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
maw [93]
2 years ago
10

Over the past century, real gdp per person in the u. s. has grown about _____ percent per year, which means it doubles about eve

ry _____ years
Business
1 answer:
Nadusha1986 [10]2 years ago
6 0

Over the past century, real GDP per person in u. s. has grown about <u>2</u> percent per year, which means it doubles about every <u>35</u> years.

GDP measures the monetary value of final goods and services—that is, the ones that might be sold with the aid of the final consumer—produced in a country in a given time frame (say 1 / 4 or 12 months). It counts all the output generated inside the borders of a country.

Gross home product is the economic degree of the marketplace price of all the final items and services produced in a selected term by using nations. because of its complicated and subjective nature, this degree is regularly revised before being taken into consideration as a dependable indicator.

GDP may be calculated by using adding up all of the cash spent by using purchasers, businesses, and the authorities in a given length. it could additionally be calculated by including up all of the money obtained by way of all the contributors inside the financial system. In either case, the range is an estimate of "nominal GDP."

Learn more about GDP here brainly.com/question/8342414

#SPJ4

You might be interested in
A campus deli serves 200 customers over its busy lunch period from 11:00 a.m. to 1:00 p.m. A quick count of the number of custom
Hitman42 [59]

Answer: 2 hours

Explanation:

5 0
3 years ago
CII, Inc., invests $630,000 in a project expected to earn a 12% annual rate of return. The earnings will be reinvested in the pr
Gelneren [198K]

Answer:

$1,956,684

Explanation:

As the project has a expected annual return, we have to calculate future value of this investment to find how much money Cll, Inc. will have after 10 years to reinvest.

We know,

FV = PV × (1 + i)^{n}

Given,

Present Value, PV = $630,000

Annual rate of return, i = 12% = 0.12

Number of period, n = 10 years

Putting the value into the above formula, we can get,

FV = $630,000 × (1 + 0.12)^{10}

FV = $630,000 × 3.105848

FV = $1,956,684

$1,956,684 can be reinvested after the liquidation of 10 years.

8 0
3 years ago
Consider the following totals: Revenues = $100,000; Operating costs and expenses = $45,000; Other revenues = $5,000; Income taxe
Sav [38]

Answer:

$55,000

Explanation:

The operating income of any entity can be calculated using the following formula:

Operating income=Net income+ income tax expense+ finance cost- other revenues

Net income in this question=$42,000

Income taxes=$18,000

finance cost=0

Other revenues=$5000

Operating income=$42,000+$18,000+0-$5000=$55,000

The operating income of any entity can also be calculated using the following formula:

Operating income=Revenues-operating costs

                             =$100,000-$45,000=$55,000

7 0
3 years ago
The U.S. Bureau of Economic Analysis​ (BEA) has recently adopted a new approach to calculate real GDP and real GDP growth to cor
pashok25 [27]

One of the features of the new approach is​ that, now BEA uses the geometric average of fixed weight indexes and uses two base years to calculate the growth rate of real GDP between two consecutive years.

Explanation:

In both actual and nominal GDP, the U.S. Economic Analysis Department results. It estimates the real United States. GDP is a fixed base year annual rate. Imports and international sales from American businesses and people are exempt.

GDP reflects the degree to which the economy generates production. Global warming is not generated and not part of GDP. The effect of environmental damage is not measured accurately. The loss should not be included in GDP and the calculation of environmental damage has not been accepted.

3 0
3 years ago
Any right to, or interest, in the land interfering with its use or transfer, or subjecting it to an obligation is known as: ____
S_A_V [24]
I Believe the answe is b
4 0
3 years ago
Other questions:
  • What takes place during pre-planning?
    8·1 answer
  • Margaret has been invited to a fancy dinner party and wants to bring a good bottle of wine as a gift for the host. Since she doe
    13·1 answer
  • _______ is the only state to have adopted a single-payer health plan.
    13·2 answers
  • Wayne Company is considering a long-term investment project called ZIP. ZIP will require an investment of $142,104. It will have
    10·1 answer
  • What convinces Nick that Gatsby might be telling the truth about his background? A: He shows Nick a business card with his real
    6·1 answer
  • The customers, employees, stockholders, suppliers, creditors, and others who stand to gain or lose by the policies and activitie
    6·1 answer
  • I'm lonely i need a bf
    15·2 answers
  • Big Ed's Electrical has a pure discount bond that comes due in one year and has a face value of $1,000. The risk-free rate of re
    6·1 answer
  • Regarding internationalization strategies in multinational enterprises (MNEs), in situations in which a company's products face
    7·1 answer
  • Where have you seen marketing take place?
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!