Answer:
The correct answer is "$19,546.74".
Explanation:
The given values are:
Amount,
= $12,000
Years,
= 10
Interest rate,
= 10%
Now,
The future value will be:
⇒ ![Future \ value=Amount\times (1+Rate)^{Years}](https://tex.z-dn.net/?f=Future%20%5C%20value%3DAmount%5Ctimes%20%281%2BRate%29%5E%7BYears%7D)
On substituting the given values in the above formula, we get
⇒ ![=12000\times (1+5 \ percent)^{10}](https://tex.z-dn.net/?f=%3D12000%5Ctimes%20%281%2B5%20%5C%20percent%29%5E%7B10%7D)
⇒ ![=12000\times (1+0.05)^{10}](https://tex.z-dn.net/?f=%3D12000%5Ctimes%20%281%2B0.05%29%5E%7B10%7D)
⇒ ![=12000\times (1.05)^{10}](https://tex.z-dn.net/?f=%3D12000%5Ctimes%20%281.05%29%5E%7B10%7D)
⇒
($)
Answer:
Potential GDP is:
C. Is the maximum output firms are capable of producing.
Explanation:
Potential gross domestic product (GDP) is defined in the OECD's Economic Outlook publication as the level of output that an economy can produce at a constant inflation rate. Potential output occurs when an economy produces what it can using all of its resources. These resources include technology, equipment, natural resources, and employees. Potential output can also be looked at in terms of supply and demand.
Although an economy can temporarily produce more than its potential level of output, that comes at the cost of rising inflation.
The changes in potential GDP are caused by the increase in quantity of physical or human capital So the larger quantity of physical capital and human capital, the greater is potential GDP.
The difference between actual and potential GDP is that potential GDP is the level of production of goods and services that the economy is capable of if its workforce is fully employed and its capital stock is fully utilized. Actual GDP is the actual output of goods and services. Real potential GDP is the CBO's estimate of the output the economy would produce with a high rate of use of its capital and labor resources. The data is adjusted to remove the effects of inflation.
Answer: Leasing firm
Explanation:
Recruitment process outsourcing is done to improve the quality of recruiting candidates and reducing the cost of recruitment. Firms outsource functions such as advertisement placement, screening of resumes and conducting interviews.
A particular type of outsourcing is the employee leasing where an agreement is signed between the employer and the professional employer organization after which a staff is employed by the leasing firm and then leased back to the firm for a fee. The leasing firm pays taxes, writes paychecks, and implement HR policies.
Answer:
B. Chase-Pitkin Home & Garden hardware stores use reports to monitor which items were contributing to shrinkage, the difference between recorded and actual inventory.
Explanation:
Business intelligence comprises the strategies and technologies used by enterprises for the data analysis of business information. BI technologies provide historical, current and predictive views of business operations.
The basic goal of economics is option C: address the scarcity problem created because the population's desire for goods exceeds the ability to produce them.
The option that is true regarding Kelly is option c. Lawrence should be hired at the $20 per hour wage rate.
<h3>What is the economy about?</h3>
Price stability, economic growth that outpaces population growth, low resource unemployment, and equitable wealth and income distribution are the four basic economic objectives. Each country will make an effort to use its government to achieve this economic objective.
Maximizing the standard of living and achieving steady economic growth are the overarching objectives of macroeconomics. The goals are backed up by other objectives including reducing unemployment, boosting productivity, and reducing inflation, among others.
Therefore, Economic development aims to raise the absolute level of per capita incomes in order to raise the material standards of living. The governments of all emerging nations have indicated that one of their goals for policy is to increase per capita incomes.
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