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ira [324]
4 years ago
15

Country Able and Country Baker initially have the same real GDP per capita. Country Able experiences no economic growth, while C

ountry Baker grows at a sustained rate of 7 percent. In 12 years, Country Baker's GDP will be approximately ___________ that of Country Able.
Business
1 answer:
muminat4 years ago
4 0

Answer:

The correctt answer that fills the gap is Double.

Explanation:

GDP per capita, income per capita or income per capita is an economic indicator that measures the relationship between the level of income of a country and its population. For this, the Gross Domestic Product (GDP) of said territory is divided by the number of inhabitants.

The use of per capita income as an indicator of wealth or economic stability of a territory makes sense because through its calculation, national income is interrelated (through GDP in a specific period) and the inhabitants of this place.

The objective of GDP per capita is to obtain data that shows in some way the level of wealth or welfare of that territory at a given time. It is often used as a measure of comparison between different countries, to show differences in economic conditions.

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On November 26, Joe wrote to Kate offering to purchase a farm that she owned. Upon receiving the letter on November 28, Kate imm
slega [8]

Answer:

No, a contract has not been form because the offer has been revoked

Explanation:

an offers can be terminated if there is rejection of offer by the offeree. an offer can be revoked before its has been accepted. Since the revocation is made known to Joe before the letter of acceptance reach joe. No contract has been form.

Acceptance or rejection of offer can be done orally or written. orally can be through phone communication.

the phone call can also be a form of rejection of offer which has been declared by the offeree.

4 0
3 years ago
Owen is considering giving a large charitable contribution to an organization in the current year. Owen's adjusted gross income
oee [108]

Answer:

Explanation:

There is a limit on the amount of charitable contribution that a taxpayer can claim as deduction and it depends on the type of property that a taxpayer donates and nature of charity organization. A taxpayer can deduct up to 60% of adjusted gross income (AGI) in the case of cash contributions to public charity. When he contributes capital gain property, he can deduct up to 30% of adjusted gross income in the case of public charity. When he contributes capital gain property to private non operating foundation, he can deduct up to 20% adjusted gross income.

Calculate the maximum amount of deduction as follows

Download xlsx
4 0
3 years ago
Pearson Motors has a target capital structure of 30% debt and 70% common equity, with no preferred stock. The yield to maturity
babunello [35]

Answer:

284%

Explanation:

You calculate it using the conversion method

8 0
4 years ago
Which of the following is an example of proper texting etiquette?
Rudik [331]

Answer:

a.

Explanation:

From all of the answers provided it can be said that the one that is an example of proper texting etiquette would be applying the same timing guidelines to sending and receiving text messages that you would for speaking on the phone (such as not during a meeting or when in a social setting). Individuals want to receive a response to their text as soon as possible but at the same time do not want to be disturbed when they are in an important meeting, therefore knowing when and when not to send a message is just part of proper texting etiquette.

5 0
3 years ago
The theory of purchasing power parity A.assumes that most changes in nominal exchange rates are the result of changes in real ex
Neko [114]

Answer:

The correct answer is letter "B": extends the law of one price to a group of goods.

Explanation:

Purchasing Power Parity or PPP compares different country's currencies through a market basket of goods approach. Two currencies are in PPP when a market basket of goods, taking into account the exchange rate, is priced the same in both countries.

The Law of one price states that individual and identical goods or services will have the same price if there were no friction between global markets. Thus, <em>the PPP approach would be the extent of the law of one price adding the exchange rates.</em>

8 0
3 years ago
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