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2 years ago

If an economy's population grows at 3 percent and real gdp grows at 2 percent, then:________

1 answer:

6 0

If an economy's population grows at 3 percent and real gdp grows at 2 percent, then per capita real GDP is declining

Gross domestic product (GDP) is a monetary measure of the market value of all final products and services produced by countries in a given time period. Because of its complicated and subjective nature, this metric is frequently changed before it can be deemed a valid indicator.

Consumption, investment, government spending, exports, and imports are the components of GDP calculated using the expenditures approach.

Following a 6.9 percent gain in the fourth quarter of 2021, real GDP fell at an annual rate of 1.6 percent in the first quarter of 2022.

GDP is the sum of consumer expenditure (of households, NPISHs, and general government), gross fixed capital formation, inventory changes, and exports of goods and services, less the value of government debt.

To know more about GDP follow the link:

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If a defendant seeks to throw out evidence obtained by law enforcement officers during a search and seizure, and interrogation,

Illusion [34]

Answer:

c) suppression

Explanation:

Suppression describe the lawful or unlawful act of preventing evidence from being shown in a trial.

4 0

3 years ago

Mark Simpson earns $980 biweekly as a security guard for Albany Med. His group medical insurance costs $7,000 a year. The compan

kondor19780726 [428]

Answer:

$26.923

Explanation:

Biweekly payment means payments every 14 days or 2 weeks. One year has 52 weeks. Mark is paid 26 times per year

if the company pays 90% of $7000, then Mark pays 10% of $7000

Mark pays = 10/100 x $7000

=0.1 x $7000

=$700

The amount of $700 is spread over 26 weeks.

Each paycheck, Mark will be deducted

=$700/26

=$26.923 per check

5 0

3 years ago

When switching from a traditional costing system to an activity-based costing system that contains some batch-level costs: Multi

Naddika [18.5K]

Answer:

Option D- The unit product costs of high volume products typically decrease and the unit product costs of low volume products typically increase.

Explanation:

The reason is that the company has batch level costs which are fixed indirect costs that are to be assigned to the product and are fixed amounts say $100. Also assume that there are two type of units, Unit A and B. Suppose that the batch cost any number of units of A produced will remain the same and similarly for product B. This means if the units produced of A are at 20 unit per batch and product B produced are 10 units per batch then Activity Based Costing says that the unit cost of batch cost absorbed in Product A would be $5 ($100 / 20) and that for product B would be $10 ($100 / 10). So this example better explains cost behavior of batch cost which is fixed for different levels of production.

This means the fixed cost per unit which decreases with increase in production will keep decreasing if the number of units produced starts increasing. In other words, the similar class of units if are produced in higher quantity then the cost per unit will be decreased due to decrease in fixed cost per unit and vice versa.

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3 years ago

If the interest rate at the bank for a savings account is 0.03%, how much money would you need to leave in the account for one y

Ira Lisetskai [31]

Pretty sure you would need $300

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3 years ago

Consider a capacity constrained process producing a high profit margin product. What will the impacts on revenue and profits be

3241004551 [841]

Answer:

The answer is "Option B"

Explanation:

In this question, Higher incomes and profits are correct because it minimizes the congestion operating frequency by 10%. It takes a long time and decreasing the processing, which would have had an impact on revenue and profit directly. Performance would grow, generating additional sales, that's why choice b is correct.

3 0

3 years ago