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
Hitman42 [59]
3 years ago
6

In 2017, if the PPP per capita of China was $16,760 and the PPP per capita of the United States was $60,200, this means that the

Business
1 answer:
evablogger [386]3 years ago
7 0

Answer:

e. cost of living was lower in China.

Explanation:

Here are the options to this question

. GNI per capita was greater in China.

b. standard of living in China was better.

c .annual average GDP growth rate was lower in China.

d. percent of goods and services consumed in the United States was lower.

e. cost of living was lower in China.

PPP per capita = purchasing power parity / population.

PPP per capita gives the price of a basket of goods per capita.

A lower PPP per capita compared to another country means that price is lower in that country and that the cost of living is lower

You might be interested in
LBC Corporation makes and sells a product called Product WZ. Each unit of Product WZ requires 3.5 hours of direct labor at the r
swat32

Answer:

The correct option is D

Labour budget = $1,974,175

Explanation:

The labour budget is the product of the standard labour cost per unit and the budgeted production in units

Labour budget = standard labour cost× production budget in unit

The production budget can bed determined by adjusting the sales budget for closing and opening inventories.  

Production budget = Sales budget +closing inventory - opening inventory

Production budget = 39,000 + 100 -200 = 38,900 units

Labour budget = $14.50× 3.5× 38,900 = $1,974,175

Labour budget = $1,974,175

6 0
3 years ago
True or False:If the price of a product goes up by 10% and the quantity demanded goes up by 20% the product is an inferior good.
hodyreva [135]
False. 

If the price of a product goes up by 10% and the quantity demanded goes up by 20% the product is a GIFFEN GOOD. 

An inferior good is a good that decreases in demand if income increases. These are the goods that people opt not to buy when their purchasing power increases.
5 0
3 years ago
The marketing process includes decisions about the best way to get the product to the consumer.
DENIUS [597]

Answer:

True

Explanation:

In the marketing mix, the process of moving products from the producer to the intended user is called place. In other words, it is how your product is bought and where it is bought. This movement could be through a combination of intermediaries such as distributors, wholesalers and retailers.

5 0
4 years ago
Read 2 more answers
What is Kevin’s net worth on May 31, 2013?<br> $4,050<br> $9,260<br> $13,200<br> $22,460
Alchen [17]

$4,050, i got that by adding up each size than subtracting the totals

4 0
3 years ago
Read 2 more answers
It is still customary in u.s. society for a bride to accept her husband's last name and for the bride's family to pay for the we
Ksivusya [100]
<span>The customs of a bride taking her husband's last name and her family paying for the wedding represents a patriarchal line of authority. In a patriarchal line of authority, the man is considered the head of a family and descendants trace their heritage back through his line.</span>
6 0
3 years ago
Other questions:
  • The second step a clinician takes after meeting with a client is:
    12·1 answer
  • Anyhelp?? anyone??? please?
    13·2 answers
  • Which of the actions must be taken if a municipality wishes to raise its debt limit?
    12·1 answer
  • Lindsay is Jon's manager and calls him into her office after everyone else has gone home for the day. She closes the door and te
    7·1 answer
  • __________ often assist companies and employees with ethical issues by formally addressing contributions to government officials
    6·1 answer
  • Samantha runs a store that exclusively sells handmade vegan cosmetics. The store has a wide range of products manufactured by di
    6·1 answer
  • 5. Firm Q is about to engage in a transaction with the following cash flows over a three-year period: Year 0 Year 1 Year 2 Reven
    7·1 answer
  • The average cost of tuition and room and board at a small private liberal arts college is reported to be $8,500 per term, but a
    8·1 answer
  • Bunny's Furniture Warehouse accepted a national credit card for a $3,300 purchase. The Cost of the Goods Sold is $1,300. The cre
    7·1 answer
  • Materials purchased on account during the month totaled $190,000. Materials requisitioned and placed in production totaled $165,
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!