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levacccp [35]
3 years ago
15

In 2 to 3 sentences

Business
2 answers:
Vikentia [17]3 years ago
8 0

GDP is the sum of all goods and services produced in an economy. It is the main economic indicator of a nation. Per capita GDP is a social indicator that aims to measure the average income of a nation's population. Per capita GDP calculation consists of simply dividing the GDP value by the total population of a nation.

Per capita GDP indicates the average income of a country, but it is not a good indicator for income distribution. This is because a country may have a high middle income and be very unequal. This will happen if income is concentrated in the hands of a small number of people. This would not be captured by GDP per capita, as this indicator only adds GDP and divides by the total number of people, without any weighting of the distribution of wealth. To determine income distribution, economists use other indicators such as the HDI and the Gini index.

andre [41]3 years ago
3 0
<span>The GDP per capita calculates what theoretically would be the </span><span>share of every individual in the country if the GDP was destributed equally. The economy of course is very different in reality where everyone ends up with a different portion depending on a lot of other factors.

</span>

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. General Motors is considering increasing the length of its bumper-to-bumper warranty on new vehicles from 3 years to 5 years.
Otrada [13]

Answer: the answer is B

Explanation:

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3 years ago
Sale of partnership interestThe partners in the Biz Partnership have agreed that partner Mandy may sell her $100,000 equity in t
ddd [48]

Answer:

Mandy Capital                                                Debit: 100,000

Brittney Capital                                               Credit: 100,000

Explanation:

The journal entry will be recorded as above. Mandy sold equity worth $100,000, so we will record the entry on transfer of equity by the equity value sold. Now, for this equity value both partners can decide the amount in which one will sell to other, which in this scenario is $85,000.

5 0
3 years ago
An individual who wants to earn a living from a new business endeavor has decided to start his business as a not-for-profit orga
skad [1K]

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6 0
2 years ago
If the lowest-paid employee earned $15,000 a year, what would the maximum salary be for the highest-paid manager under the 7-to-
romanna [79]

Under the 7-to-1 rule, the maximum salary that would be paid to the highest-paid manager is $105,000.

Data and Calculations:

Lowest-paid employee's annual earnings =$15,000

Maximum-Minimum Salary Rule = 7-to-1

The maximum salary paid to the highest-paid manager = $105,000 ($15,000 x 7).

Thus, the maximum salary paid to the highest-paid manager under the company's 7-to-1 rule is $105,000.

Learn more: brainly.com/question/3854368

4 0
2 years ago
A friend offers you a ticket to a Chicago Cubs baseball game for $40. You know you can sell the ticket to another friend for $50
olganol [36]

Answer:

$50

Explanation:

Opportunity cost is the cost of the next best option forgone when one alternative is chosen over other alternatives.

If I decide to go to the game, I forgot the opportunity of selling the ticket for $50 which is the next best use of the ticket.

I hope my answer helps you

6 0
3 years ago
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