globe some of the Africa countries are not ice.

A researcher conducted an experiment finding that students that practiced reading at least 10 hours per week had better reading comprehension scores than those that practiced in the two categories: 0 hours and 5 hours. Identify which variable is the IV (AND ***be sure to also include each level of the IV**)

Answers

The amount of time a student spent studying for an exam is a quantitative variable because it can be expressed numerically such as 4 hours, and 80 minutes, among other units of time measurement.

Any variable where the data indicate amounts is referred to be a quantitative variable (e.g. height, weight, or age). Any variable where the data represent groupings is referred to as a categorical variable. This comprises categories (like were people placed in a race), rankings (like cereal brands), and binary results (e.g. coin flips).

Variables assessed on a numeric scale are known as quantitative variables, as was covered in the chapter's section on variables. Examples of quantitative variables are height, weight, reaction time, subjective pain rating, temperature, and exam score.

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PLS HELP ME
URBST 101 HW #1-
In the article "Meritocracy: The Great Delusion That Ingrains Inequality" Jo Littler offers an important critique of meritocracy. Answer the following 2 two questions briefly, in NOT MORE than a couple of sentences each.
What is the concept of meritocracy, according to Jo Littler?
Considering the article on Jeff Bezos, how does Amazon undermine meritocracy?

Answers

Answer:

what?

Explanation:

make the question make sense next time.

what are the difference of millennials to other generation

Answers

Answer:

The Millennial Generation is more tolerant of different races, religions, and cultures. Additionally, the Millennial Generation is less likely to have a sense of cultural superiority than older or other generations.

Our own understanding gives us the best indicator on how to have a successful
family.

Answers

A success own family promotes a sense of a positive circle of relatives and character identity, fosters gratifying and pleasing interactions amongst all members, and copes with pressure in a way that successful

family in greater flexibility and cohesiveness in the circle of relatives.

Youngsters in successful families experienced know-how from the large adults of their lives during their developmental years are more likely to come to be loving and caring adults. it's far crucial for dad and mom to apprehend their children, their development, their needs, and their distinctiveness.

Some successful families of helping love and caring for the different circles of relatives participants provide safety and a sense of belonging and open conversation making all of us within the circle of relatives sense essential, valued, reputable and esteemed. here are a few different traits to not forget when comparing how properly our circle of relatives is functioning.

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a measure of how much matter is in an object

Answers

Answer:

Mass

Explanation:

Mass is the measure of of matter in a specific object.

hope this helped! :)

how did agriculture change the lives of the early native Texans

Answers

The chance to cultivate new land initially drew the settlers who would later launch the Texas Revolution.

Texas' identity has always been centered on the land. The chance to cultivate new land initially drew the settlers who would later launch the Texas Revolution. The beginning of the cattle trails would reshape Texas into one of the world's largest cattle producers, instilling the image of the cowboy in the minds of people all over the world. Prior to the arrival of European settlers, the majority of the individuals who lived in what is now Texas were hunter-gatherer communities — nomadic tribes that subsisted on the plentiful flocks of wild buffalo or harvested for game and edible wild plants, fruits, and berries.

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state two reasons why historians refute the claim that the British introduced the rule of law in India ??​

Answers

Historicians refute the claim that the

British introduced the rule of law in

India on account of two main reasons,

Firstly, colonial law was not devoid of

arbitrariness. The Sedition act of 1870

bears testimony to this. This Act allowed

the police to arrest any person protesting

against the British government, without

due trial.

Secondly, Indian nationalists played a

pivotal role in the framing of the Indian

Constitution that upholds equality of all

to law.

Hence, historians vehemently refute the

claim that the British introduced the role

of law to India, because Indians were

constantly discriminated against in

various spheres of the social, political

and administrative life of the country.

When analyzing a photograph you should use a list of questions from your notes titled how to analyze a

Answers

Introspection and self-analysis are necessary to learn how to analyze a photograph. Whether the image was captured by you or another photographer. The evolution of any photographer must include image analysis. The photographic analysis makes it possible for you to identify any faults you might be making. Your work ultimately improves as a result of this realization.

How to analyze a photograph

Step 1: Locate an image for analysis

Identify any reputable advertising picture (stock photos, advertisement images, documentary stock, etc.). I selected the picture you see above from the Unsplash website. Remember the main search phrase you used to locate your image since it will be important when you analyze a photograph it later.

Step Two: Examine Your Image

Start by listing the important words that come to mind as you look at the picture. What do you believe the analyze a photograph aims to convey? The primary search term or tags that you would have used to find your image can also be extracted from this section.

Step 3: People Analysis

The various facets of the analyze a photograph can shed light on the sources of the main concepts in the phase before. These elements may include examining the scene, the characters, the actions, the viewpoints, and the things shown.

Step 4: Reviewing the Situation

The location of the activities is important in influencing the meanings that can be inferred from the analyze a photograph. Spaces are connected to anticipated affordances that are based on cultural and societal assumptions of what can be done there.

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The agency that regulates all modes of transportation at federal and state levels in the
United States is the

A) FRA

B) DOT

C) NTTO

D) UNWTO

Answers

Answer:

NTTO

Explanation:

because they take care of the transportation at federal and state levels.

Which of the following is an emotional warning sign of building conflict?
balled up fists
faster heart rate
wanting to cry
sweaty palms

Answers

The  emotional warning sign of building conflict, balled up fists. Thus, option first is correct.

What is conflict?

Conflict is defined as disagreement between persons caused by a difference in opinion or point of view. In layman's words, it is the clash of the two mind processes that might result in heated disagreements or physical abuse, but which eventually leads to peace between the two.

The individual making a fist indicates that he is about to involve in the conflict with the other person, which can be caused to disagreement or heated argument between the parties.  

Therefore, it can be concluded that option first  is correct.

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A family from France visits Abu Dhabi on holiday.Is this an import or an export

Answers

Answer:

Import

Explanation:

An import is something being sent into a country, an export is something being sent out of it.

how kings in Assyria different from the president?

Answers

Answer:

Explanation:

What was the role of Assyrian kings?

Image result for How kings in Assyria different from the president?

The assumption of many traditional southern titles, including the ancient "king of Sumer and Akkad" and the boastful "king of the Universe" and "king of the Four Corners of the World", by the Assyrian kings served to legitimize their rule and assert their control over Babylon and lower Mesopotamia.

What was the role of a president?

The President is both the head of state and head of government of the United States of America, and Commander-in-Chief of the armed forces. Under Article II of the Constitution, the President is responsible for the execution and enforcement of the laws created by Congress.

find the differentness

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