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Bess [88]
3 years ago
8

1960 the per capita GDP of Hong Kong was substantially less than that of Argentina and Venezuela. By 2005, the per capita income

of Hong Kong was more than three times the figures for Venezuela and Argentina. This dramatic change occurred because Group of answer choices
Business
1 answer:
GenaCL600 [577]3 years ago
8 0

Answer:

Hong Kong's economy was able to sustainably grow at very high rates during a long period of time. This means that Hong Kong's GDP per capita will constantly grow, so even if it started at a very low level it eventually grow to much higher levels.

Meanwhile, in Argentina and Venezuela, the economic growth rate was very small, sometimes even negative. Their GDP per capita may have been much higher than Hong Kong's 50 years ago, but since it stagnated for so long, it didn't grow that much.

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Tom borrows $100,000 from his local bank to purchase inventory for his store for the upcoming holiday season. Tom's neighbor tel
uranmaximum [27]

Answer:pyramid scheme

Explanation:

5 0
3 years ago
The accounting records of Compass Point Wireless include the following as of December​ 31, 2016​:
uysha [10]

Answer:

1,               Compass Point Wireless

                  Balance sheet (partial)

Current Liabilities:                                $

Accounts Payable                            71,000

Interest Payable                               17,000

Salaries Payable                               10,500

Unearned Revenue                          2,400

Current Portion of Bonds payable  24,000

Total current Liabilities                 $ 124,900

Long term Liabilities                               $

Mortgage Payable                              80,000

Bonds Payable                                    64,000

Premium on Bonds Payable               10,000

Total long term liabilities                 $154,000

Total liabilities = Total current Liabilities + Total long term liabilities

=  $ 124,900 + $154,000

= 278900

2. Debt        Stockholders' equity           Debt to equity ratio

 278,900             160,000                             1.74

Note: Debt to equity ratio = Debt / Stockholders' equity

6 0
3 years ago
Which education level has the highest return on investment (ROI)? ABachelor's Degree (4 years of college) BROI is equal for all
Bad White [126]
<span>A. A Bachelor's Degree This has the highest rate of investment because with the other options like a high school diploma, the person who gets such certificate can only earn minimum wage. However, with a 4 years Bachelor's degree the person can earn more and will live according to certain societal standards.</span>
8 0
4 years ago
If you are sharing the road with an impaired driver it is safest to be
nexus9112 [7]
An impaired driver refers to someone who is under the influence of alcohol and is driving. If you are sharing the road with such a person, it is safest to drive behind such a person. You can take further action by parking beside the road, note down the vehicle's number and then call the appropriate patrol or emergency to inform them about the driver. This will ensure that such a driver is gotten off the highway. 
7 0
3 years ago
Which of the following is NOT a basic assumption of perfect​ competition? A. Production is characterized by significant economie
Alex17521 [72]

Answer: Production is characterized by significant economies of scale is not an assumption of perfect competition (A)

Explanation:

A perfect competition is a form of market structure that has many buyers and may sellers. In a perfect competition, there is a free entry and exit for producers as there is no barrier.

Also, firms are price takers as no producer can influence the price of the goods in the market unlike in an imperfect competition which is a price maker as producers can influence price. Firms also sell identical products that are the same in quality, size etc.

In a perfect competition, production is not characterized by significant economies of scale. That is an assumption that can be found in monopoly.

Therefore, option A is the right answer.

7 0
3 years ago
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