'There are two common measures of economic growth: increases in real GDP over some period of time and increases in real GDP per capita over some time period.
This statement is True.
Gross domestic product is a monetary measure of the market value of all final goods and services produced and sold by a country in a given period of time. Due to its complex and subjective nature, this indicator is often revised before being considered a reliable one.
GDP = private consumption + private gross investment + government investment + government expenditure + (exports – imports). GDP is usually calculated by a country's national statistical agency according to international standards.
GDP measures the monetary value of the final goods and services produced in a country (that is, purchased by final consumers) over a specified period of time (such as a quarter or a year). Counts all electricity generated within a country's borders.
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Answer:
a) 3%
b) the new workers contribute 16,068 dollars
c)$160.68 each
d) the old workers contribute 15,000 when they made his contribution
e) rate of return 7.12%
Explanation:
growth rate: the increase in the workforce:
103 new workers / 100 retired - 1 = 0.03 = 3%
103 workers x 1,040 each x 15% = 16,068
assuming no other employee:
$16,068 pension fund / 100 retired persons = 160.68 dollars each
100 workers x 1,000 each x 15% = 15,000
e) the old retire contribute:
1,000 x 15% = 150
they receive 160.68
rate of return:
160.68 / 150 - 1 = <em>0.0712</em>
Answer:
Celeberties get a lot of attension, companies want attension to sell the goods or serveicef they see a celebirty they feel safe in buying their things.
Explanation:
Good question. If you have not signed an at-will agreement, check your employee manual or other written workplace policies.For example, if you have a two-year contract that states you can be fired during the contract term only for committing a crime, then you are not an at will employee.
Answer:
True
Explanation:
In monetary economics, the demand for money is the total amount of the asset an individual prefer to keep in liquid or near liquid forms rather than investment. Some of the factors that influences the demand for money are interest rate, inflation, income, e.t.c.
John Maynard Keynes postulated that the demand for money falls within the realms of liquidity preference, which he summarized under three headings, these are, the transactions motives, the precautionary motives, and the speculative motives.
