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1 year ago

If an economy maintains a small rate of growth for a long period of time, then the size of the economy?

1 answer:

3 0

An economy maintains a small rate of growth for a long period of time, then the size of the economy: can increase by a large amount.

The real gross domestic product is employed to calculate it (GDP). long growth is delineated as an economy's ability to make additional products and services over time

There are 3 main factors that drive the economic process, Accumulation of capital stock will increase parturient inputs, like employees or hours, worked, and Technological advancement.

Physical capital, human capital, labor, and technology area unit all typically want to model growth in social science. Increasing the quantity or quality of working-age folks, the tools they need at their disposal, and therefore the recipes they need for combining labor, capital, and raw materials can end in higher economic output.

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You have been pricing an MP3 player in several stores. Three stores have the identical price of $300. Each store charges 24 perc

Valentin [98]

Answer:

a. $5

b. $4

c. $6

Explanation:

a. store A?

Beginning balance = $300

Ending balance = $300 - $100 = $200

Average balance = ($300 + $200) ÷ 2 = $250

Monthly APR = 24% ÷ 12 = 2%

June finance charge = Average balance × Monthly APR = $250 × 2% = $5

b. store B

June finance charge = (Beginning balance - Payments) × Monthly APR = ($300 - $100) × 2% = $4

c. store C?

June finance charge = Beginning balance × Monthly APR = $300 × 2% = $6

8 0

3 years ago

Who is the best rapper??

omeli [17]

Eminem is best rapper and musicians

5 0

2 years ago

Read 2 more answers

You put aside $300 a month in an account that returns 9% a year, compounded monthly. How long do you need to contribute to save

Anettt [7]

Answer:

36 years 4 months and 2 days

Explanation:

Data provided in the question:

Monthly payment = $300

Rate of return, i = 9% = 0.09

Future value = $1,000,000

Now,

we know

Future value = Monthly payments × $\left[ \frac{(1+i)^{n}-1}{i} \right]$

1000000 = $300 × $\left[ \frac{(1+0.0075)^{ }-1}{ 0.0075 }$

$\frac{ 1000000}{ 300} &= \frac{ 1.0075^{n} - 1}{ 0.0075}$

$3333.33333 &= \frac{ 1.0075^{n} - 1}{ 0.0075}$

$1.0075^{n} - 1 &= 3333.33333 \times0.0075$

1.0075ⁿ - 1 = 25

1.0075ⁿ = 26

ln( 1.0075ⁿ) = ln(26)

n × ln( 1.0075 ) = ln(26)

n = [tex]\frac{ \ln (26) }{ \ln( 1.0075 ) }[tex]

n = 436.04 months

n = 36 years 4 months and 2 days

5 0

3 years ago

Read 2 more answers

In the New Economy, people are most rewarded through education and intellectual growth when they spend years studying a broad ar

aliya0001 [1]

Answer:

False

Explanation:

The formal education setting has not been changing at the same rate with the daily changes in business, technology and other socio-economic elements.Therefore people who spend years studying a broad array of subjects in formal educational settings are less likely to be rewarded through education and intellectual growth.

7 0

3 years ago

The business was started when the company received $48,500 from the issue of common stock. Purchased equipment inventory of $176

masya89 [10]

Answer:

Total current liabilities 85.008,33‬

Explanation:

current liabilities: obligations that will setlte within a one-year period

accounts payable from the purchase of equipment:

cost: 176,500

paid: (125,900)

balance: 50,600

waranty liaiblity:

191,000 x 5% = 9,550

sales tax payable:

sales for 191,000

paid for (141,000)

unpaid for 50,000 x 6% = 3,000

note payable with a local bank:

principal: 21,500

accrued interest: 21,500 x 5% x 1/3 = 358,33

net: 21,858.33

Total current liabilities:

accounts payables 50,600

warrant liability: 9,550

sales tax payable: 3,000

note payable: 21,858.33

85.008,33‬

5 0

3 years ago