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Marina86 [1]
2 years ago
5

Suppose the population of country ABC rises from 40 million to 44 million. If the country's Real GDP rises from $825 billion to

$890 billion during this same period, the result is _________________ economic growth.
A. per-capita real economic growth, but not absolute
B. both absolute economic growth and per-capita real
C. absolute economic growth, but not per-capita real
D. neither absolute economic growth nor per-capita real
Business
1 answer:
marshall27 [118]2 years ago
8 0

Answer:

Option (C) is correct.

Explanation:

Given that,

Population rises from 40 million to 44 million

Country's Real GDP rises from $825 billion to $890 billion during this same period.

Therefore,

This country experiencing a absolute economic growth because of the rise in real GDP.

Initial per capita growth:

= Initial Real GDP ÷ Initial Population

= $825 ÷ 40 million

= $20.625

New per capita growth:

= Increased Real GDP ÷ New Population

= $890 ÷ 44 million

= $20.227

Above calculations clearly shows that there is a decline in the per capita growth.

Hence, there is an absolute economic growth but not per-capita real.

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1. How many shares of Apple common stock are issued and outstanding at (a) September 30, 2017, and (b) September 24, 2016? 2. Wh
Nina [5.8K]

Answer:

I got the information from Apple's Form 10-K reported by the SEC.

1. How many shares of Apple common stock are issued and outstanding at (a) September 30, 2017, and (b) September 24, 2016?

2016: 5,470,820  shares

2017: 5,217,242  shares

2. What is the total amount of cash dividends paid to common stockholders for the years ended (a) September 30, 2017, and (b) September 24, 2016?

2016: $12 billion paid in dividends

2017: $12.6 billion paid in dividends

3. Identify basic EPS amounts for fiscal years (a) 2017 and (b) 2016.

2016: $8.35 per share

2017: $9.27 per share

4. Is Apple’s EPS on a favorable or unfavorable trend from 2016 to 2017?

favorable since it increased from $8.35 to $9.27, or 11%

5. If Apple buys back outstanding shares from investors, would you expect EPS to increase or decrease from the buyback?

EPS should increase since the total amount of outstanding shares will decrease. Wen you are calculating a fraction, if the denominator decreases, the value of the fraction increases. Apple has excess cash, so it can afford to buy back shares without affecting its normal operations.

8 0
3 years ago
A price imposed by the government below an equilibrium price is called a ____
ehidna [41]

Answer:

Price ceiling

Explanation:

When the government imposed a price ceiling in a market of goods which means that price set by the government lies below the equilibrium price of an economy. Price ceiling results in a higher demand for the goods because people wants to buy more quantity of goods at a lower price. But supplier of the goods wants to reduce supply as it will become less profitable for the producers to sell the product at a lower price.

6 0
3 years ago
On January 1, 2020, Bonita Corporation purchased 20% of the common stock outstanding of Sandhill Corporation for $265000. During
trapecia [35]

Answer:

The balance of the Stock Investments—Sandhill account on the books of Bonita Corporation at December 31, 2020 is <u>$272,800 (= $265,000 - $8,600 + $16,400)</u>

Explanation:

the journal entries to record the transactions are:

January 1, 2020, Bonita Corporation purchases 20% of Sandhill Corporation

Dr Investment in Sandhill Corporation 265,000

    Cr Cash 265,000

xx, 2020, Sandhill Corporation distributed $43,000 in cash dividends

Dr Cash 8,600

    Cr Investment in Sandhill Corporation 8,600

yy, 2020, Sandhill Corporation reported net income $82,000

Dr Investment in Sandhill Corporation 16,400

    Cr Revenue on investment in Sandhill Corporation 16,400

3 0
3 years ago
Ogilvie Corp. issued 30,000 shares of no-par stock for $40 per share. Ogilvie was authorized to issue 53,000 shares.
Rudik [331]

Answer:

It will increase the assets of the company by 1200000,it will increase the equity of the company by 1200000.

Explanation: A No-par value stock or shares is a share that doesn't have any stated or designated value stated in its certificate.

Assets are value yielding or money making investments or facilities of a business Organisation.

Equity is a term used in accounting and investments to refer to the total value of a company's shares or stock.

THE EFFECTS ON OGILVIE CORP. WILL BE THE WORTH OF THE NO PAR STOCK *NUMBER OF UNITS ISSUED WHICH WILL BE EQUAL TO $40*30,000UNITS OF SHARES

=$1,200000 WORTH OF MONEY TO BE DOCUMENTED IN BOTH THE ASSET AND THE EQUITY OF THE COMPANY.

3 0
3 years ago
The government of Junta took Fuel Safe Corp., a domestic energy firm, into state ownership to save the company from bankruptcy.
Elenna [48]

Answer:

These are the options for the question:

market-based

communist

command

laissez-faire

mixed

And this is the correct answer:

mixed

Explanation:

A mixed economy is an economy that either:

  • Mixes state intervention with a free-market economy.
  • Has some sectors of the economy run in market-based style, and other sectors in a planned-style.
  • Has coexistence of public enterprises and private enterprises.

In the question, we have an example of a mixed economy because in the energy sector (a crucial sector in any economy), there is one public company competing against private companies.

The economy becomes even more mixed when the government lowers the tax rates of the private companies, so that both the public firm and the private firms compete under the same conditions.

8 0
3 years ago
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