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
Eddi Din [679]
3 years ago
5

The population of a country Dnalgne is 90 million in 1997 and increasing at a rate of 0.1 million per year. The average annual i

ncome of a person in Dnalgne during 1997 was 25000 dollars per year and increasing at a rate of 600 dollars per year. How quickly was the total income of the entire population rising in 1997?
Business
1 answer:
swat323 years ago
8 0

Answer:

The answer is: 2.514% in percentage term or $56,560 million in absolute term.

Explanation:

The entire population income of Dnalgne in the beggining of 1997 = Total population of Dnalgne in the beginning of 1997 x average annual income of a person in Dnalgne in the beginning of 1997 = 90 million x 25,000 = $2,250,000 million

The poplulation of Dnalgne at the end of 1997 = 90 million + 0.1 million = 90.1 million; The average annual income of a person in Dnalgne at the end of 1997 = 25,000 +600 = $25,600

The entire population income of Dnalgne in the end of 1997 = Total population of Dnalgne at the end of 1997 x average annual income of a person in Dnalgne at the end of 1997 = 90.1 million x 31,000 = $2,306,560 million

Thus. the rise in absolute number is $2,306,560 million - $2,250,000 million = $56,560 million or 56,560/2,250,000 = 2.514% in percentage term.

You might be interested in
Suppose Van would like to invest $2,000 of his savings.
Greeley [361]

Answer:

The anwers are equity, a claim to partial owernship, van and other bod holders , higher.

Explanation:

Suppose Van would like to invest $2,000 of his savings.

One way of investing is to purchase stock or bonds from a private company.

Suppose RoboTroid, a robotics firm, is selling bonds to raise money for a new lab—a practice known as ___equity____ (Debt or equity) finance. Buying a bond issued by RoboTroid would give Van _____a claim to partial ownership____ (An IOU, a promise pay, from or a claim to partial ownership) the firm. In the event that RoboTroid runs into financial difficulty, _van and other bondholders______________ (Van and other bondholders or the stockholders) will be paid first.

Assuming that everything else is equal, a U.S. government bond that matures 10 years from now most likely pays a ___higher_______ (higher or lower) interest rate than a U.S. government bond that matures 30 years from now.

8 0
3 years ago
An outdoor clothing company’s blog gives information about its latest products, such as waterproof jackets. The blog also allows
EastWind [94]

Answer:

C)

Explanation:

"The blog also allows people to leave comments about the products" the comments are feedback

4 0
3 years ago
What is a net income.
maw [93]

Answer:

Net income is how much money a business or person makes after the costs of deductions, taxes, and allowances.

Further, commerce net income is how much the business has after all costs, which include things such as: salary/wages, the cost it takes to buy the goods or create them, plus taxes.

Explanation:

Answering again cause it got deleted for the link.

(still new here, I didn't know I wasn't suppose to do that, whoops)

8 0
2 years ago
Use steth/o to build a word that means instrument to examine the chest:
yanalaym [24]
Stetho is the prefix for chest, while a scope is an examination tool. A stethoscope is a commonly used tool for auscultation (examination through listening) of the lungs and heart, which are in the chest.
3 0
4 years ago
Suppose that there are customers distributed evenly across a line which runs from 0 to 1. There are two competing vendors that c
Shtirlitz [24]

Answer:

b.(1/2, 1/2)

Explanation:

If one vendor is located at “1/2” then the best possible respond of the other vendor is “1/2”, both of them of capture the equal share of the market.

Therefore, Nash equilibrium is (1/2 , 1/2).

7 0
3 years ago
Other questions:
  • The green giant has a 8 percent profit margin and a 67 percent dividend payout ratio. the total asset turnover is 1.3 times and
    10·1 answer
  • You have an option to attend a Taylor Swift concert or Maroon 5 concert. They are at the same time. You are a huge Taylor Swift
    9·2 answers
  • ILL GIVE BRAINLIST PLEASE HELP
    10·1 answer
  • Fifteen years ago, russell bought his house for $141,000. the house's property value has decreased by 1.6% per year ever since t
    12·1 answer
  • A shift in the demand curve can be caused by a change in one of the determinants of demand.
    10·1 answer
  • Assume the government receives more tax revenue when it raises taxes on cigarettes as part of the price of cigarettes. However,
    11·1 answer
  • In many universities, graduate students are employed to teach introductory undergraduate courses, even though the full professor
    12·1 answer
  • Paul, who runs a retail jewelry store, went with Jane, to whom he was engaged to be married, to a wholesale jewelry store. Paul
    7·1 answer
  • Fine Stationery makes personalized stationery of the highest quality. The company maintains a stock of blank note cards, calling
    8·1 answer
  • Write a paragraph of at least six sentences to discuss how the use of Cut, Copy, and/or Paste would be beneficial when creating
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!