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natita [175]
3 years ago
14

The condition of a country's ____ depends on its people's ability to exchange money for goods and services.

Business
2 answers:
Troyanec [42]3 years ago
6 0
<span>The condition of a country's economy </span><span>depends on its people's ability to exchange money for goods and services. </span>
inna [77]3 years ago
3 0

I believe the answer is: Economy

Economic growth in a country is measured with something called GDP (Gross Domestic Product) . GDP is calculated by counting all goods and services that produced by the nations in one year. Assuming that the market is in an equilibrium, the amount of GDP usually really close to people's purchasing power (ability to exchange money for goods and services.)

You might be interested in
Why language is an important of communication tools? <br>​
eimsori [14]

Answer:

Because Language is a communication tool used by everyone in their daily life as a means to convey information and arguments to others. Explanation:

Makes Sense.

7 0
2 years ago
Read 2 more answers
Cindy Medavoy will invest $7,990 a year for 19 years in a fund that will earn 10% annual interest. Click here to view factor tab
Rudik [331]

Answer:

The correct answer for future value if first payment occur today is $449,645.24 and if first payment occur at the end of year is $408,761.13.

Explanation:

According to the scenario, the given data are as follows:

Payment (pmt) = $7,990

Rate of interest (r) = 10%

Time (n) = 19 years

So, we can calculate the future value by using following formula:

Future Value ( if payment occurs today) :

FV = Pmt  (((1+r)^n   - 1) ÷ r) x (1+r)

By putting the value:

= $7,990 ((( 1+ 0.10)^19   -1) ÷ .10) × ( 1 + 0.10)

= $7,990 ( 51.16) × ( 1.10)

= $449,645.24

Future Value ( if payment occurs at the end of year):

FV = Pmt x ((1+r)^n   -1)) ÷ r)

= $7,990 ((1 + 0.10)^19  -1) ÷ 0.10)

= $7,990 × 51.16

= $408,761.13

4 0
3 years ago
The Cromwell Company sold equipment for $35,000. The equipment, which originally cost $120,000 and had an estimated useful life
Alla [95]

Answer:

B

Explanation:

Original Cost -$120,000

Useful life -10 years

Residual Value - $20000

Annual depreciation - $(120,000-20000)/10 = $10,000

Accumulated depreciation for 4 years = 10*4= $40000

Book value at disposal = $120,000-$40000= $80000

Sales value = $35,000

Loss on disposal = $80,000-$35000= $45,000

5 0
3 years ago
HELPPPPPPP
GenaCL600 [577]

The information given regarding the marginal revenue is illustrated below.

<h3>How to illustrate the information?</h3>

Marginal revenue is the increase in revenue that results from the sale of one additional unit of output.

While marginal revenue can remain constant over a certain level of output, it follows from the law of diminishing returns and will slow down when the output level increases.

Here, the price effect dominates the quantity effect so he cannot increase the production from 7 units to 8 units.

Learn more about marginal revenue on:

brainly.com/question/25623677

#SPJ1

3 0
2 years ago
In 1893, a one-million acre area of the grand canyon national forest reserve was home to an estimated 3,000 rocky mountain mule
Sladkaya [172]

Answer:

0.1 / acre or 1 / 10 acres

Explanation:

The density of an animal in a given area is given by the number of animals per unit of area.

In this case, we want to know the density of the mule deer in 1923 (100,000) divided by the total area of the Grand Canyon National forest Reserve (1,000,000 acres).

So, we'll simply divide 100,000 by 1,000,000 to get:

D = 100,000 / 1,000,000 = 0.1

The density of the mule deer within the Grand Canyon National forest Reserve  is of 0.1 / acre or 1 / 10 acres

3 0
3 years ago
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