The Certified Information Systems Security Professional certification is at the professional level and calls for five years of work experience. It is intended to highlight managerial abilities in security.
What does an information systems security professional with certification do?A secure company environment employing internationally recognized security standards is designed, built, and maintained as part of the CISSP certification. Additionally covering industry best practices, this program will get you ready for the CISSP certification test.
A worldwide accepted benchmark for cyber security experts is the Certified Information System Security Professional (CISSP). The individuals responsible for ensuring network security for your company are the IT security experts.
How valuable is IT's CISSP certification?The CISSP certification is very significant since it gives cyber security professionals the knowledge and expertise they need to use in their professional lives. The extra advantages you receive from having a CISSP certification are unparalleled.
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when evaluating how much to produce, increase the quantity produced if the marginal benefit of an additional item is _____ the marginal cost of the additional item.
If the marginal benefit of an extra item is greater than or equal to the marginal cost of the additional item, raise the quantity produced when determining how much to produce.
The difference in total production costs caused by creating or producing one extra unit is known as the marginal cost in economics. Divide the variation in production costs by the variation in quantity to determine marginal cost. Finding the point at which an organisation can realize economies of scale to improve production and overall operations is the goal of marginal cost analysis. The producer may make money if the marginal cost of producing one extra unit is less than the price per unit.
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Marina (33) will use the single filing status. She itemized deductions in 2020. She plans to itemize for 2021. For her plan to itemize deductions to be the most beneficial her itemized deductions should exceed a threshold amount of:
A. $12,400
B. $12,500
C. $13,900
D. $18,800
Based on the single filling status of Marina, and current tax laws on itemized deductions, for Marina's itemized deductions to be beneficial, they should exceed a threshold of B. $12,500.
How to find the most beneficial itemized deductions?Tax laws are such that if the expenses you wish to deduct as itemized deductions are more than the standard deduction, then you should itemize your deductions.
What this means is that for Marina's plan to itemize deductions to be successful, she needs to have less itemized deductions than the standard deduction for those who are married and filing single. But, this amount should be as close as possible to the standard deduction.
In 2021, the standard deduction for those filing single was $12,550. This is as opposed to $18,800 for Heads of Households. The advantageous itemized deductions that Marina should exceed therefore, is $12, 500.
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Using at least five (5) of the performance indicators, what can management do to
improve the firm's profitability?
Profitability may be boosted in four important areas. Costs are being cut, turnover is rising, productivity is up, and efficiency is up.
What are the five methods to boost profits?Boost your prices.
More customers are needed.
Increase the number of times your consumers buy from you.
Customers' purchases should be increased.
Boost the effectiveness of the production of goods and services.
How can the profitability of the branch be increased? Please list five strategies to improve branch profitability.Define your connections.
Determine the best and worst performers.
control risk in the right way.
dependent on the relationship, the price.
a bonus determined by profitability.
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which basis of accounting is used for the basic governmental functions of state and local governments? a. cash basis of accounting b. modified accrual basis of accounting c. accrual basis of accounting d. regulatory basis of accounting
Modified accrual basis of accounting is used for the basic governmental functions of state and local governments.
Elaborate on modified accrual basis of accounting.A different bookkeeping technique called modified accrual accounting combines accrual basis accounting and cash basis accounting. With some exceptions, it records expenses when obligations are incurred and recognizes revenues when they are measurable and available. Modified accrual accounting is widely used by governmental organizations.
Transactions are recorded using the cash basis of accounting when money is exchanged. In the same way that expenses are not recorded until after they have been paid, neither is revenue. This implies that future liabilities or anticipated revenue are not recorded in financial accounts until the cash transaction has actually occurred.
As opposed to this, accrual accounting records revenue when a legal obligation is established and recognizes expenses as they are incurred, regardless of the status of the charges.
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A loan for $2000 with a simple annual interest rate of 19% was made on November 11 and was due on January 16 find the ordinary interest
When a loan for $2000 with a simple annual interest rate of 19% was made on November 11 and was due on January 16, then the rate of ordinary interest will be 3.3%.
What is the significance of simple interest?In the situation given above, the simple interest for 1 day will be,
Daily simple interest = Annual Rate/365
Daily simple interest = 19/365 = 0.05%
The tenure of the loan was 66 days between November 11 and January 16, so the charged interest will be,
Interest for 66 days= 66 x 0.05 = 3.3%
Now the actual amount of interest to be charged over the loan will be,
Actual interest charged = 2000 x 3.3% = $66.
Therefore, the significance regarding simple interest has been aforementioned.
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Choose the response that completes the following sentence. A cash distribution from a qualified retirement account in which the taxpayer ONLY made pre-tax contributions:
A. is always fully taxable
B. is never taxable
C. is only taxable at the state and local level
D. may be partially taxable
The one response that will help in completing the given statement is: “is never taxable.” Hence, Option B is correct.
What is tax?A tax is a mandatory fee or financial charge that a government imposes on a person or a business in order to raise money for public projects like building the greatest infrastructure and services.
The government uses taxes to fund a variety of welfare programmes, including job initiatives. The government must pay the administrative costs for the thousands of staff in the numerous departments.
It is never taxed to withdraw cash from a qualified retirement account where the taxpayer only made pre-tax contributions.
Therefore, Option B is correct.
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bruce wills has been making contributions into an individual retirement account on behalf of his nonworking wife. what type of individual retirement account is this?
This is a spousal IRA retirement account that bruce wills has been making contribution into.
What is retirement account and what type of individual retirement account is mentioned here?A retirement account allows and provides one the opportunity to save money for retirement.An IRA that is individual retirement account is the same in the financial booth , saving and depositing money for retirement.Individual retirement account offers tax free money deposit and money saving for retirement.Here bruce wills has been making contributions into an individual retirement account on behalf of his non working wife.Hence it is spousal IRA retirement account that bruce will has been making contribution into.To know more about retirement account visit:
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What do Macabacus’ Error Wrap shortcuts do?
Answer:Adjust formulas of selected cells to replace errors from existing formulas with custom error messages or values using an IFERROR wrapper
Explanation:
Some reasons unethical business practices happen are
career advancement
confusion
Ogreed
unintentional lack of awareness
Customer objections can be categorized as relating to
Group of answer choices
timing and sequence.
need and sequence.
source and pitch.
product and price.
Customer objections can be categorized as relating to: product and price.
What are customer objections?Customer objections are those concerns that a customer has that can make them hesitate on purchasing a product. Often such objections relate to the product and, or its price.
When the customer senses that something is wrong with the product, or it is simply what they do not need at that time, they often tend to draw back from purchasing the product. So, when broadly categorized, we can say that customer objections can stem from the product and its price. Sellers should ensure that their products are in the best conditions.
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in some years, the turkish government has paid wheat farmers an additional 50 cents on every bushel of wheat they sell. this money is an example of a(n)
Subsidy , Subsidies are a strategy used by governments to promote production and consumption in particular industries.
What is subsidy?
A subsidy is a direct or indirect government payment to people or businesses, typically in the form of cash or a targeted tax break. According to economic theory, subsidies can be used to reduce externalities and market imperfections to boost economic efficiency.
Subsidies are a strategy used by governments to promote production and consumption in particular industries. An industry can enable its manufacturers to generate more goods and services when the government introduces supplier subsidies.
A government incentive or subsidy is a type of financial assistance or support given to an industry typically with the goal of advancing economic and social policy. Although frequently provided by the government, a subsidy can refer to any kind of assistance.
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what advantages do corporations receive when operating in favorable areas within a given country? b. labor specific c. capital specific d. location specific g
Personal liability protection, business continuity and security, and easier access to capital are all advantages of a corporation. A corporation has strict formalities and protocols to adhere to in addition to being time-consuming and subject to double taxation.
What advantages do economies of scale provide?Profits rise as a result of economies of scale, which also provide businesses with a platform for expansion and a higher return on investment. Scale of a larger company: As a company grows in size, it becomes more stable and less susceptible to external threats like hostile takeover bids.
What are the most significant benefits of a corporation?Limited liability, the ability to raise money for investments, perpetual existence, employee benefits, and tax advantages are all advantages of a corporation. The disadvantages include higher profits taxes and higher setup costs.
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5. Due to a recession, expected inflation this year is 3%, and 3.25% in year 2. However, the inflation rate in year 3 and thereafter is expected to be constant. Assume the expectations theory holds and the real risk-free rate is 2.5%. If the yield on 4-year T-bond equals 1-year bond plus 2%, what is the inflation rate after year 2?
The expected inflation, and the bond yields for the 4 year treasury bonds as well as the risk free rate mean that the inflation rate after year 2 is 6.88%.
What is the inflation rate?The inflation rate refers to the rate by which the prices of goods and services are increasing in an economy.
When given the bond yields in various years, you can be able to find the inflation rate if the expectations theory holds.
In this case, find the Yield on the 1 year treasury bond first. This can be found as:
= Risk free rate + Inflation premium
= 2.50% + 3.00%
= 5.5%
The inflation premium for the 4 year treasury bond needs to be found as:
= Yield on 4 year T-bond - Risk free rate
= 7.50% - 2.5%
= 5%
The inflation for the years after year 2 and onwards is therefore:
= (20% - 6.25%) / 2
= 13.75% / 2
= 6.88%
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When computing the cost of the basket of goods and services purchased by a typical consumer, what changes from year to year?
The charge of goods and services and offerings modifications from 12 months to 12 months while calculating the fee incurred while shopping a basket of products. This is due to the modifications withinside the inflation rate, which influences the shopping electricity of a currency.
To locate the CPI in any 12 months, divide the charges of the marketplace basket in 12 months t through the fee of the equal marketplace basket withinside the base 12 months. The CPI in 1984 = $seventy-five/$seventy-five x a hundred = a hundred The CPI is simply an index fee and its miles listed to a hundred withinside the base 12 months, in this example 1984. So, fees have risen through 28% over that 20 12 months period.
The fee of the constant basket of products and offerings need to be calculated for whenever period. Like computing GDP, the fee of the constant basket of products and offerings is located through multiplying the amount of every object instances its charge. A base 12 months is selected, and the index is computed.
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10. NIMS Components are adaptable to planned events such as sporting events.
OA. TRUE
OB. FALSE
NIMS Components are adaptable to planned events such as sporting events. This, statement is true. Thus, option (a) is correct.
This means that the National Incident Management System (NIMS) features can be implemented to planned events, including athletic events, to guarantee effective incident management and response.
The National Incident Management System (NIMS) Training Programme serves to reduce risk by increasing readiness. The training programme supports the training and qualification of emergency management employees in NIMS ideas and principles.
As a result, the significance of the statement is true are the aforementioned. Therefore, option (a) is correct.
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You are to enter up the necessary Ledgers for the month of June from the following details, and then balance off the accounts and extract a trial balance as at 30th June 2021 Started firm with capital in cash Kshs. 750,000 Bought goods on credit from F. Kamau Kshs.16200, K. Musioka Kshs. 26100, G. Mutiso. Kshs.7500, M. Kim 22800 and F. Njoroge Kshs. 19200 Sold goods on credit to M. Coke Kshs.12000, T. Big Kshs. 18600 and K. Ngai June 1: June 2: June 4: June 6: June 9: June 10: June 12: June 15: June 18: June 21: June 30: Kshs. 52800 Paid rent by cash Kshs. 3600 M. Coke paid us his account by cheque Kshs. 12900 H. Muigai paid us Kshs. 45000 by cheque We paid the following by cheque G. Mutiso Kshs. 7500, F. Kamau Kshs. 6200 Paid carriage by cash Kshs. 6900 Bought goods on credit form K. Musioka Kshs. 129, M. Kim Kshs. 33000 Sold goods on credit to T. Big Kshs. 20100 Paid rent by cheque Kshs. 5400
Answer: A ledger is the principal book of account where we record all transactions of a business
the Trial balance is used to complete the dual aspect of any transaction and to ascertain the correctness of the ledger postings.
Explanation:
We first of all prepare a cash book to record all the cash transactions
Accounts to Debit:
30/6/2021 Capital 750, 000
M. Coke 12,900
H. Mugai 45,000
Accounts to Credit:
Rent 36,000
R. Mutiso 7500
F. Kamau 6200
Carriage 3600
rent 5400
Balance = 123,900 - 58,700 = Kshs 74,900
next is to prepare the purchases account as follows
F. kamau 16200
K. Musio 26100
G. Mutiso 7500
M. Kim 55,800
F. Noroge 19,200
K. Musaioka 129
Total purchases on credit 124929
Sales ledger Account
M. coke 12000
T. Big 38100
K. Ngal 52800
Total sales on credit 102900
Trial balance as at 30th June, 2021
Credit
Capital 750, 000
M. Coke 12,900 +12000
H. Mugai 45,000
T. big 38,100
K. Ngal 52800
Debit the following accounts
Rent 36,000
R. Mutiso 7500 + 7500
F. Kamau 6200 + 16200
Carriage 3600
rent 5400
K. Musio 26100
M. Kim 55,800
F. Noroge 19,200
K. Musaioka 129
Conclusion: the trial balance has shown various accounts to debit and those accounts to credit
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gnomes r us just paid a dividend of $1.91 per share. the company has a dividend payout ratio of 30 percent. if the pe ratio is 17 times, what is the stock price?
The stock price of gnomes r us is $108.23.
What is the stock price?The dividend pay-out ratio is the ratio of dividend to earnings per share.
Dividend pay-out ratio = dividend / earnings per share
30% = 1.91 / earnings per share
Earnings per share = 1.91 / 0.3 = 6.37
The PE ratio is the ratio of price to earning per share.
PE ratio = price / earnings per share
17 = price / 6.37
price = 17 x 6.37
Price = $108.23
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Ethics Student Activity Packet
Self-driving cars can be an ethical dilemma, because despite being an innovative technology, it may not have the capacity that an individual would have to make unexpected decisions.
What is a ethical dilemma?It corresponds to a paradox where morality is considered when there are two options available during a decision-making process, where each of the options is not able to fully satisfy the ethics on the subject.
To resolve an ethical dilemma, individuals must think critically about their options, in fact seeking to find a value-based solution, that is, decision-making must be carried out in a way that reduces negative consequences or increases benefits for the community.
Therefore, ethics apply to developing technologies, such as self-driving cars, in order to regulate the moral concepts behind the technology and how it will positively or negatively affect the lives of individuals.
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Component of career planning
Answer:
The career planning process has four components:
(1) Self Assessment
(2) Career Exploration
(3) Career Identification
(4) Action Plan
Explanation:
Hope this helps! :)
If the product you sell has a fairly inelastic demand curve, would you be more or less likely to increase prices and why?
If the demand curve for my product is fairly inelastic, I would be less likely to increase prices.
What is inelastic demand?The elasticity of demand for a product measures how the quantity demanded of a good changes when there is a change in the price of the good.
When demand is fairly inelastic, it means that when price changes, there is little or no change in the quantity demanded. The coefficient of elasticity is usually less than one. Goods that have an inelastic demand are usually necessity goods.
When the price of a good that has an inelastic demand is increased, there would be little change in the quantity demanded. This would increase the revenue of the seller.
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Which statement is true regarding monopolistic competition?
Answer:
AR>MR
--------------------------------------
WHERE ARE THE OPTIONS.
The marketing plan includes all of the following EXCEPT
O tools that will be used to reach the customer.
a media plan for specific marketing tools.
O the location strategy for the business.
O the market niche.
the business's identity.
The apt response is choice (e). All of the following—APART from the company's identity—are part of the marketing strategy.
Describe a marketing plan.A marketing strategy defines your target market, the best ways to communicate with them, and analytical insights that will inform your future approach. For businesses to coordinate their campaigns and effectively gauge their effectiveness, a complete marketing plan is required.
A marketing plan could be a part of a larger company plan. For a marketing plan to succeed, it needs to be well-written and have a solid foundation in marketing strategy. While a marketing plan may include a to-do list, it is of little use to a business without a strong strategic foundation.
What are the five marketing strategies?The five marketing Ps—Product, Price, Promotion, Place, and People—serve as a framework for marketing initiatives and help keep marketers focused where they should be.
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Difference between financial and managerial accounting?
The main difference between financial and managerial accounting is that financial accounting is done for external stakeholders and managerial accounting is done for internal stakeholders.
How are financial and managerial accounting different?Financial accounting is often made for the use of the external stakeholders of a company including the public, the government, and analysts and investors. As a result, it has to follow the recommended accounting principles.
Managerial accounting on the other hand, is done for the benefit of internal stakeholders like management. It is used to make decisions on operations. It therefore does not need to follow generally recommended accounting principles which makes it different from financial accounting.
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How is a job analysis used in the process of job evaluation?
To give accurate information about the jobs under consideration, job evaluation involves some fundamental job analysis. The job analysis and the job evaluation that results are frequently the starting point. On the basis of this, the job is assessed.
The job's added value to the organization is one of the main evaluation criteria. Job analysis is the process of researching a job to ascertain what tasks and duties it entails, how important it is in comparison to other jobs, the skills accurate to do the job, and the working environment. A job evaluation is frequently described as the procedure used to determine the duties, responsibilities, abilities, goals, and working conditions for a particular position.
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How do you know if a company fosters an innovative culture and climate?
a) It has a set of dependent processes and structures for how the company
designs solutions.
b) It allows for experimentation, failure, and risk taking.
Oc) It focuses only on producing the products that have made it successful.
d) It seeks feedback from a small thinktank of individuals who have a pulse on
consumers.
e) It uses change agents to broker disagreements between management and
innovators.
Answer: 2nd option
Explanation: because big organizations like Car dealerships such as Honda set aside substantial capital every year to sustain the innovative culture and climate in the company. To foster an innovative culture in the company, all or most employees' commitments are usually required so that new new ideas are created, this allows employees to catch the newer technology, and then also allows them to learn from trial-error methods.
A sample of 40 observations is selected from a normal population. The sample mean is 64, and the population standard deviation is 8. Conduct the following test of hypothesis using the 0.01 significance level.
H0: μ = 65
H1: μ ≠ 65
a. Is this a one- or two-tailed test?
multiple choice 1
One-tailed test
Two-tailed test
b. What is the decision rule?
multiple choice 2
Reject H0 if −2.576 < z < 2.576
Reject H0 if z < −2.576 or z > 2.576
c. What is the value of the test statistic?
d. What is your decision regarding H0?
multiple choice 3
Reject H0
Fail to reject H0
e-1. What is the p-value? (Round your z value to 2 decimal places and final answer to 4 decimal places.)
e-2. Interpret the p-value? (Round your z value to 2 decimal places and final answer to 2 decimal places.)
The test that we have here is a two tailed test. b The decision rule for the question is Reject H0 if z < −2.576 or z > 2.576. The test statistic is -0.791. we have to fail to reject the null hypothesis
How to carry out the calculationThe hypothesis for the test
we have the null hypothesis as
H0: μ = 65
The alternate hypothesis is
H1: μ ≠ 65
a. The test that we have here is a two tailed test for which the population standard deviation is already known.
b. The decision rule would be to Reject H0 if z < −2.576 or z > 2.576
The critical value calculation would be from the z test
64 - 65 / 8 / √40
= -1 / 1.2658
= -0.7900
d. 0,791 ≤ 2.576 therefore the null hypothesis would not have to be rejected.
fail to reject null
e. using the statistic software, p value is .429528
e2. .429528 > 0.01 hence we have to fail to reject the null hypothesis.
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dale is a stay-at-home-parent whose typical day consists of getting the kids ready for school, doing the laundry, cooking three meals, and cleaning the house. how are dale's home activities counted in gdp?
Dale's home activities will not be counted in GDP.
What is GDP or Gross Domestic Product?Gross Domestic Product is described as the total market value or the total value in terms of money for all the services and goods that have been manufactured within a nation or a country. It is important to mention that the Gross Domestic Product provides an overall idea of the economic health of a country, and the domestic production carried out in it.
Dale mainly stays at home and his work generally revolves around getting the kids to school, cooking, doing the laundry, and cleaning the house. All these activities do not contribute to the Gross Domestic Product of the country. Hence, such activities will not be considered.
It can be concluded that Dale's home activities will not be counted in GDP.
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Compute gross profit earned by the company for each of the four costing methods. For specific identification, units sold include 80 units from beginning inventory, 340 units from the March 5 purchase, 40 units from the March 18 purchase, and 120 units from the March 25 purchase.
The computation of the gross profit earned by the company for each of the four costing methods under the perpetual inventory system is as follows:
FIFO LIFO Weighted Specific
Average Identification
Sales revenue $50,900 $50,900 $50,900 $50,900
Cost of goods sold 31,800 32,920 32,961 32,540
Gross profit $19,100 $17,980 $17,939 $18,360
What is the gross profit?The gross profit is the first-line profit obtained by deducting the cost of goods sold from the sales revenue.
The cost of goods sold is the difference between the total cost of goods available for sale and the ending inventory.
From the gross profit, other expenses are deducted before arriving at the net income, which is the bottom-line profit.
Date Activities Units Unit Cost Total Units Sold at Retail
Mar. 1 Beginning inventory 100 $50 $5,000
Mar. 5 Purchases 400 $55 22,000
Mar. 9 Sales 420 at $85 $35,700
Mar. 18 Purchases 120 $60 7,200
Mar. 25 Purchases 200 $62 12,400
Mar. 29 Sales 160 at $95 $15,200
Total 820 $46,600 580 $50,900
Inventory sold 580
Ending inventory 240 (820 - 580)
Average cost = $56.829 ($46,600/820)
a) FIFO:Ending inventory = $14,800 (40 x $60 + 200 x $62)
Cost of goods sold = $31,800 ($46,600 - $14,800)
b) LIFO:Ending inventory = $13,680 (80 x $50 + 120 x $60 + 40 x $62)
Cost of goods sold = $32,920 ($46,600 - $13,680)
c) Weighted Average:Ending inventory = $13,639 (240 x $56.829)
Cost of goods sold = $32,961 (580 x $56.829)
d) Specific identificationUnits sold Cost
80 units from the beginning inventory at $50 $4,000
340 units from the March 5 purchase at $55 18,700
40 units from the March 18 purchase at $60 2,400
120 units from the March 25 purchase at $62 7,440
580 units Total $32,540
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Question Completion:Date Activities Units at Cost Units Sold at Retail
Mar. 1 Beginning inventory 100 $50
Mar. 5 Purchases 400 $55
Mar. 9 Sales 420 at $85
Mar. 18 Purchases 120 $60
Mar. 25 Purchases 200 $62
Mar. 29 Sales 160 at $95
Under the perpetual inventory system.
Out of the following economic statistics, which is the best measure of economic prosperity?
Group of answer choices
The growth rate of real GDP
The level of real GDP
The price level
The level of nominal GDP
The level of real GDP is the best economic statistics for measuring an economic prosperity.
What is a real GDP?The term real GDP is an acronyms for the real gross domestic product. This economic tool means an inflation-adjusted measure that reflects the value of all goods and services produced by an economy in a given year (expressed in base-year prices). It is also referred to as constant-price or inflation corrected GDP.
This type of GDP makes the comparison of GDP from year to year or from different years more meaningful because it shows difference comparisons for both the quantity and value of goods and services. It is calculated by dividing nominal GDP over a GDP deflator.
In conclusion, an economists mainly use a simple economic measure known as GDP to define prosperity whether being measured in total for a country or on a per-capita basis, the GDP is the most familiar and widely used measure of national progress.
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Using the aggregate expenditure function above, what would be the level of real GDP if the aggregate expenditure function shifted up by $0.2T
After using the aggregate expenditure function given above, it can be concluded that the level of real GDP will not change and remain constant if the aggregate expenditure function shifted up by an amount of $0.2T.
What is the significance of real GDP?Real GDP is the inflation adjusted value of the amount of final goods and services that have been produced with respect to a given economic period.
The graph given above shows that when the aggregate expenditure of the economy went up by an amount of $0.2T, there was hardly any effect of the same on the real GDP, thus, it has remained constant.
Therefore, the significance regarding the effect on real GDP in the above situation has been aforementioned.
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