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1 year ago

Purchasing power parity (ppp) is considered an __________ measurement poverty levels

Business

1 answer:

Nastasia [14]1 year ago

7 0

Purchasing power parity (ppp) is considered an objective measurement poverty levels.

Purchasing power parity:

By removing the variations in price levels between nations, purchasing power parities (PPPs) are rates of currency translation that aim to equalize the purchasing power of various currencies.
monetary and developmental. Timothy Callen the rate at which the equivalent amount of goods and services might be purchased in one country using the currency of the other at a certain exchange rate.
By taking the geometric mean of the pricing relationships between each pair of economies for the two varieties of rice, the basic-heading PPP for each pair of economies may be calculated directly. This comparison is bilateral.
China, despite still being a developing country, is thought to have the greatest PPP in the entire world. This is due to the country's economy being the largest in the world, despite the fact that the bulk of its population earn extremely low wages.

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You want to buy an Audi A8 7 years from now. You have priced these cars and found that they currently sell for $83,800. You beli

lana [24]

Answer:

We to invest $ 17,213 per year to buy the car in seven years from now

Explanation:

First, we solve for the future value of the car:

$Principal \: (1+ r)^{time} = Amount$

Principal 83,800.00

time 7.00

rate 0.10000

$83800 \: (1+ 0.1)^{7} = Amount$

Amount 163,302.49

Then, for the PTM to achieve tham amount in 7 years:

$FV \div \frac{(1+r)^{time} -1}{rate} = C\\$

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$163302.49298 \div \frac{(1+0.1)^{7} -1 }{0.1} = C\\$

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3 years ago

Marin Products produces three products — DBB-1, DBB-2, and DBB-3 from a joint process. Each product may be sold at the split-off

sattari [20]

Answer:

MARIN PRODUCTS

Selling after further processing

DBB-1 DBB-2 DBB-3

unit 16,000 24,000 36,000

Sales revenue after

processing $1,040,000 $1,200,000 $2,700,000

Joint Cost (757,895) (1,136,842) (1,705,263)

Separate processing cost (110,000) (44,000) (66,000)

Net Income 172,105 10,158 928,737

selling at slipt off point

DBB-1 DBB-2 DBB-3

unit 16,000 24,000 36,000

Sales revenue $400,000 840,000 1,980,000

Joint Cost (757,895) (1,136,842) (1,705,263)

Net Income (357,895) (296,842) 274,737

Decision : All products should be processed further in order to increase the profit of the company

Allocation of Joint Cost

Cost per unit = $3,600,000/76,000= $47.37

DBB-1 = $47.37*16,000 = $757,895

DBB-2 = $47.37*24,000 = $1,136,842

DBB-3 = $47.37*36,000 = $1,705,263

Explanation:

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3 years ago

How much student loan interest is tax deductible 2016?

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2016 claims the full $2,500 deduction if your modified adjusted gross income is $65,000 or less. The deduction is gradually reduced when your modified adjusted gross income is between $65,000 and $80,000

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2 years ago

Arista always spends 10 % of her income on gizmos. Assume that her income increases by some percentage while the price of gizmos

lina2011 [118]

Answer:

Explanation:

Income elasticity is how the quantity demanded of a product changes due to a change in the income of an individual.

The formula for calculating Income elasticity of demand is, percentage change in quantity demanded divided by the percentage change in income.

Here the income of Arista increases but the price of gizmos remains the same, that is why the 10% now will be more than what it used to be before the increase in income.

Hope this helps. Good luck.

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2 years ago

Who formed the free software foundation to promote open development?

Papessa [141]

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2 years ago

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