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
Firlakuza [10]
3 years ago
9

Although countries such as China and India are currently relatively poor, their economies are already large in absolute terms an

d growing more rapidly than those of many advanced nations.
Business
2 answers:
dlinn [17]3 years ago
6 0

Answer:

True

Explanation:

In nominal dollars, China is currently the second largest economy in the world and India is the fifth largest. They are both considered developing nations since the GDP per capita is still low compared to other countries, China's GDP per capita = $10,100 and India's GDP per capita =  $2,170. Even though their economies are large, their populations are even larger, both countries have around 1.3 billion people living in them.

If we use the purchasing power parity (PPP) their numbers are a little better, with Chinese economy being number one in the world with $27.31 trillion compared to the US's $21.44 trillion. The US is the only country whose PPP equals its nominal GDP since the American economy is used as the base economy for PPP calculations.

Both China's and India's economic growth rates are also higher than most developed nations, 5.8% for China and 7.5% for India.

Sedbober [7]3 years ago
4 0

Answer:

<u>True.</u>

Explanation:

This statement is true because China and India, while still very poor countries, have made great strides in the development of the country in recent decades through capitalist reforms such as economic decentralization and trade liberalization from the 1970s and 1980s, allied to low taxation, low regulation and bureaucracy, which strongly contributed to the predominance of the private sector in such countries.

You might be interested in
The following information was taken from the records of Nash SA for the year 2022: Income tax applicable to income from continui
8_murik_8 [283]

Answer:

78000 - 123 + 23 + 123 + 123 + 244 + hundred thousand 112 100000/30 94014 49202 124000 33066 70 the answer there are 4 subject in the assignment not not 45 subject in assignment 1039 4000 - 100 thousand how the answer

6 0
3 years ago
Distinguish between individual Centred career and Organisation Centred career​
malfutka [58]

Answer:

please check my profile

Explanation:

7 0
3 years ago
On December 31, Leann Corp. paid $5,120 on an installment note that requires annual payments. The outstanding loan balance on Ja
OleMash [197]

Answer:

Dr Interest expense  $4,000

Dr Notes payable      $1,120

Explanation:

The $5,120 repaid comprised of both interest and principal repayments,hence there is need for the amount to be split into the two appropriate accounts.

The interest payable on the loan on yearly basis ,based on the outstanding loan balance of $50,000 is $4,000(8%*$50,000),hence the balance of $1,120($5,120-$4,000) represents the actual repayment of principal,as a result the notes payable account should be debited with $1,120.

3 0
4 years ago
Dixie Corporation distributes $31,000 to its sole shareholder, Sally. At the time of the distribution, Dixie's Earnings and Prof
Radda [10]

Answer:

(D) $4,000

Explanation:

Initial amount distributed is $31,000

Earnings and Profit (E & P) $25,000

Therefore, Distribution in excess of earnings and Profit would be;

= Initial amount distributed - Earnings and Profit

=$31,000 - $25,000

=$6,000

Sally basis in her Dixie stock after the distribution would be ;

= Basis - Excess distribution

=$10,000 - $6,000

=$4,000

4 0
4 years ago
John is an older, retired Japanese American. He has a strong identification with his Japanese culture, still speaks primarily Ja
Svet_ta [14]

Answer:

(A) Traditionalist

Explanation:

Traditionalist -

It describes that a person who believes that the old ways are the best one ,

Traditionalist are the person who believe in writing letters rather than sending emails .

The person who still feel the old and traditional methods are the best .

Similarly from the data of the question , the correct answer is (A) Traditionalist .

7 0
4 years ago
Other questions:
  • A preliminary prospectus:_______.
    11·1 answer
  • Mitchell Florists reported assets of $1,400 and equity of $350. What is its debt ratio? (Round your percentage answer to two dec
    15·1 answer
  • Blue corporation's standards call for 2,500 direct labor-hours to produce 1,000 units of product. during may 900 units were prod
    12·1 answer
  • Rank the following assets from the lowest level to the highest level of (i) transaction costs, (ii) risk, (iii) liquidity. Ties
    6·2 answers
  • Donald operates an accounting firm and has an annual summer party for the employees and their families. He believes the party be
    15·1 answer
  • The price per unit is $120 for JMO Manufacturing Company, its variable cost per unit is $80, and its fixed costs are $4,000. Wha
    8·1 answer
  • Bob holds a portfolio of 20 stocks from different industries, whereas Sharon holds only one stock in her portfolio. Assuming the
    8·1 answer
  • Fenway Electronics produces video games in three market categories: commercial, home, and miniature. Fenway has traditionally al
    8·1 answer
  • Kaia, a manager, studied the performances of the various business units of her organization. After making an assessment, Kaia ca
    7·1 answer
  • Wheat is the main input in the production of flour. if the price of wheat increases, all else equal, we would expect _______
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!