From year 1 to year 2, the real GDP of the economy increases by 20%.
<h3>What is real GDP?</h3>
Gross domestic product is the total sum of final goods and services produced in an economy within a given period which is usually a year.
Real GDP is GDP calculated using base year prices. Real GDP has been adjusted for inflation. It reflects the value of goods and services produced in an economy.
<h3>What is the increase in real GDP?</h3>
GDP in year 1 = 10 x $2 = 20
Real GDP in year 2 using year 1 prices as base price = 12 x $2 = $24
Increase in real GDP = (24 / 20) - 1 = 20%
To learn more about GDP, please check: brainly.com/question/15225458
The term BUSINESS CYCLE is a popular way to describe the rescission-expansion pattern followed by the economy.
Cash flows<em> from investing</em> activities contain the following things and include:
- Cash outflows from acquiring land
According to the given question, we are asked to state what the cash flow from investing activities contains based on the list of available choices.
As a result of this, we can see that cash flows which are gotten from investing activities includes the cash that has either been made or spent on a fixed asset like land or properties that are expected to generate profit in the future.
Therefore, the correct answer is Cash outflows from acquiring land
Read more cash flows here:
brainly.com/question/735261
Answer:
c. $24,850
Explanation:
A non-governmental, not-for-profit organization held the following investments: Investment Cost Fair value (beginning of the year) Fair value (end of the year) Stock A (100 shares) $50 per share $45 $51 Stock B (200 shares) $40 per share $41 $49
; Bonds Cost $9,000 Fair value (beginning of the year) Fair value (end of the year)$10,000 $9,950
The amount that should be the total value of investments reported in the year-end statement of financial position? will be the fair value of the investments at the end of the year becaue investments by financial reporting standards are carried at fair values unlike physical assets carried at costs
Stock A = 100 Shares x fair value end of year of $51 = 5,100
Stock B = 200 Shares x fair value end of year of $49 = 9,800
Bond @ Fair value end of year...........................................= 9,950
Total............................................................................................$24,850
Answer:
No journal entry is required
The par per share after the split $1
Explanation:
If a stock split is not to be effected in the form of a stock dividend, no entry is recorded. The balance in the common stock account remains the same.
The par value before stock split was $2, board of directors declared a 2 for 1 split so the par value will be reduced by half.
We will calculate the par value after stock split by
= $2 / 2
= $1