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3 years ago

Government agencies are which of the following?

1 answer:

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<span>Government agencies are D. Part of the public sector. Public sector is defined as a part of the economy that is owned and controlled by the government. Government agencies are called such because these agencies are controlled by the government; each branch of Government has its own agencies but each agency exists to provide services for its citizens.</span>

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Richland’s real GDP per person is $10,000, and Poorland’s real GDP per person is $5,000. However, Richland’s real GDP per person

dangina [55]

Answer:

It will take approximately 36 Years to Poorland to catch up to Richland.

Explanation:

Given data:

The GDP increase in Poorland per year = 1 %

The GDP increase in Richland per year = 3 %

Calculations:

Step 1: For Richland:

The formula for calculating the per year GDP increase for Richland is:

GDP = 10,000 + (10,000 x (1/100)) ---- (1)

GDP for first Year = 10,100$

GDP for second Year = 10,201 $

Similarly using the formula (1) we calculated the values for 10 and 20 years

GDP for 10th Year = 11046.2$

GDP for 20th Year = 12201.9$

Step 2: For Poorland:

The formula for calculating the per year GDP increase for Poorland is:

GDP = 5,000 + (5,000 x (3/100)) ---- (1)

GDP for first Year = 5,150$

GDP for second Year = 5,304.5 $

Similarly using the formula (1) we calculated the values for 10 and 20 years

GDP for 10th Year = 6719.6$

GDP for 20th Year = 9030.6$

Step 3: When will Poorland catch up to Richland:

By calculating values using the above formulas, we have found that for 38th year, Poorland will catch upto Richland and will have more GDP.

Poorland GDP for 36th Year = 14491.4$

Richland GDP for 36th Year = 14307.7$

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4 years ago

Yekutia has the resources to manufacture 320 motorcycles or 570 lawn-mowers per year. The country of Bezanitia, has the capabili

kodGreya [7K]

Answer:

Bezanitia,

1.782609

Explanation:

Opportunity cost is the cost of the next best option forgone hen one alternative is chosen over another alternative.

By choosing to produce one more motorcycle, the countries would be giving up the opportunity to produce one more unit of lawn mowers

Yekutia's opportunity cost in the production of motor cycle = 570 / 320 = 1.781250

Bezanitia's opportunity cost in the production of motor cycle = 410 / 230 = 1.782609

8 0

3 years ago

Gadget Twin Inc. has an expected net operating profit after taxes, EBIT(I-T), 12,600 million in the coming year. In addition, th

lina2011 [118]

Answer:

$10,670 million

Explanation:

The computation of the free cash flow is shown below:

= EBIT × (1 -Tax Rate) + Depreciation & Amortization - Change in Net operating Working Capital - net capital Expenditure.

= $12,600 million - $0 - $1,890 million - $40 million

= $10,670 million

We simply deduct the increase in net operating capital and the net capital expenditure from the EBIT after tax so that the accurate amount can come

All other information which is given is not relevant. Hence, ignored it

8 0

4 years ago

Which of these situations produces the largest profits for oligopolists? a. The firms reach a Nash equilibrium. b. The firms rea

liraira [26]

Answer:

c. The firms reach the monopoly outcome.

Explanation:

The oligopoly is a market structure with a small number of competitors that have all of most if not all of the sales in an industry. According to Nash theory, the equilibrium is reached when each competitor is doing the best it can given what its competitors are doing and have no incentive to deviate (acting all together as a monopoly).

4 0

3 years ago

A major difference between a joint venture and a partnership is that: a. a joint venture is a one-time association, whereas a pa

Readme [11.4K]

Answer:

Option A

Explanation:

A joint venture refers to the business entity formed by two or maybe more partners, distinguished typically by shared ownership, shared profits and hazards and shared management.

Companies usually seek joint ventures for some of four reasons: exposure to a new industry, especially emerging economies; achieve efficiencies in size through sharing resources and procedures; share responsibility for significant investments or initiatives; or gain expertise and capacities.

A partnership refers to the formal agreement to handle and run a business and express its earnings by two or even more sides. There are many kinds of agreements for partnerships. Throughout fact, both partners share obligations and benefits equally in a relationship company, while partners have limited liability in other businesses.

Thus, from the above we can conclude that the correct option is A.

5 0

3 years ago