1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
nydimaria [60]
1 year ago
5

An IAC (industrially advanced country) had a per capita income of $44,000, while a DVC (developing country) had a per capita inc

ome of $2,200 in a given year. If both countries experience a per-capita-income growth of 4 percent, then the per-capita-income gap one year later will be
Business
1 answer:
faust18 [17]1 year ago
5 0

The per-capita-income gap one year later will be $43,472.

<h3>What will be the per-capita-income gap one year later?</h3>

GDP per capita is the GDP of a country divided by the population of the country. It is used as a metric to determine the standard of living of the population.

GDP per capita = GDP / population

Difference in the GDP per capita = 1.04 x (44,000 - 2,200)

1.04 x 41,800 = $43,472

To learn more about GDP per capita, please check: brainly.com/question/28018695

#SPJ1

You might be interested in
The following table shows the assets and liabilities of the Chang family in 2007 and 2008.
Aleks [24]

Answer:

d

Liabilities are what someone owes and assets are what someone owns and is worth something. The house is an asset and the car loan is a liability. According to the numbers provided the assets have an increase of $6,000 with +10,000 from the house and -4,000 from the car. And liabilities had a decrease of $25,500 with a -$29,000 from mortgage and car loans and a +3,500 from the savings account and debt. So assets increase and liabilities decrease. 

5 0
2 years ago
A country produces only one good. It produced​ 5,000 units of the good during Year 1 and​ 6,000 units of the good in Year 2. The
Veseljchak [2.6K]

Answer:

.A) $1, 920,000

Explanation:

Gross domestic product is the sum of all final goods and services produced in an economy within a given period which is usually a year.

Nominal GDP is the GDP of country using current year prices

Nominal GDP = current year price × quantity

(6000 × 320) = $1,920,000

I hope my answer helps you

3 0
3 years ago
Henry Garrison starts the month with a balance on his credit card of $1,130. The average daily balance for the month, including
hoa [83]

Answer:

Interest expense $ 11.15

Explanation:

As the bank uses the average daily balance excluding new purchases we should use that amount to solve for the interest expense.

The rate is one and a half percent therefore, 1.5% --> 0.015

principal x rate = interest

$743 x 0.015 = $ 11.145

3 0
3 years ago
Standard Direct Materials Cost per Unit from Variance Data The following data relating to direct materials cost for October of t
statuscvo [17]

Answer:

The standard cost is $5 per lbs

each units uses 2 lbs, so the unit stadard cost is $10

Explanation:

Volume variance

(standard\:quantity-actual\:quantity) \times standard \: cost = DM \: efficiency \: variance

std quantity                   2800.00  (1,400 units times 2 pounds per unit)

actual quantity           3000.00

std cost                                     ??

(2,800-3,000) \times standard \: cost = -1,000

difference                     -200.00

efficiency variance        $(1,000.00)

-200 x Std cost = -1,000

Standard cost = -1,000/-200 = 5

The standard cost is $5 per lbs

each units uses 2 lbs, so the unit stadard cost is $10

3 0
3 years ago
When creating text ads to advertise a client's small chain of italian restaurants, what should you include in the ad text to mak
Brut [27]
When creating advertisement for an Italian restaurant, you should include information about Italian food in the  description. This will serve to arouse the interest of the reader and compel them to patronize the restaurant.  
4 0
3 years ago
Read 2 more answers
Other questions:
  • Use the compound interest formula,     . kelly opened a savings account with $500 she received at eighth grade graduation 4 year
    6·2 answers
  • Researcher wants to conduct a secondary analysis using a centers for disease control and prevention (cdc) database that was coll
    5·2 answers
  • Veronica owns a home, and when her children went to college, she was looking for a way to help finance their education. She went
    14·2 answers
  • Goshawks Co. produces an automotive product and incurs total manufacturing costs of $2,600,000 in the production of 80,000 units
    13·2 answers
  • Managers should consider doing all of the following to develop a strong culture for a unit EXCEPT A Option A: stress a concern f
    5·1 answer
  • A tabular representation of the relationship between the price of a good service or resource and the quantities producers are wi
    11·1 answer
  • Suppose you invested in the Ishares High Yield Fund​ (HYG) a month ago. It paid a dividend of today and then you sold it for . W
    9·1 answer
  • Why does customer service matter
    13·1 answer
  • Okay, Daily Question!
    13·1 answer
  • A random sample of respondents would be distributed randomly, half to the experimental group and half to the control group. A pr
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!