Consider the table. Shirts
Pants
Year Price Quantity
Price Quantity
2013 $7.50 750 $12.50 4000
2014 $12.00 600 $18.50 3500
The table contains prices and output for a two good economy. Nominal and real GDP in 2013 are both $55,625. Use the
information in the table to answer the questions.
What is nominal GDP in 2014?
$
What is real GDP in 2014? Use 20132013 as the base year.
Real output from 2013 to 2014 has
Decreased
Experienced inflation
Increased
Stayed the same

The management of a private investment club has a fund of $250,000 earmarked for investment in stocks. to arrive at an acceptable overall level of risk, the stocks that management is considering have been classified into three categories: high risk (x), medium risk (y), and low risk (z). management estimates that high risk stocks will have a rate of return of 15%/year; medium risk stocks, 10%/year; and low risk stocks, 6%/year. the amount of money invested in low risk stocks is to be twice the sum of the amount invested in stocks of the other two categories. if the investment goal is to have a rate of return of 9% on the total investment, determine how much the club should invest in each type of stock. (assume that all the money available for investment is invested.)

Acompany set up a petty cash fund with $800. the disbursements are as follows: office supplies $300 shipping $50 postage $30 delivery expense $350 to create the fund, which account should be credited? a. postage b. cash at bank c. supplies d. petty cash

The uk economic climate is important for pod point. it is considering two options to reduce the impact of falling uk consumer incomes on sales: 1. focus on selling to foreign countries. or 2. cut costs of production. justify which one of these two options pod point should choose