Answer:
A. 21 years
Explanation:
Using the rule of 70
Time it will take the first to double = 70/growth rate
= 70/2
= 35 years.
Applying the same principle
Time it will take the country to the south to double = 70/growth rate
= 70/5
= 14 years.
Thus, the country to the south would double GDP per capita than neighbor in the north in
35 years - 14 years
= 21 years
Answer:
The correct answer is letter "D": Interest in solving a problem.
Explanation:
Situational leadership is exercised by managers when they need to adapt their method of working to the current situation their companies are facing. The key point is to get to the solution of the problem. Thus, the leader does not wait for the subordinates to adapt to his or her leadership style but is the leader who proactively takes a step towards a change.
1. Economists use real GDP as a measure of living standards as it eliminates the effects of inflation by using the price index of the base period over the current period, which is also called the GDP deflator.
2. Real GDP per capital. Reason explained above.
3. 5million dollars divided by 100, therefore it would be 5000.
4. False. With the advancement of technology, capital becomes more productive and efficient, meaning they produce more output using the same amount of input.
The process or work of keeping financial account is known as accounting.