Answer:
The government needs to revamp the Social Security program to make it sustainable.
Explanation:
Normative economics consists in the belief in the normalization of market events through interventions in legislation. Among the options, the only alternative that denotes a normative character is that states that the government needs to renew the Social Security Program to make it sustainable. The other alternatives have more informational character - not normative.
The no. of. years will it take for real gdp per capita to reach $64,000 is 28.8 years.
in step with capita gross domestic product (GDP) is a financial metric that breaks down a country's economic output in step with the person and is calculated by way of dividing the GDP of a country through its populace.
GDP per capita is the sum of gross value delivered with the aid of all resident producers in the financial system plus any product taxes (fewer subsidies) not blanketed inside the valuation of output, divided by means of mid-yr population. boom is calculated from consistent charge GDP statistics in local currency.
As an end result, better gdp per capita is frequently associated with wonderful outcomes in a wide range of areas which include higher fitness, more schooling, and even greater existence satisfaction.
72/2.5 = 28.8 years
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➷ The correct option would be C. influence wielded as a result of expertise, special skill, or knowledge.
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Answer:
Explanation:
Before preparing the retained earning statement, First, we have to compute the ending balance of the retained earning account.
The formula to compute the retained earnings ending balance is shown below:
The ending balance of retained earning = Beginning balance of retained earnings + net income - dividend paid
= $17,200 + $10,400 - $6,000
= $21,600
The ending balance of retained earnings is shown in the attached spreadsheet.
It's supply or demand is not sensitive to price changes