Suppose Rob, an avid golfer, spent a total of $3000 on green fees for the 100 rounds of golf he played in 2018 and a total of $2800 on green fees for the 100 rounds of golf he played (on the same courses) in 2019. Rob's nominal consumption of golf in 2019 was _____ his nominal consumption level in 2018 and his real consumption of golf in 2019 was _____ his real consumption level in 2018.

Answers

Answer 1

Answer: less than; thesame as

Explanation:

Nominal values refers to the current prices for goods and inflation isn't considered in this case. Real values take inflation into consideration, and in this case adjustments are made for price changes.

Based on the information given, Rob's nominal consumption of golf in 2019 will be lower than his nominal consumption level in 2018 because he spent $2800 in 2019 and $3000 in 2018.

Also, his real consumption of golf in 2019 was thesame as his real consumption level in 2018 because played 100 rounds of golf in both years.


Related Questions

2. Which of the following is an example of an operative employee? A. Regional manager B. Head coach C. Chairman of the board D. Assembly line worker C​

Answers

D. Assembly line worker

An example of an operative employee is an assembly line worker.

The following information should be relevant:

Operating employees are those employees who generate the products & services directly for an organization.Also, it does not supervise the work of others. So, the option a, b, and c are incorrect.

Therefore we can conclude that an example of an operative employee is an assembly line worker.

Learn more about the employee here: brainly.com/question/21458711


QUESTION 1 of 10: Identity theft is important to be aware of because:
O a) Once your identity is stolen, it can't be used again by another thief
Ob) Once your identity is stolen, it is impossible to ever have good credit again
Oc) Once your identity is stolen, it will not affect your life once you are on your own
O d) Once your identity is stolen, it can be fraudulently sold, and others can continue to use your good credit to obtain credit cards and loans

Answers

The answer is D because once your identities is stolen it can be stolen again and again, your credit stays the same it’s not your fault it got stolen and someone stealing it does mean they get to get money out your bank account and obtain loans

How would your life be affected by having to buy products manufactured by a monopoly?

Answers

Answer:

no industry competition

Explanation:, a monopoly's price is the market price and demand is market demand. Even at high prices, customers will not be able to substitute the good or service with a more affordable alternative. As the sole supplier, a monopoly can also refuse to serve customers.

Jacob was assigned recently to a large team working on a major software release that was taking longer than expected. Jacob and the other latecomers into the project spent a month partnered with a senior programmer who went over the project in detail with them and got them up to speed. Unfortunately, this training put the project even farther behind schedule. After a few months of working on the project with many other programmers, Jacob's work output becomes noticeably lower than it was before when he was working independently. Jacob's reduced work output is most likely due to

Answers

Answer:

A) social loafing.

Explanation:

social loafing is the event of a person exerting lower effort to accomplish the goal at the time when they work in a group rather working alone. It would be the important reasons for less productivity as compared with the combined performance that works as an individuals

So according to the given situation, Jacob reduce work output due to social loafing

Social loafing is the psychological phenomenon in which team members do less work in a group context.

How do you handle social loafing?

One of the most effective ways to decrease the possibility of social loafing is to form smaller groups or teams. Make it easy to see and support team members' work.

Smaller groups also allow people to create relationships and form a coherent entity, all of which motivate people to contribute.

Thus Option A is the reason for Jacob’s reduced work output.

For more information about social loafing refer to the link:

https://brainly.com/question/25493656?

Choose the term that best matches the description given.
The act that has its own definition and remedial steps for mistakenly created e-commerce contracts:
Pls help me. I will give best answer

Answers

Answer:

I have no idea is that history

Do you think I would be a successful you-tuber?

Answers

Answer:

yes !! im also into becoming one as well ! it takes a while but its worth it, keep your hopes up but make sure you have another option just incase it might not work out right.

Explanation: goodluck <3

**ECONOMY**

Taxation that allows higher-income people to pay less of their income on taxes than lower-income people is called:

A. regressive taxation
B. progressive taxation
C. proportional taxation
D. indirect taxation

Answers

Answer:a

Explanation:

Sally and Dan, employees at FLT Inc., have applied for a management position at the company. Sally has better qualifications and is more experienced than Dan. However, Dan is selected for the position instead of Sally due to the selection committee's biased attitude toward women. This scenario illustrates the concept of _____. Group of answer choices reverse discrimination sexual harassment racial segregation the glass ceiling the white primary

Answers

Answer: the glass ceiling

Explanation:

The Glass Ceiling is a metaphor that is meant to describe the hardships that women face in trying to get into managerial positions due to bias against them born from a belief that they will be unable to handle the pressure.

The term describes how this bias creates a barrier that is not tangible so is invisible but is a barrier nonetheless much like a glass ceiling which one can see through but cannot go through.

Sales in 2015 1400000 at December 31,2015, before adjusting entire account receivable 250000debit allowance for doubt full account 2400 credit 2% net sales will prove uncollectible, prepare the December 31,2015, journal entry to record bad debt expense.

Answers

Answer:

Dr Bad Debt Expense $28,000

Cr Allowance for Doubtful Accounts $28,000

Explanation:

Preparation of the December 31,2015, journal entry to record bad debt expense.

Based on the information given the December 31,2015, journal entry to record bad debt expense will be :

Dr Bad Debt Expense $28,000

Cr Allowance for Doubtful Accounts $28,000

($1,400,000 *2%)

(To record bad debt expense)

What is the difference between a co-payment and co-insurance?
(please write full complete sentences)

Answers

A copay is a set rate you pay for prescriptions, doctor visits, and other types of care. Coinsurance is the percentage of costs you pay after you've met your deductible.

Which are affected by the factors of production? Choose three answers.

the demand of the item
the availability of the item
the cost of the item
the quality of the item
the popularity of the item

Answers

Answer:

A.)- the demand of the item

C.)- the cost of the item (some factors are more expensive and rare than other)

D.)- the quality of the item

Explanation:

Answer:

A. the demand of the item

C. the cost of the item

D. the quality of the item

Explanation:

A free trade zone is an area where Group of answer choices black market trade is carried out under government supervision the normal trade laws of a country such as tariffs, bureaucratic requirements, and quotas are eliminated in hopes of stimulating foreign trade and industry ideas are exchanged in an academic setting to increase the academic activity of the country large open markets are set up in poor countries for the exchange of international currencies people bring agricultural products for trade and barter

Answers

Answer:

the normal trade laws of a country such as tariffs, bureaucratic requirements, and quotas are eliminated in hopes of stimulating foreign trade and industry

Explanation:

A free trade zone area is an area where goods are imported or exported without being subjected to the normal trade laws such as tariffs, bureaucratic requirements, and quotas are eliminated in hopes of stimulating foreign trade and industry.

the aim of a free trade zone is to increase and stimulate foreign trade

Advantages of a free trade zone area

1. it increases efficiency

2. it encourages competition. As a result of not restricting import, domestic product have to compete with foreign goods

3. it allows countries to specialise in the production of goods for which they have a comparative advantage

When you put a check you received in the bank, you have immediate access to the money.
True or False.

Answers

Answer:

this is true hope this helps

Explanation:

If each piece of a 10 piece puzzle had a word that represented you on it, what 10 words would we see?

Answers

Answer: brave,strong, funny, short, smart, unique, beautiful, amusing, pretty

Explanation:

During the current fiscal year, Jeremiah Corp. signed a long-term noncancellable purchase commitment with its primary supplier. Jeremiah agreed to purchase $2.5 million of raw materials during the next fiscal year under this contract. At the end of the current fiscal year, the raw material to be purchased under this contract had a market value of $2.3 million. What is the journal entry at the end of the current fiscal year

Answers

Answer:

Debit Unrealized Holding Gain or Loss$200,000

Crediit Estimated liability on Purchase Commitments $200,000

Explanation:

Preparation of the journal entry at the end of the current fiscal year

Based on the information given the journal entry at the end of the current fiscal year will be :

Debit Unrealized Holding Gain or Loss $200,000

Crediit Estimated liability on Purchase Commitments $200,000

($2.5 million-$2.3 million)

Over its history, suppose that France has borrowed more from the rest of the world than it has lent to the rest of the world. This means that France a. is a net-creditor nation. b. has realized continuous deficits in its current account. c. has a very large unilateral transfers balance. d. has realized continuous surpluses in its goods and services account.

Answers

Out of the choices provided above, it can be concluded to state that France has realized continuous deficits in its current account. Therefore, the option B holds true.

What is the significance of France?

France can be referred to or considered as a nation, which is among the most developed nations in the world. It is situated in the European Continent, and is also a part of the European Union with significant contributions to the GDP of the continent.

Apart from its GDP contributions, there are some concerns lying over the French economy, which states that there have been constant deficits in the current accounts of the French government, thereby stating that France is a net-debtor nation.

Therefore, the option B holds true and states regarding the significance of France.

Learn more about France here:

https://brainly.com/question/7853285

#SPJ2

The total estimated cost of attending a public two-year college in Hasani’s home town last year was $2,265. The cost of attending the college is expected to increase 5% annually. Hasani plans to enter the college this year and attend for 2 years. Which is the best estimate for the total cost Hasani will pay for only his second year? $2,270.66 $2,275.00 $2,491.50 $2,497.16

Answers

Answer: Hi there! For this question, we will be compounding, because the cost of going of going to college goes up by 5% each year. The formula for compounding is P(1 + r)^t, where P = starting amount, r = rate, and t = time in years. First, let's add 5% (0.05) to 1. 1 + 0.05 is 1.05. We are talking about how much Hasani will have to pay in his second year. We will raise that number to the 2nd power. 1.05^2 is 1.1025. Now, we will multiply that number by2,265 to find the amount. When we multiply both numbers, we get 2,497.1625 or 2,497.16 when rounded to the nearest hundredth. There. Hasani will pay an estimated cost of $2,497.16. The answer is D.

Answer:

D

Explanation:

A healthcare organization in Canada outsources its insurance work to a service provider in South Asia. The employees in South Asia used to receive less than half the salary that the employees in Canada received. But in recent years, there has been a rapid increase in employees salaries in South Asia. Slowly, the healthcare organization is reducing the level of outsourcing and is employing people in Canada. Which of the issues associated with offshore outsourcing describes the above scenario

Answers

Answer:

Diminishing cost advantages

Explanation:

Diminishing cost advantage is a decline in the coat benefits that offshore outsourcing offers.

Offshore outsourcing occurs when a company outsources part of its operations to a foreign company.

The main benefit of such a move is a reduction in cost.

However when the benefits decline it is referred to as diminishing cost advantage.

In the given scenario employees in South Asia used to receive less than half the salary that the employees in Canada received. But in recent years, there has been a rapid increase in employees salaries in South Asia.

This will result in more cost for the company through its outsourcing activity

what is the square root of 11200​

Answers

Answer:

The square root of 11200 is 105.83005244258.

Explanation:

SKATEBOARDERS. WHAT ARE SOME DISADVANTAGES AND ADVANTAGES OF YOUR SKATEBOARD?
What would you change if you could. Just wondering

Answers

How fast I can go lol

Answer:

uh how i fall off sometimes disadvandage and it going right for me advandage

Explanation:

the three branches of government are the legislative branch, and the ____ branch
a. judicial
b.regulatory
c. supreme court
d. presidential ​

Answers

Answer:

Judicial

Explanation:

There is no presidential branch as that is the executive branch. The supreme court IS the judicial branch but the supreme court is not a branch in of itself. There is no regulatory branch that I know of.

a) judicial

legislative, judicial, and executive are the three branches of government.

The Albertsons are purchasing a home for $400,000. They are financing 70 percent of the home's value. In addition to the down payment, they have the following closing costs:
Lender's inspection fee $400 Loan origination fee 1.5% of the loan amount Notary public fee $60
Document recording fees $75
Title search $300
What is the total amount of the closing costs? .
help plz​

Answers

Answer:

$5,035

Explanation:

First, you have $400 as the first cost in the closing costs.

You Then find 1.5% of the loan amount, which is 70% of $400,000 ($280,000), so 1.5% of $280,000 is $4,200. So you add $4,200 to the $400

Next, you add the notary fee of $60.

Then you add the recording fees of $75.

Lastly, you add the title search of $300.

Now add everything up, $400 + $4,200 + $60 + $75 + $300 = $5,035

Final answer = $5,035

Which of the following is the amount a 65-year-old couple retiring this year will need to pay for medical care and
prescription drugs?
$150,000
$200,000
$240,000
$300,000

Answers

Answer:

A healthy 65-year-old couple retiring in this year will need close to $300,000 to cover health-care expenses, including Medicare Parts B and D, according to HealthView Services.

Under the allowance method of accounting for uncollectible accounts, Group of answer choices the cash realizable value of accounts receivable is greater before an account is written off than after it is written off. Bad Debt Expense is debited when a specific account is written off as uncollectible. is debited when a specific account is written off as uncollectible. the cash realizable value of accounts receivable in the balance sheet is the same before and after an account is written off. Allowance for Doubtful Accounts is closed each year to Income Summary.

Answers

Answer:

how are the answer choices seperated

In a private company's accounting system, inputs are __________ and outputs are _________. Multiple Choice marketing strategy-type information; sales data results of surveys on consumer satisfaction; accounts payables transactions such as sales, payroll, and other expenses; financial statements transactions such as the cash flow statement; payroll taxes

Answers

Answer:

Explanation:

transactions such as sales, payroll, and other expenses; financial statements

The correct answer is Inputs are accounts payables transactions such as sales, payroll, and other expenses; outputs are financial statements transactions such as the cash flow statement.

Here is a breakdown of the answer:

Inputs: These are the data that are entered into the accounting system. In a private company's accounting system, the inputs would typically include accounts payables transactions, such as sales, payroll, and other expenses.

Outputs: These are the reports and documents that are generated from the accounting system. In a private company's accounting system, the outputs would typically include financial statements, such as the cash flow statement.

The other options are not correct because they are not typically included in a private company's accounting system.

For example, marketing strategy-type information and results of surveys on consumer satisfaction is typically not included in the accounting system. Payroll taxes are also not typically included in the accounting system, as they are usually handled by a separate department.

Thus , accounts payables transactions and financial statements transaction is the correct options.

Learn more about transactions, here:

https://brainly.com/question/28391823

#SPJ6

What would happen if a state or municipality suddenly lost its tax base? Explain if this would have any impact on it's cost of borrowing funds. Why?

Answers

Answer:

Following are the responses to the given question:

Explanation:

The tax base seems to be the amount that is added to both the income tax, that is which tax rate is the percentage of national economy collected as just a tax. Consequently, it is important to find an income tax that understands the tax base.

Whether this amount of tax would pay is not declared or decided if the state or city suddenly loses its local economy.

Impact mostly on the cost of credit

Its cost of debt before tax rebate funds = interest amount on the debt – any reduction in income tax which rose because of deductible profits. The costs of lending are real games calculated in anticipation of tax, however, the difference is DEDUCTIBLE in INTEREST EXPENSES.

This tax rate also increases the cost of lending and gives more income protection.

It's because when taxes become available, the company can save money on tax returns as it ultimately removes some profits.

Conclusion:

However it is lost about the tax base, however, the judgment could not be made afterward the amount to borrow as debt could be evaluated of that "TAX REVENUE OFFSET."

All of the following are reasons for countries to participate in foreign trade EXCEPT

A. it is just as easy to start a business overseas as it is in the United States.
B. no nation can produce all of the products its people want and need.
C. even if a country was self-sufficient, other nations would seek to trade with that country in order to meet the needs of its own people.
D. some nations have resources, but not technological know-how; while others have know-how, but lack resources.

Answers

Answer:

A. it is just as easy to start a business overseas as it is in the United States.

Explanation:

Globalization can be defined as the strategic process which involves the integration of various markets across the world to form a large global marketplace. Basically, globalization makes it possible for various organizations to produce goods and services that are used by consumers across the world.

Trade can be defined as a process which typically involves the buying and selling of goods and services between a producer and the customers (consumers) at a specific period of time.

All of the following are reasons for countries to participate in foreign trade;

I. No country or nation is able to produce all of the goods its people want and need i.e meeting the unending requirements of its citizens through production of goods and services.

II. Even if a country such as developed countries across the world was self-sufficient, other developing or underdeveloped nations would seek to trade with that country so as to meet the demands (needs) of its own people.

III. The interdependency of technology and resources for different countries. Some nations have resources, but not technological know-how; while others have know-how, but lack resources.

Do BLACK LIVES MATTER??????!!!!!!!!!!

Answers

Answer:

OF COURSE THEY DO Y DONT PPL SAY ALL LIVES MATTER

Answer: YES .

Explanation:

What is the legal maximum speed limit permitted when driving in a residential area of the community?
a. 15 mph
b. 25 mph
c. 35 mph
d. 45 mph
What is the legal maximum speed permitted for driving on the expressway-in Michigan?
a. 45 mph
b. 55 mph
c. 60 mph
d. 70 mph​

Answers

Answer:

B B :)

Explanation:

Businesses that provide steady employment may qualify for a reduction in unemployment taxes based on:
O experience rating system
O ability to make payments
O number of accidents

Answers

Ability to make payments
Other Questions
Hitoshi spends 30 minutes an history homework, 60 minutes on English homework, and x minutes on math homework, one fourth of his total homework time is spent on math which equation can be used to find the amount of time Hitoshi spends on his math homework Sleet forms directly from which type of precipitation?A. SnowflakesB. HailC. Rain drops.D. Dust I need to write an apology letter. The victims name is Alana. Basically, I got angry because I was yelling and I assaulted her and broke her nose while at a hospital. It MUST be 250 wordsThe instructions are:1. Explain what happened. Do not try to explain why or blame anyone else.2. State how your actions hurt the victim. Put in your own words how you believe the victim must feel about what happened to them.3. Put in your own words why this was wrong. No curse words.4. Apologize to the victim for what you did.5. State what you have learned and how you are changing your life as a result.Please help I gotta get this done or I violate probation How many meters are equal to 4 kilometers? Use the pattern in the number of zeros of the product when multiplying by a power of 10 to help you. Jamil's car uses , gallons of gasoline to travel 49 miles. At this rate how far canJamil's car travel per gallon of gasoline?A 53miles230 miles12 milesD 10.5 miles Which of the following best helps a company move toward achieving itsvision and mission?A. Goals and objectivesB. Competitors and stakeholdersC. Activist investorsD. Corporate social responsibility In a 30 -60 -90 triangle, what is the length of the hypotenuse when the shorter leg is 8 m? Enter your answer in the box. A student claims that the only difference between prokaryotic cells and eukaryotic cells is thateukaryotic cells have a nucleus, but prokaryotic cells do not. What is wrong with this claim?The description of the cell types is incorrect. Prokaryotic cells have a nucleus, and eukaryotic cells do not.The description of the cell types is incorrect. Both prokaryotic and eukaryotic cells have a nucleus.There is another difference between the cell types. Eukaryotic cells have membrane-bound organelles, butprokaryotic cells do not.There is another difference between the cell types. Eukaryotic cells have a cell membrane, but prokaryoticcells have a cell wall instead. Look at these brief notes taken after reading biographies of George Washington and Abraham Lincoln. Use the information to answer the questions that follow in a few sentences.George WashingtonGrew up on a large plantationOwned slavesReputation for honestyArmy generalServed two terms in officeCredited with nation's independenceFounding FatherAbraham LincolnBorn in a log cabin on a small farmwas against slaveryReputation for honestyLawyer and US RepresentativeAssassinated during second termLed nation during Civil WarEnded SlaveryBased on the comparison notes of Washington and Lincoln, which aspects of their backgrounds do not seem to have an effect on their success as president? (10 points) Why are large crystals of sodium chloride used instead of smallcrystals when making ice cream The schoolyard at Kenny's school is a square that is 50 yards long on each side. What is the area of the schoolyard? Which expression is equivalent to ? people should only take part in sport in order to win examples of non impact printers Drag and drop the labels provided into the boxes below to explain how the Earth-Sun-Moon system results in these seasons on Earth. Last paragraph to the Great Gatsby Jamal and Brianna each bought 3 oranges. They sliced each orange into 6 pieces. How many oranges slices did Jamal Brianna have altogether? Don uses a funnel to pour oil into his car engine. The funnel has a radius of 6 cm and a slant height of 10 cm. How much oil, to the nearest cubic centimeter, will the funnel hold. Which of the following sentences uses the pronoun correctly?A.Dwight is a person who has trouble making up his mind.B. Dwight is a person who has trouble making up their minds. A company says its premium mixture of nuts contains 10% Brazil nuts, 20% cashews, 20% almonds, and 10% hazelnuts, and the rest are peanuts. You buy a large can and separate the various kinds of nuts. Upon weighing them, you find there are 112 grams of Brazil nuts, 183 grams of cashews, 207 grams of almonds, 71 grams of hazelnuts, and 446 grams of peanuts. You wonder whether your mix is significantly different from what the company advertises. a) Explain why the chi-square goodness-of-fit test is not an appropriate way to find out. b) What might you do instead of weighing the nuts in or- der to use a test