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mixas84 [53]
4 years ago
9

Economists often are interested in percentage change from one period to the next. The percentage rate of change of gross domesti

c product​ (GDP) is an important macroeconomic variable. If in 2010 GDP was​ $11,150 billion​ dollars, and GDP increased to ​$11 comma 78011,780 million in​ 2011, what is the growth rate of the U.S. economy in​ 2011?
Business
1 answer:
Andreyy894 years ago
7 0

Answer:

The growth rate of the U.S economy in 2011 was 5.65%

Explanation:

This is a simple calculation

We use this formula to calculate percent changes from one period to another:

% change = \frac{New Value - Old Vaue}{Old Value} * 100

We have that the GDP for 2010 was $11,150 billion and the GDP in 2011 was $11,780 billions we then apply the formula:

% change = \frac{11,780 - 11,150}{11,150} * 100

% change = \frac{630}{11,150} = 0.056 * 100 = 5.65%

This means that the growth rate of the U.S economy in 2011 was 5.65%

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The secretary of state publishes the ________, which is the source of official notices or rules, meetings, executive orders, and
valkas [14]

Answer:

texas register                            

Explanation:

The Texas Register, distributed regularly, reports state agency policy creating and enforcement acts, assignments of governors, secretary of state decisions, legislation requests, and other sundry records.

Formed via a collaboration with the Secretary of State's Department of Texas, Texas Register Page, this collection offers free exposure for all Texas Register problems from Title 1, No. 1 (January 6, 1976). Towards the moment.The Texas Register's latest specific problem is first listed on a Texas Register Website, whereby they keep access to that of the Texas Register's very recent six (6) months problems.

5 0
3 years ago
As the Product Life Cycle curve approaches the decline state, a company can attempt to jumpstart the curve again by doing which
ExtremeBDS [4]

Answer:

correct answer is a. Find new users and new uses

Explanation:

As Product Life Cycle curve approach decline state

so company jump start by doing Find new users and new uses for the product help to attract the new target market and with the help of new style to product and usages so that it can increase sale and profits

and that company can do by change the element of its marketing mix as some excellent product last long in market that full fill to trends

so here correct option is a. Find new users and new uses

7 0
3 years ago
Marin Corporation issues $520,000 of 9% bonds, due in 10 years, with interest payable semiannually. At the time of issue, the ma
ikadub [295]

Answer:

The issue price of the bond is $ 487,598 as calculated in the attached  

Explanation:

The issue price of the bond is the present value of the future cash flows payable by the bond.The discount factor with which to multiply the future cash flows to arrive at present value is modified by dividing the rate by 2 to show that interest is payable semi-annually and also by multiplying n, the number of years by 2 to indicate that the interest would now be paid at a time that doubles the original time horizon.

The formula for present value in the case is :FV/(1+10%/2)^n*2

In calculating the present of coupon interest received in the first six months,the coupon interest is calculated $520000*9%/2=$23400,then the present of this amount is gotten by multiplying $23400 with (1+10%/2)^1*2

Find detailed computation in the attached.

The par value of $520000 is added to the last interest as it payable then.

Download xlsx
4 0
4 years ago
​(Cash management​) As CFO of Portobello Scuba Diving Inc. you are asked to look into the possibility of adopting a lockbox syst
zheka24 [161]

Answer:

Check the answers below

Explanation:

  • The per instrument cost of the bank is $0.25. Assuming uniform cheque value, the 24 million remittances across 10000 cheque will mean per cheque value of 2400. If this amount can be invested at 8% p.a., then daily investment income will be approx = 2400 * 8% /365 = $ 0.526

  • Now for the company to jus about cover the cost of the cheque processing, the time should reduce by (assuming fractional time in days is possible) 0.25/0.526 = 0.48 days

  • Now if the interest that can be earned reduces to 4%, the average daily interest will also reduce to $0.263. At this level, the time required to cover the cost should reduce by 0.95 days

The difference is simply because the opportunity cost in terms of alternate usage of funds has decreased for the company.

8 0
3 years ago
What was the total manufacturing cost assigned to Job P? (Do not round intermediate calculations.) Total manufacturing cost_____
Nastasia [14]

Answer:

$52,285

Explanation:

The computation of the total manufacturing cost assigned to Job P is shown below:-

Total manufacturing cost = Direct material + Direct labor + Manufacturing overhead applied

= $13,000 + $21,000 + (2,300 × $7.95)

= $13,000 + $21,000 + $18,285

= $52,285

Therefore for computing the total manufacturing cost assigned to Job P we simply applied the above formula.

6 0
3 years ago
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