Assume That a Tire Company Sells Four Tires to an Automobile

question 105

Multiple Choice

Assume that a tire company sells four tires to an automobile company for $400, another company sells a Blu-ray player for $500, and the automobile company puts all of these items in or on a car that it sells for $20,000. In this case, the amount from these transactions that should be counted in GDP is:

• A)$20,000.
• B)$20,000 less the automobile company's profit on the car.
• C)$20,900.
• D)$20,900 less the profits of all three companies on the items that they sold.

Identify and explain various types of forecasts including technological, moving averages, and exponential smoothing.

Apply exponential smoothing forecast technique with given data.

Describe the importance of using recent data in forecasting and the impact of trends on forecast accuracy.

Explain the process and significance of using moving averages in forecast calculations.

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Definitions:

NMR Spectrum

A representation of the nuclear magnetic resonance of a molecule, providing detailed information about the structure, dynamics, reaction state, and chemical environment of molecules.

Signals

In spectroscopy, indications or peaks that represent the interaction of energy with matter, used to identify or quantify materials.

Bromochlorobenzoic Acid

A halogenated derivative of benzoic acid where both a bromine and chlorine atom are attached to the benzene ring, used in various chemical syntheses.

Structure

The arrangement or organization of parts to form a whole, commonly used in chemistry to describe the molecular arrangement of compounds.