The free-rider problem a<span>rises when people realize they will still receive the benefits of a good whether they pay for it or not.</span>
Answer: D. A = $8560 ,B= $11111 and C= 466$
Explanation:
Country A
Annual GDP = $428 billion
Population = 50 million
Annual GDP per person = $428 billion / 50 million = $8560
Country B
Annual GDP = $20 billion
Population = 18 million
Annual GDP per person = $20 billion / 18 million = $1111
Country C
Annual GDP = $7 billion
Population = 15 million
Annual GDP per person = $7 billion / 15 million = $466.
The correct option is D.
Answer: $81000
Explanation:
The capital account, in international macroeconomics, is a component of the balance of payments which records all transactions made between entities/parties in one country with entities in the rest of the world. These transactions consist of imports and exports of various goods, services, capital, and as transfer payments such as foreign aid and remittances. The balance of payments is composed of a capital account and a current account. Although, a narrower definition breaks down the capital account into a financial account and a capital account.
The capital account in accounting shows the net worth of a business at a certain point in time. It is also known as owner's equity for a sole proprietorship or shareholders' equity for a corporation, and it is reported in the bottom section of the balance sheet.
The capital account balance would be equal to the sum of cash deposit and net income minus drawings made.
Capital account balance= Cash deposit + Net income - Drawings made.
Capital balance= 75000+18000-12000
=93000-12000
=$81000
Therefore,the capital account is $81000.
Answer:
<em>hello your question lacks some vital information hence I will make valid assumptions to aid the solution </em>
answer : $583333.33
Explanation:
22 yrs old
pre tax income = $35,000 per year
savings = $200/month
<u>Determine how much you will need to retire at 67</u>
lets assume : Interest rate = 6% per annum
annual withdrawable amount per year after retirement = $35,000
∴ amount to be saved up by 67 years = 35,000 / 6% = $583333.33
<u>hence amount needed to retire at age 67 </u>
target amount = $583,333.33
interest rate = 6%
number of years = 67 - 22 = 45
savings per year needed = 583,333.33 / 45 = $12962.96
<em>Note : saving $200 per month would not give the required amount needed to retire at age 67 </em>
The required monthly savings = 12962.96 / 12 = $1080.25
Answer:
500 units
Explanation:
The computation of the sales units in volume to achieve the desired profit is shown below:
= (Fixed cost + target profit) ÷ (contribution margin per unit)
= ($3,000 + $500) ÷ ($5 × 60% + $10 × 40%)
= $3,500 ÷ 7
= 500 units
Hence, the sales units in volume to achieve the desired profit is 500 units
The above formula should be applied to determine the sales units
hence, the same would be considered
