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galben [10]
3 years ago
6

Mexico​'s real GDP was 1 comma 761 billion pesos in 2005 and 1 comma 822 billion pesos in 2006. Mexico​'s population growth rate

in 2006 was 1.5 percent. Calculate Mexico​'s economic growth rate and growth rate of real GDP per person in 2006.
Business
2 answers:
enot [183]3 years ago
5 0

Answer:

Growth rate of the Economy = 3.463%

Growth of real GDP per person = 1.963

Explanation:

Okay, so the question says to calculate the economic growth rate for Mexico and the growth rate of real GDP pre person in the year 2006

First step,

We weant to know the Economic Growth Rate

Formula= (GDP in 2006 - GDP in 2005)/ GDP in 2005) x 100

= 1,822 billion - 1,761 billion/ 1,761 billion) x 100

= 3.463%

Step 2:

The Growth of real GDP per person

Formula = Real GDP Growth Rate - Population Growth rate

= 3.463- 1.5

=1.963%

svetoff [14.1K]3 years ago
3 0

Answer:

Economic Growth rate is 3.46%

Growth rate of real GDP per person is 1.96%

Explanation:

According to give data

Mexico​'s real GDP

1,761 billion pesos in 2005

1,822 billion pesos in 2006

Mexico​'s population growth rate in 2006 was 1.5 percent.

As we know

Economic growth rate is the percentage change in real GDP

Economic growth rate = ( 1822 - 1761) / 1761 = 3.46%

Growth rate of real GDP per person = % Change in real GDP - Growth rate of population = 3.46% - 1.5% = 1.96%

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Explanation:

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In the attached picture, Your will see average costs calculated and the inventory values for March 5, 9, 25, and 29.

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The difference between the monthly payment of R and S is equal to $48.53 by following the compound interest formula. Thus, Loan R's monthly loan amount is greater than Loan S.

<h3>What is a Compound interest loan?</h3>

Combined interest (or compound interest) is the loan interest or deposit calculated based on both the original interest and accrued interest from earlier periods.

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\rm\,For\,S =\\\\P=\,\$ 15,925\\r\,= 6.07\%\\T=n= 9\,years\\\\Amount\,paid\,= [P(1+\dfrac{r}{100\times12})^{n\times12} ]\\\\\= [15,925(1+\dfrac{0.0607}{12})^{9\times12} ]\\\\\\= [15,925(1+\dfrac{0.0607}{12})^{108} ]\\\\=[15,925(1.7247.84)} ]\\\\\= \$27,467.19\\\\Total\,monthly\,payment =\dfrac{\rm\,\$\,27,469.19}{108}\\\\= \$ 254.326\\\\

The difference between the monthly payment of R and S is equal to $48.53.

Hence, Loan R's monthly payment is greater than the loan's monthly payment by $48.53

To learn more about Compound interest, refer to the link:

brainly.com/question/14331235

5 0
2 years ago
All competitive advantages do not accrue to large-sized firms. A major advantage of smaller firms are that they ____ (A) have mo
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Answer: All competitive advantages do not accrue to large-sized firms. A major advantage of smaller firms are that they "(B) can launch competitive actions more quickly."

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4 0
3 years ago
Victor Rumsfeld Inc.'s dividend policy is under review by its board. Its projected capital budget is $2,000,000, its target capi
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Answer:

The multiple choices are

a.  $240,000

b. $228,000

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d.$205,770

e. $0

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The funding required from equity is 40% of the projected capital budget of $2000,000 which is expected to be from the profit attributable to stockholders since new issue of shares is not contemplated.

In other words, dividends payable to shareholders is the net income less their counter funding of the project which is computed below:

residual dividends=net income-(equity%*capital outlay)

residual dividends=$300,000-(40%*$2000,000)

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In essence the $300,000 is not even enough as funds expected from equity less alone paying excess as dividend

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3 years ago
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Answer:

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6 0
3 years ago
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