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3 years ago

_____ is Gross Domestic Product divided by a country's population.

Business

2 answers:

AlladinOne [14]3 years ago

8 0

Answer:

GDP per capita

Explanation:

GDP is the sum of all goods and services produced by an economy over a given period of time. It is the main indicator of a capitalist economy, since it is the GDP that earns the wealth of the nation. Per capita GDP is an indicator that aims to measure the average wealth of a country's population. To calculate GDP per capita, the value of GDP is divided by the total population of the country.

kicyunya [14]3 years ago

3 0

Answer: The answer is GDP per capita.

GDP per capita is Gross Domestic Product divided by a country's population.

Explanation: Gross Domestic Product (GDP) per capita refers to dividing the country’s Gross Domestic Product by its population. It measures the country’s economic output that account for the country’s total population. Gross Domestic Product (GDP) per capita is the best measurement of a country’s standard of living.

Gross Domestic Product means the total number of goods and services produced in the country within a year.

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4. Labour Institutions Act(10MKS)

lord [1]

Answer:

Reduce discrimination.
Reduce exploitation.
Reduce inequality/ poverty.
Increase productivity.
Economic growth.

Explanation:

It is necessary for the government to regulate wages because some companies might take advantage of little regulation to get away with many unjust and unethical actions as they chase profits or due to personal bias.

Without government regulation, there would be wage disparity between races and genders so regulation reduces that. Exploitation will also be reduced because companies will not take advantage of unemployment rates to make workers overwork themselves to keep their jobs.

Regulated wages will reduce inequality in social classes as well as poverty rates as people will be paid closer to what they deserve.

Regulated wages will also lead to improved productivity as people will be more encouraged when they are working knowing they are getting paid appropriately so they will work harder.

With people being paid appropriately, they will be able to afford more goods and invest more savings which will lead to growth in the economy.

4 0

3 years ago

Giant Ltd acquired 80 percent share capital of Expert Ltd. On 1 July 2018 for a cost of $1,600,000. As at the date of acquisitio

sweet [91]

Answer and Explanation:

1. For computation of the non-controlling interest as at 30 June 2019 is shown below:-

Adjusted profit = Profit tax after the year - Unrealized gain in stock - Gain on machinery

= $200,000 - $10,500 - $10,500

= $179,000

Non-controlling interest as at 30 June 2019 = Share capital + Retained earning + General reserve + Profit of the year June 2019

= ($800,000 × 20%) + ($200,000 × 20%) + ($400,000 × 20%) + ($179,000 × 20%)

= $160,000 + $40,000 + $80,000 + $35,800

= $315,800

2. The Journal entries are shown below:-

a. Profit for the year Dr, $21,000

To Stock reserves $10,500

To Equipment reserve $10,500

(Being reserves is recorded)

Working note:

For stock reserve

Sale price $120,000

Cost $60,000

Profit before tax $60,000

Tax at 30% $18,000

Profit after tax $42,000

Unsold stock 25%

Unrealized profit $10,500

For net gain on sale of machinery

Sale price $80,000

Cost $60,000

Profit before tax $20,000

Tax at 30% $6,000

Profit after tax $14,000

Unsold stock 75% (3 years from 4 years)

Unrealized profit $10,500

b. Profit for the year Dr, $179,000

To Consolidated reserves and surplus $35,800

To Non controlling interest $143,200

(Being profit of expert ltd. is recorded)

Working note

Share of non controlling stakeholders = 20% × $179,000

= $35,800

Share of Giant Ltd. = 80% × $179,000

= $143,200

We do not make any adjustment with respect to consultancy fees

3 0

3 years ago

When and where were the first vending machines introduced in the united states?.

Svet_ta [14]

In 1888, Thomas Adams was the first person to build a vending machine that dispensed chewing gum. The gum, named Tutti-Frutti, was available around New York City subway stations.

5 0

2 years ago

Why is it false that we learn about gods relationship with the people of Israel in the new testament

podryga [215]

Because the New Testament is about Jesus

8 0

3 years ago

For an analysis of the salaries of your company, you plot the salaries of all employees against the number of years they have w

Arisa [49]

Answer:

1. That values that you must plot are:

(1, 4.08))

(20, 5.08)

(40, 6.18)

2. Yes, the plot of those three points is straight enough.

Explanation:

A. What are the values you will plot?

The x-ccordinate of your plot is still the number of years the exmployees have worked for the company.

The y-coordinate of your plot is the the base-10 logarithm of the salary.

Therefore:

1) A part-time shipping clerk: 1 year, $12,000

⇒ $(1,log_{10}12,000)=(1,4.08)$

2) A manager: 20 years, $120,000

⇒ $(20,log_{10}120,000)=(20,5.08)$

3) The CEO: 40 years ago, $1,500,000

⇒ $(40,log_{10}1,500,000)=(40,6.18)$

Summarizing, the points to plot are:

(1, 4.08)

(20, 5.08)

(40, 6.18)

B. Will the plot of these three points be straight enough?

To find whether the plot is straight enoguh, you may either plot them, make a regression, or, since they are only three points, you can whether the change of rate of the points is constant.

Change of rate of the first two points, r:

r = rise/run = Δy / Δx = (5.08 - 4.08) / (20 - 1) =1.00/19 ≈ 0.05

Change of rate of the second and the third points, r:

r = rise/run = Δy / Δx = (6.18 - 5.08) / (20 - 1) = 0.05

Since both rate of changes are equal (or reasonably equal) the plot is straight enough.

4 0

3 years ago