Due to the decrease in the level of water in the lakes of Chapel Hill, the local government wants to reduce the consumption of t

Answer:a. ($35,000)

Explanation:The analysis of the financial outcomes for discontinuing product V860 is shown here:

= Sales Revenue - Variable Costs - Avoidable Fixed Manufacturing Expenses - Avoidable Fixed Selling Expenses

= $150,000 - $72,000 - $30,000 - $13,000

= $35,000

Therefore, the appropriate option is a

Data regarding U.S. GDP

a) The nominal GDP growth rate from 1996 to 2016 was

= (2016 nominal GDP - 2009 nominal GDP) / 2009 nominal GDP x 100

131.72%

b) The GDP deflator growth rate from 1996 to 2016 was 44.75%, derived as follows:

= (2016 GDP deflator - 1996 GDP deflator)/ 1996 GDP deflator x 100

= (105.93 - 73.18)/73.18 x 100

=44.75%

Clarification:

1. Data regarding U.S. GDP

Year   Nominal GDP     GDP Deflator (Billions of dollars) (Base year 2009)

2016            18,707           105.93

1996             8,073             73.18

2. As stated on wikipedia.com, "the GDP deflator (implicit price deflator) is a metric for the price level of all new, domestically produced, final goods and services within an economy for a given year."

3. Nominal GDP serves as a method of measuring a nation's economic productivity. It considers the current prices of goods and services, calculating the monetary value of products and services produced in an economy during a specific period.

4. The growth rate indicates the percentage change for a specific variable over a defined time frame. It is figured as the difference between the current year's variable and the base year’s variable, divided by the base year's variable, multiplied by 100.