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guajiro [1.7K]
3 years ago
14

Long-run economic growth in the United States is best measured using A. nominal GDP per​ capita, which has been trending strongl

y upwards over the past century. B. nominal GDP per​ capita, the values for which represent constant purchasing power. C. real GDP per​ capita, which has increased every single year over the past century. D. real GDP per​ capita, which has been trending strongly upwards over the past century.
Business
1 answer:
Genrish500 [490]3 years ago
6 0

Answer:

D) real GDP per​ capita, which has been trending strongly upwards over the past century.

Explanation:

The real GDP per capita is GDP per capita adjusted to inflation. American real GDP per capita has not increased every single year during the past century, the country has been through recessive economic periods but generally speaking the American economy shows a strongly upward trend during the past century.

Currently the real GDP per capita of the US is around $58,000 (measured in 2012 US dollars), while the real GDP per capita during 1950 was $14,490 (also measured in 2012 US dollars).

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Quiz DAFCO
dimaraw [331]

Question Completion:

Show the effects of the transactions on the accounting equation.

Answer:

DAFCO

Jan. 1:

Assets (Bank +Sh800,000) = Liabilities + Equity (Common Stock +Sh800,000)

Assets (Bank -Sh200,000 Cash +Sh200,000) = Liabilities + Equity

Jan. 2:

Assets (Bank -Sh70,000 Inventory +Sh70,000) = Liabilities + Equity

Jan 3:

Assets (Furniture +Sh25,000 Cash -Sh25,000) = Liabilities + Equity

Jan. 3:

Assets (Equipment +Sh75,000) = Liabilities (Accounts payable +Sh75,000) + Equity

Jan. 4:

Assets (Cash +Sh100,000) = Liabilities + Equity (Retained Earnings +Sh100,000)

Jan. 5:

Assets (Inventory +Sh200,000 Bank -Sh200,000) = Liabilities + Equity

Jan. 6:

Assets (Motor Van +Sh210,000 Bank -Sh210,000) = Liabilities + Equity

Jan. 10:

Assets (Bank +Sh500,000) = Liabilities (Bank Loan +Sh500,000) + Equity

Jan. 12:

Assets (Accounts Receivable +Sh75,000) = Liabilities + Equity (Retained Earnings +Sh75,000)

Jan. 16:

Assets (Bank +Sh100,000) = Liabilities + Equity (Retained Earnings +Sh100,000)

Jan. 30:

Assets (Cash -Sh10,000) = Liabilities + Equity (Common Stock -Sh10,000)

Explanation:

The accounting equation indicates that Dafco's assets are equal to its liabilities plus equity.  This equation is the basis of the double-entry system of accounting.  It is always in balance with each transaction whenever the correct postings are made into the correct accounts.

5 0
2 years ago
Which of the following agencies protects human health and the natural environment? A. The FTC B. The EEOC C. The CPSC D. The EPA
Alla [95]
D.) The EPA

The United<span> States Environmental Protection Agency(EPA)</span><span> is an agency made by the </span>federal<span> government of the </span>United<span> States for the purpose of protecting human health and the environment by writing and enforcing regulations based on laws passed by Congress.</span>
5 0
3 years ago
Read 2 more answers
If a company receives $12,000 from the stockholders to establish a corporation, the effect on the accounting equation would be:_
Darina [25.2K]

Answer:

The correct answer is option A

Explanation:

A receipt of cash indicates an increase in cash which is an asset. When an asset increases, it is represented by a debit to that asset's account and the asset side of the accounting equation is also debited. Thus, a receipt of $12000 cash from stockholders will be represented by a debit or an increase to the asset account for $12000.

The other side of the transaction would be a credit to the equity for $12000 because the stockholders are the owners of the company and any capital invested by the owners in the company is represented by a credit to the equity account as the capital is credited when it increases. Thus, the effect on accounting equation will be an increase in the equity of $12000.

4 0
2 years ago
A climograph a. is an imprecise display of data. b. is usually in the form of a map. c. can be used to classify climate. d. does
erastova [34]
The climograph is a device that gives information about two basic climatic parameters,  monthly average temperature and precipitation. It is a graphical representation and <span>does not provide complete information about the climate. From the given statements about the climograph the following is true: 
</span><span>A climograph can be used to classify climate. </span>
7 0
3 years ago
Huge differences in the wealth of relatively similar countries such as north and south korea are an example of how different ___
NISA [10]

It should be noted that  differences in the wealth of relatively similar countries such as North and South korea are an example of how different Economic and political conditions affect businesses.

<h3>What are Economic and political conditions in business?</h3>

Economic and political conditions that do affect business can be regarded as the factors in the country as well as government policy that can influence the business.

Therefore, differences in the wealth of relatively similar countries such as North and South korea are an example of Economic condition that affect business.

Learn more about Economic and political conditions at:

brainly.com/question/21400963

5 0
2 years ago
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