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2 years ago

Full-employment gdp is also known as :________

Business

1 answer:

irina1246 [14]2 years ago

3 0

Potential output or potential GDP is also known as Full-employment GDP.

<h3></h3><h3>What do you understand by Full-employment GDP?</h3>

Full Employment GDP is the fictitious GDP level that an economy would reach if it reported full employment or the GDP level that would result in zero unemployment. An economic scenario known as full employment occurs when all of the labor resources are being utilized as effectively as feasible. The term "full employment" refers to the maximum possible level of both skilled and unskilled workers in a given economy. Or more people will be required to produce the goods and services the more the economy produces. However, there will come a point at which all resources are used up and no more output can be created.

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The amount of time it takes for an investment to double in value is called the doubling time for the investment. If the doubling

Paul [167]

Answer:

Compounding interest rate, r = 10.41%

Explanation:

As the investment will be doubled after 7 years from now, the future value of the current investment will be = $10,000 × 2 = $20,000

Therefore,

Number of periods (years), n = 7

Future value, FV = $20,000

Principal = Present Value, PV = $10,000

we have to determine the compounding interest rate, r.

We know,

r = $[(\frac{FV}{PV})^{\frac{1}{n}} - 1]$

Putting the values into the formula, we can get,

r = $[(\frac{20,000}{10,000})^{\frac{1}{7}} - 1]$

or, r = $(2^{\frac{1}{7}} - 1)$

With the help of calculator, we can find the value of $2^{\frac{1}{7}}$ = 1.1041

or, r = (1.1041 - 1)

or, r = 0.1041

Therefore, interest rate = 10.41%

7 0

3 years ago

Walmart is opening 12 stores to test the concept of walmart express, stores that are one-tenth the size of its supercenters and

Alecsey [184]

The answer that best complete the blank provided above is the term CANNIBALIZATION. Product cannibalization happens when a new product that is being introduced by the same producer, eats up the sales of the other products that exist in the same market resulting in the decrease of the overall sales.

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3 years ago

Teknosa, a multinational technology company sells computers, peripherals, and software overseas. The corporation separates its c

Morgarella [4.7K]

Answer:

The correct answer is the second option: Product Structure.

Explanation:

To begin with, the name of "Product Structure" in the field of management refers to a type of structure used by the companies who need to organize the way they work according to that specific model. This method of inside organization consists in the separation of the areas of the company according to the type of product that each department sells. Therefore that the company Teknosa that sells three different products decides to organize its structure by those products in order to acquire unique characterization in each product that has its own departments.

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3 years ago

George's Chemicals allocates overhead based on machine hours. Selected data for the most recent year follow. Estimated manufactu

ale4655 [162]

Answer:

$256,284

Explanation:

The computation is shown below:

First, Calculate the predetermined overhead rate per hour which equals to

= (Estimated manufacturing Overhead cost ÷ estimated machine hours)

= ($235,900 ÷ 20,800 hours)

= $11.34 per hour

So, the applied overhead or manufacturing overhead allocated equals to

= Predetermined overhead rate per hour × actual machine hours

= $11.34 per hour × 22,600 hours

= $256,284

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3 years ago

In 1981, 16 percent of wives earned more than their husbands. what was the percentage as of 2005?

AnnZ [28]

Given that <span>In 1981, 16 percent of wives earned more than their husbands.

It is reported that in 2005, about 26% of wives earned more than their husbands.</span>

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3 years ago