Demand gap equals 10%, it means that: Select one alternative: Potential GDP is 10% higher than aggregated demand GDP deflator equals 110 GDP is 10% higher than GNP
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Select one alternative:
- Potential
GDP is 10% higher than aggregated demand - GDP deflator equals 110
- GDP is 10% higher than GNP
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- According to "Urbanization is Part of American Indian Ancestry", a steady migration to urban areas increased in the _______. Group of answer choices 1970’s 1960’s 1950’s 1980’sAmpomah Group is a large is large Ghanaian consumer products company with origin in Nkawkaw in the Eastern Region. The company primarily specializes in Shampoo, Diapers, Baby food and Cold medicine. Ampomah Group has business operations in over 50 cities in Ghana. The Company has been following the economic trends since 2020 and has found that after the COVID-19 pandemic, low income households have been growing two times as quickly as other consumer segments. The preliminary report of the recent 2021 Population and Housing Census indicates a further extension of this trend in the next decade. Low income is defined as families with income at the poverty level or below.Ampomah Group has always had a premium product strategy. It sells its products in grocery stores, convenience stores, mass retailers, etc., but its products are always priced at the high-end of their respective categories. It has never targeted the low income segment before and doesn’t have a low income strategy, but given…Formulate the demand equations and estimate Qd for P=33 by using the following data: Price level Quantity Demand 38 200 36 500 34 800 32 900 30 1000 28 1400
- Is it true of false that the classical errors in variables (CEV) assumption is that the measurement error is correlated with the unobserved true value of the explanatory variable.Your supervisor has requested that you calculate the following ratios, rounded to the nearest hundredth for both 2017 and 2016 2017 2016 Acid test Asset turnover Net Income (after tax) to the net salesAlternative Measures of Productivity A common measure of productivity, as explained in thischapter and as used by many business and trade organizations, including the U.S. Bureau of LaborStatistics, is the ratio of output to input, where input is typically measured in units of materials, laborhours, or related measures. An alternative is to use the ratio of capacity available to capacity utilized. For example, the amount of capacity in the U.S. manufacturing industries has almost doubledover the past two decades. However, the rate of capacity utilization (output/capacity available) hasfallen slightly over this period of time, with a steep drop in 2009 followed by slow increases in 2010and 2011. Some would say that this measure gives a better picture of productivity than the one wehave used in the chapter.Required Compare the measure of productivity based on capacity utilization with the measure used inthe chapter. Which measure do you think is most useful for assessing the state of the…
- A local college is deciding whether to conduct a campus beautification initiative that would involve various projects, such as planting trees and remodeling buildings, to make the campus more aesthetically pleasing. For the students of the college, the visual appearance of the campus is and . Thus, the visual appearance would be classified as a public good. Suppose the college administrators estimate that the beautification initiative will cost $3,900. To decide whether the initiative should be undertaken, administrators conduct a survey of the college's 370 students, asking each of them their willingness to pay for the beautification project. The average willingness to pay, as revealed by the survey, is $13. The benefit of the beautification initiative, as suggested by the survey, is . Because the estimated benefit is than the cost, the college administrators undertake the beautification initiative. The calculation of the benefit of the beautification…(a) An export-ready firm usually does not require success domestically, because international markets are different. True False (b)The three basic steps in the data analysis process are: assess the quality and reliability of the data, sort and classify data, and perform statistical tests and analyze the results. True False (c)The most common technique used when conducting a focus group is brainstorming, by which participants are encouraged to say what comes to mind without thinking too closely about what they are saying. True False (d)Observational analysis is informal, guided discussions in which a small group of potential customers are encouraged to share their views and opinions of an organization, brand, product or service. True False (e) If research objectives cannot be completed using other secondary and primary methods, and if a trip to the target market is required, the travelers should be sure they: gather as much information…In general, what is true about the relationship between the Sum of Squared Residuals in the restricted and unrestricted model? a. SSRr = R-squared * SSRur b. SSRr < SSRur c. SSRr > SSRur d. SSRr = SSRur