1. Assuming Panem does not produce anything else in 2020, GDP = 78500
2. Panem's per capita GDP growth is 7.55%
1. We have the following data to answer this question
9,000 loaves of bread = $6
2250 wheat = $2
400 axes = $50
<u>We have to first calculate for </u><u>GDP.</u>
GDP stands for gross domestic produce. This is the total sum of goods and services that were made in a particular area at a particular time.
GDP = price * product
Bread = 9000*6 = 54000
wheat = 2250 * 2 = 4500
axes = 400 * 50 = 20000
∑GDP = 54000 + 4500 + 20000
= <u>$78500</u>
Therefore if Panem does not produce anything else in 2020 GDP = $78500
2. <u>We have to find the </u><u>GDP per capita</u>


= 392.5
<u>The GDP increased by</u> 14%
= 78500 * 1.14
= 89490
<u>Population grew to </u><u>212</u>

= 422.12
<u>The percentage</u><u> increase </u>
= 
= 7.55%
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Answer:
Bob wants to gain extra knowledge by joining a professional organization - professional growth and development.
Libby seeks money for research in a particular field- scholarship
Joseph wants to know the latest legislation pertaining to his industry-certification
Debby wants to work as an intern under the guidance of an expert in her field -mentoring
Chad likes to meet with members of his fraternity to get a better perspective of their work - Networking
Explanation:
Bob wants to gain extra knowledge by joining a professional organization - professional growth and development. This is because any attachments to professional organization is always a professional development.
Libby seeks money for research in a particular field- scholarship. Because when you ask for money for studies, research or a university based project, including PhDs, is always either a scholarship or a grant.
Joseph wants to know the latest legislation pertaining to his industry-certification. Any formal studies in corporate or industry is a certification, just like when you study in school/university you get degree.
Debby wants to work as an intern under the guidance of an expert in her field -mentoring. Whenever anyone seeks help from an expert, supervisor or managers, the person who helps is a mentor.
Chad likes to meet with members of his fraternity to get a better perspective of their work - Networking. Meeting and icebreaking is a way to networking, to socialize and know more.
Answer:
c) The current ratio
Explanation:
The current ratio is an example of a liquidity ratio.
Liquidity ratios measure a company's ability to meet its short term obligations.
Current ratio = curernt assets / current liabilities
Return on assets is a profitability ratio. It measures return on investment
The other ratios are coverage ratios. They measure the ability of the firm to covert its debts payments
Currency I think. It's given in exchange for an item.
Answer:
Effect on income= $9,600 increase
Explanation:
Giving the following formula:
Unitary contribution margin= $90
The marketing manager believes that a $7,500 increase in the monthly advertising budget would result in a 190 unit increase in monthly sales.
<u>To calculate the effect on income, we need to use the following formula:</u>
Effect on income= increase in total contribution margin - increase in fixed costs
Effect on income= 190*90 - 7,500
Effect on income= 17,100 - 7,500
Effect on income= $9,600 increase