Answer:
Some African countries have mortality rates over 10%. For example, according to the most recent CIA estimates, in countries like Somalia, Central African Republic, Niger and Chad, there are around 90 deaths per 1,000 live births, which is a lot.
This extremely high mortality rate affects economic growth in the long run. First of all, most economists agree that human capital is the most important form of capital, and the one that helps boost economic growth the most.
Every child who dies is potential human capital loss (and a moral tragedy as well).
If medical aid increased in those African countries, and less children died at a young age, those children would help develop the economies. However, education is also needed. If the children survive but are not well-educated, they will not be very productive in the modern economy, which is knowledge-oriented.
Based on the majors indicators, the U.K economy perform above expectations as the UK surprised the world in the second half to 2013 with the robustness of its economy.
<h3>What are the three major indicators of the economy?</h3>
Economic indicators cover measurements of stability and macroeconomic performance, such as gross domestic product (GDP), consumption, investment, and international commerce (central government budgets, prices, the money supply, and the balance of payments).
The GDP, unemployment rate, and inflation are the main three indicators that economists look at to determine how the economy is performing overall. The primary gauge of macroeconomic performance is generally acknowledged to be the Gross Domestic Product (GDP). An economy's overall size can be determined by looking at its GDP in absolute terms, whereas its overall health can be determined by observing fluctuations in GDP, which are frequently quantified as real GDP growth.
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Answer:
$175,808
Explanation:
P=R (1-(1+i)^-n)/i
Where P=780,000*90%=$702,000
R=?
i=8%
N=5 years
By putting above values in formula, we get
P=R(1-(1+.08)^-5)/.08
702,000=R*3.993
R=702,000/3.993
R=$175,808
Answer:
The Journal entries are as follows:
(i) Sales revenue A/c Dr. $900
To Cash $900
(To record the correction in sales revenue)
(ii) Merchandise Inventory A/c Dr. $200
To Cost of Goods sold $200
(To record the merchandise returned)
Note:
(1) At the time of sale, the cash would have been debited with the amount of $900 and the sales revenue would have been credited with the amount of $900. Now, the cash of $900 should be credited as it was debited earlier.
(2) The inventory account also credited at the time sale, so it should be debited and the cost of goods sold debited at the time of original sale, so it need to be credited.
The best way to describe the steps is to define them in a systematic way.
Explanation:
For recruiting, Nelson should look for various alternatives where he can approach skilled group of people like institutions and colleges, placement agencies or he can also contact head hunters for highly skilled jobs.
For onboarding he should access the talent potential employee is bringing on the table considering the general market practice for such job and thus offering him a pay structure that would attract him to join keeping the best interest of the company in mind.
He should also make him clear the terms and conditions as per the job and providing him a healthy work environment and help him to get to know the people he will be working with.
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