United States’ savings rate is only around 10%, much lower than any other countries. There's some reasoning behind it. In fact, countries with the highest savings rates weren’t necessarily the countries with the highest GDPs. GDP os US is $56,300 per capita but their household savings rate of just 4.9%. Also, in Hungary their GDP is $26,000 while their savings rate of 9.0%. This implies that the money they have isn't place on one nest only or put to savings, rather allocated to a much more important sectors. We should not forget taking into account their purchasing power parity, the rate a currency would have to be converted into another to buy the same amount of goods and services of the country.
Answer:
$ 532
Explanation:
<em>C= cost per person
</em>
<em>N= number of people
</em>
<em>TC= total cost
</em>
<em>
</em>
TC= ( 46 * N ) - ( N * ( N - 1 ) )
C= <u>( 46 * N ) - ( N * ( N - 1 ) )</u>
N
TC = ( 46*19 ) - ( 19 * ( 19-1 ) )
TC = ( 874 ) - ( 19 * 18 )
TC = 532
<u>Total Cost for 19 people</u> : $ 532
N° $
1 46
2 44
3 42
4 40
5 38
6 36
7 34
8 32
9 30
10 28
11 26
12 24
13 22
14 20
15 18
16 16
17 14
18 12
19 <u> 10
</u>
<em><u>Total: 532
</u></em>
Answer:
a. $1,200
Explanation:
Note: The full question is attached below
Number of training hours = 40 hour
Cost per hour = $30
Total cost = Number of hours * Per unit cost
Total cost = 40 * $30
Total cost = $1,200