1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Naily [24]
3 years ago
10

Assume that a "leader country" has real GDP per capita of $50,000, whereas a "follower country" has real GDP per capita of $25,0

00. Next suppose that the growth of real GDP per capita falls to zero percent in the leader country and rises to 5 percent in the follower country.?
Business
1 answer:
Julli [10]3 years ago
5 0

Answer:

14 years

Explanation:

Given:

Leader country GDP = $50,000

Follower country GDP = $25,000

Growth rate of follower country = 5%

It is given that growth rate of leader country is "0" So real GDP will be $50,000.

Follower country GDP is half.

So, according to double match formula

Number of years to double = 70 years / rate of growth

Number of years to double = 70 years / 5%

Number of years to double = 14 year

So, In 14 years follower country will catch the GDP of Leader country.

You might be interested in
If a firm's expected growth rate increased then its required rate of return would
boyakko [2]
Possibly increase, possibly decrease, or possibly remain constant.
8 0
2 years ago
Cutting taxes
gladu [14]

Answer:

The answer is D) will raise disposable income and raise spending

Explanation:

When taxes are cut disposable income increases as there is less income used to pay taxes. If there is a higher amount of disposable income available then spending will increase as well as spending appetite.

Cutting taxes is a easy way to stimulate spending in an economy.

The correct answer is therefore D) will raise disposable income and raise spending.

Cutting taxes can also increase aggregate demand which can lead to higher economic growth as well.

8 0
2 years ago
Read 2 more answers
Corporate strategy for a diversified or multi-business enterprise chiefly concerns the development of a strategic vision a set o
harkovskaia [24]

Answer:

Corporate Strategy

Corporate strategy for a diversified or multi-business enterprise:

"concerns strategy initiatives to establish business positions in different industries, whether to hold or divest from existing businesses, strategic actions to boost the combined performance of the set of businesses the company has diversified into, and how to capture cross-business synergies, and then turn them into a competitive advantage."

Explanation:

Corporate strategy is concerned with market growth, stability, and organizational renewal.  The purpose of corporate strategy is to achieve greater profitability, higher market share, and sustainable growth in revenue through product and market diversification. A corporate organization, in trying to grow, engages in business restructuring, establishing strategic partnerships, and achieving organizational excellence.  These activities emanate from corporate strategic planning.

6 0
2 years ago
Unemployment that occurs when worker's skills do not match the jobs that are available.
liberstina [14]

Answer:

b. structural unemployment

5 0
1 year ago
Failing to respond to the needs of internal customers will diminish the confidence these users have in purchasing, and they may
Solnce55 [7]

Answer:

The correct answer is Maverick buying.

Explanation:

Maverick, is a wayward, a dissident, a rebel, someone who refuses to abide by the rules or resists joining a group. The term originates from Samuel A. Maverick (1803-1870), a Texas rancher, who refused to mark his cattle.

The "maverick buying", refers to purchases out of contract or channels established by an organization. For example, the Corporate Supply department negotiates a competitive price for certain particular models of laptops with a distributor. Days later, someone from the Human Resources department requests the purchase of a much more expensive model, for which a discount has not been negotiated.

Another example: traveling in an airline and staying in a hotel other than those with which the company has signed agreements.

The impact of bypassing the preferred purchasing channels and systems can vary from operational inefficiency, to missing out on the advantages of corporate contract negotiation, large fines and even jail time.

4 0
2 years ago
Other questions:
  • Tamarisks Hardware reported cost of goods sold as follows. 2019 2020 Beginning inventory $ 23,000 $ 33,500 Cost of goods purchas
    15·1 answer
  • _______ laws ensure that workers are paid if they are injured on the job.
    8·2 answers
  • The embargo created an artificial drop in the supply of oil. how would a natural shortage differ from an embargo situation
    11·1 answer
  • A for-profit institution that works with large companies and corporations to manage deposits, loans, and investments is known as
    12·2 answers
  • Read the following sources and decide which have characteristics of reliable and unreliable information.
    13·1 answer
  • All the airlines that fly to the island country of Klerwada distribute tourist information pamphlets in their flights. These pam
    6·1 answer
  • Read one article in newspaper, then, explain the specific ideas contained in various
    8·1 answer
  • Runners Feet, a shoe store, orders one hundred pair of athletic shoes from Speedster Inc. Absent a contrary agreement between th
    12·1 answer
  • I Will give brain if u give one to me
    13·1 answer
  • A loan processor who is not required to perform her duties at the direction of or subject to the supervision and instruction of
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!