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ira [324]
3 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:
muminat3 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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In what different ways did global commerce transform human societies and the lives of individuals during the early modern era?
loris [4]

Explanation:

The beginning of the modern era was marked by the fortification and expansion of European monarchies throughout the world. It was from the fifteenth century with the great navigations that occurred the integration between various parts of the globe, having as main historical landmarks the discovery of the Americas and the trade route between Africa and Asia, which generated slavery of many individuals, as well as new and greater trade relations, increasing capital accumulation and the marketed economy worldwide, as well as the discovery and creation of new technologies.

4 0
3 years ago
In targeting professionals (such as doctors, lawyers, and teachers) with advertising, the advertiser must be aware that
Igoryamba

Answer:

The correct option here is A) languages and images used in the advertising for this audience often rely on esoteric terminology.

Explanation:

When the target audience is group of professionals like lawyers, doctors and teachers etc then, the advertiser should rely on esoteric terminology. Here esoteric means something that is to be understood by only professionals who have some specialized knowledge, if this type of terminology is used with normal public than everything that advertiser is saying is gonna go over the head of the public, so therefore this type of terminology is used when the audience is group of professionals.

7 0
3 years ago
The Republic of South Africa exports edible fruits and nuts into the common market known as the European Union, and imports from
Ugo [173]

Answer:

C) The theory of Comparative Advantage

Explanation:

The theory of Comparative Advantage is a theory of international trade and it comes into effect in a situation where the <u>opportunity cost of producing a good or offering by a service by a country is lower than that of other countries. </u>

Specifically, to understand the theory of comparative advantage the opportunity cost of production or offering a service has to be measured in terms of the trade off between those countries. It simply means when a country has the comparative advantage then it derives more benefits from other countries buying its products as compared to buying their products and vice versa.

In the question, the European Union has the Comparative advantage over South Africa because the trade-off between buying South Africa's edible fruits and nuts and selling other products to South Africa benefits the European countries.

European countries derive more benefits because South Africa buys their goods at a cost higher than it takes them to produce while they buy at the normal cost from South Africa. The <u>trade-off benefits Europe </u>

8 0
3 years ago
Question 3: Economic value-added (EVA) Net operating profit before taxes is $1,800. Total assets (invested capital) are $8,500,
posledela

Answer:

- $454

Explanation:

Net Operating Profit after tax = Net operating profit before tax - tax rate

                                                  = $1,800 - 20%

                                                  = $360

Economic Value Added:

= Net Operating Profit after tax - (Capital Invested × Weighted average cost of capital )

= $360 - [($8,500 - $1,100) × 11%]

= $360 - ($7,400 × 11%)

= $360 - $814

= - $454

7 0
3 years ago
A manufacturing company that has only one product has established the following standards for its variable manufacturing overhea
Butoxors [25]

Answer:

b. $1,144 unfavourable.

Explanation:

The computation of the  variable overhead efficiency variance is shown below:

= (Actual Hours - Standard Hours) × Standard rate per hour

=(1,700  - 8.1 × 200 units) × $14.30

= 80 × $14.30

= $1,144 unfavorable

hence, the variable overhead efficiency variance is $1,144 unfavorable

Therefore the option b is correct

6 0
3 years ago
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