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Irina18 [472]
3 years ago
12

Under which condition does a country with a small GDP have a large per capita income?

Business
1 answer:
Dahasolnce [82]3 years ago
4 0
<span>A country with a small GDP can have a large per capita income IF IT HAS A SMALL POPULATION. Per capita income is defined as the measure of the average income earned per person in a particular country in a specified year. It is determined by dividing the area's total income by its total population. The smaller the population, the higher the per capita income. </span>
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Determine the net income of a company for which the following information is available for the month of September. Service reven
Luba_88 [7]

Answer:

Net income                        167,800

Explanation:

The net income will be determinate by the difference of the revenues and revenues:

Service revenue                300,000

Salaries expense 81,000

Rent expense       48,000

Utilities expense     3,200

Total expenses                 <u>  132,200  </u>

Net income                        167,800

If provided with a tax rate, that value would be the earnigns before taxes (EBT)

We should also calculate the income tax and then, subtract the income tax to get the net income

6 0
3 years ago
Determine the number of cycles per day and the production quantity per cycle for this set of vehicles: Product Daily Quantity A
PIT_PIT [208]

Answer:

The Number of cycles is 4

Product   Daily Quantity    Daily Unit per cycle

     A                 18                     18/4 = 4.5 units

     B                 16                     16/4 = 4 units

     C                 4                       4/4 = 1 unit

     D                 16                     16/4 = 4 units

3 0
2 years ago
Glenn and Maggie own a regional chain of juice bars and are looking to expand in the coming year. They already have fifty shops,
Studentka2010 [4]

Answer:

a commercial bank

Explanation:

A commercial bank is a deposit accepting institutions regulated by the central bank of a country. The banks play a crucial role in availing capital to businesses. They accept deposits in the form of savings from customers. They keep a small fraction(reserves) in their custody to cater for withdrawal and loan out the rest. Banks, therefore, pool resources together for businesses and households to borrow.

Since banks have a wide customer base, they are able to mobilize huge amounts of resources to loan out. Commercial banks are the best institution to issue a loan to Glenn and Maggie. Saving and loan, credit unions have a limited membership and may not have sufficient resources to issue a loan to Glenn and Maggie.

5 0
2 years ago
Read 2 more answers
Jamar used to work as an office manager, earning $40,000 per year. He gave up that job to start a life-coaching business. In cal
Drupady [299]

Answer:

B. Opportunity Cost  

Explanation:

Opportunity cost is the alternative forgone or sacrifice made in other to satisfy another want. it refers to the wants that are left  unsatisfied in other to satisfy another want.

In the case of Jumar, the money he earned as an office manager ($40,000) could be referred to as the opportunity cost when he started his life coaching business.  

4 0
3 years ago
Mighty Manny, Incorporated manufactures ice scrapers and distributes them across the midwestern United States. Mighty Manny is i
coldgirl [10]

Answer:

The answer is "Choice D".

Explanation:

FedEx Express has developed or continued being a pioneer in high level, providing quick, which remains the global leader offering quick, efficient, or timely delivery to even more than 220 countries that connect more than 99% of the world's largest gross national product with markets, that's why the Two customers are in Wisconsin for Mighty Manny. Mighty Manny accepts phone orders or ships products via FedEx to its customers.

4 0
3 years ago
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