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MAVERICK [17]
3 years ago
12

If real GDP per capita measured in 2009 dollars was​ $6,000 in 1950 and​ $48,000 in​ 2018, we would say that in​ 2018, the avera

ge American could buy​ ________ times as many goods and services as the average American in 1950.
Business
1 answer:
julia-pushkina [17]3 years ago
7 0

Answer:

8

Explanation:

Gross domestic product is the market of all the goods and services produced and rendered during a specific period of time. GDP can be expressed in real value or nominal value .Real GDP does not include the inflation effect but the nominal GDP included the inflation effect on the value of product and services.

According to given data in the question

Real GDP per capita in 1950 = $6,000

Real GDP per capita in 2009 = $48,000

Increase in time = Real GDP per capita in 2009 / Real GDP per capita in 1950 = $48,000 / $6,000 = 8 times

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Few restaurant management students opt for ____________________management, believing it lacks the variety, glamour and opportuni
sammy [17]

Answer: Quick service

Explanation:

  According to the given question, the few restaurants student opting quick service management is the process of lack of varieties, opportunities and the glamour.

The Quick service is one of the disadvantage method using in the management as it contain the fast serving of the food and lack of the various types of variety in the food menu.

We are not able to manage all the stuff in order to satisfying the customer requirement and also lacks the opportunities for the self expression. Therefore, Quick service is the correct answer.  

4 0
2 years ago
Bonds are
Alexxx [7]

Considering the available options, Bonds are a "<u>store of value, but not a medium of exchange."</u>

<h3>What are Bonds?</h3>

Bonds is a term or entity in the financial world to describe a form of fixed-income security that has its terms stipulated in an indenture or legal contract.

<h3>Medium of Exchange</h3>

On the other medium of exchange is an entity used in a transaction to exchange goods or services.

In modern times, the medium of exchange is currency or money.

Hence, in this case, it is concluded that the correct answer is option B. "<u>store of value, but not a medium of exchange."</u>

Learn more about Bonds here: brainly.com/question/25425872

4 0
2 years ago
A finance lease agreement calls for quarterly lease payments of $4,625 over a 15-year lease term, with the first payment on July
love history [14]

Answer:

The Lease amortization schedule is attached in pdf format with this answer please find.

Explanation:

Lease payments, includes the payment of interest and principal as well. The interest is calculated for the period opening balance of lease and the residual amount of lease payment and interest is settled against the lease amount.

Download pdf
3 0
3 years ago
Biarritz Corp. is growing quickly. Dividends are expected to grow at a rate of 25 percent for the next three years, with the gro
mel-nik [20]

Answer:

The current share price is $82.85

Explanation:

D1 = (2.85*1.25)

    = 3.56

D2 = (3.56*1.25)

     = 4.45

D3 = (4.45*1.25)

     = 5.566

Value after year 3 = (D3*Growth rate)/(Required rate - Growth rate)

                              = (5.566*1.045)/(0.105 - 0.045)

                               = $96.95  

current price = Future dividend and value*Present value of discounting factor  

= 3.56/1.105 + 4.45/1.105^2 +5.566/1.105^3 + $96.95/1.105^3

= $82.85

Therefore, The current share price is $82.85

3 0
2 years ago
Consider a game with two players who cannot​ communicate, and in which each player is asked a question. The players can either a
AveGali [126]

Answer:

Each player can adopt a T for T strategy or a trigg er strategy. It is important to state that these strategies were not possible in a one-time game.

The equilibrium is that both players answer honest and each makes normal profit.

Both games, the P risoners' dilemma and this game, have a cooperative equilibrium in the long term. If a player employs a trig ger strategy or a T for T strategy, they can reach the cooperative honesty/honesty outcome.

In a short term, game equilibrium is not likely due to lying is more profitable than answer honestly deploying stated strategies.

Reference: NomCab HSEONE.  “PS8- solution.” Academia , 2019.

6 0
3 years ago
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