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Vikki [24]
3 years ago
14

Real per capita GDP in South Korea in 1957 was about $400, but it doubled to about $800.00 by 1978. a. What was the average annu

al economic growth rate in South Korea over the 21.00 years from 1957 to 1978? (NOTE: Round this to two places past the decimal point.
Business
1 answer:
miskamm [114]3 years ago
3 0

Answer:

3.33%

Explanation:

Data provided in the question:

Real per capita GDP in South Korea in 1957 = $400

per capita GDP in South Korea in 1978 = $800

Total number of years taken to double the GDP = 21 years

Now,

Using the Rule of 70, which states that

Number of years to double the GDP = 70 ÷ (average annual economic growth rate )

thus,

21 years = 70 ÷ average annual economic growth rate

or

Average annual economic growth rate = 3.33%

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Vlad1618 [11]

Answer:

ok man. Copied text is stored in the clipboard for 1 hour.Press and hold an item to delete it.Press and hold an item to pin it.Press and hold an item to pin it.Press and hold an item to pin it.Press and hold an item to pin it.Press and hold an item to pin it.Press and hold an item to pin it.Press and hold an item to pin it.Press and hold an item to pin it.Press and hold an item to delete it.Copied text is stored in the clipboard for 1 hour.Copied text is stored in the clipboard for 1 hour.Copied text is stored in the clipboard for 1 hour.Press and hold an item to delete it.Press and hold an item to delete it.Press and hold an item to delete it.Press and hold an item to delete it.Press and hold an item to delete it.Press and hold an item to pin it.Press and hold an item to delete it.Press and hold an item to delete it.Press and hold an item to delete it.Press and hold an item to delete it.Press and hold an item to delete it.Press and hold an item to delete it.Press and hold an item to delete it.Press and hold an item to delete it.Press and hold an item to delete it.Press and hold an item to delete it.Press and hold an item to delete it.Press and hold an item to delete it.Press and hold an item to delete it.Press and hold an item to delete it.Press and hold an item to pin it.Copied text is stored in the clipboard for 1 hour.Press and hold an item to pin it.Press and hold an item to delete it.Copied text is stored in the clipboard for 1 hour.

8 0
3 years ago
A truck costing $12,100, which has Accumulated Depreciation of $9,010, was sold for $2,010 cash. The entry to record this event
blagie [28]

Answer:

Loss of $1,080

Explanation:

The correct journal entries would be:

Dr     Accumulated Depreciation           9,010

Dr     Cash                                                2,010

Dr     Loss on sale                                    1,080

        Cr                Truck (Asset)                                    12,100

     

Thus, the correct answer is a loss of $1,080                                  

     

3 0
3 years ago
Suppose that in the rice market demand shifts due to a new rice diet that is being marketed in the U.S. as a cure for cancer. Si
Soloha48 [4]

Answer:

The equilibrium price will increase

Explanation:

Equilibrium price is defined as the price at which the quantity demanded and quantity supplied are equal.

At this point there is no excess demand or supply, they are both equal.

I'm the given scenario the new rice diet that is being marketed in the U.S. as a cure for cancer will lead to increase in demand for rice.

While a flood that affects the rice crop in California will reduce the ability of suppliers to supply. Leading to reduced quantities supplied to the market.

This results in increased prices for the now scarce rice in the economy

It is illustrated in the attached diagram where price increases from P1 to P2.

The new equilibrium quantity is Q1

8 0
2 years ago
Support systems on a service blueprint include all of the following except the _____ .
Gre4nikov [31]

Answer:

server

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A service blueprint is a diagram or an illustration of the service process in an organization. It visualizes a company's service process to identify improvement areas to provide a better customer experience.

A service blueprint illustrates the relationship between various service components that interact directly or indirectly with customers. They include customer facings and back-office employees and digital interfaces such as the company website.

3 0
2 years ago
Which communication concept recognizes that one person is a member of various co-cultures?
Svetllana [295]

The  communication concept that  recognizes that one person is a member of various co-cultures is Intersectionality communication.

What is Intersectionality communication.?

Intersectionality  can be regarded as the  framework  that is been used in  conceptualizing a person, group of people,  which can be attributed to dept. of discriminations and disadvantages.

It involves the  people's overlapping identities as well as  experiences in order to understand the complexity of prejudices  in the society.

in this case, The  communication concept that  recognizes that one person is a member of various co-cultures is Intersectionality communication.

Learn more about Intersectionality communication. on:

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8 0
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