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Leno4ka [110]
3 years ago
10

What is the difference between Singapore's economy and the US's economy

Business
1 answer:
marusya05 [52]3 years ago
4 0

Answer:

I hope this helps.

Singapore today, it is one of the world's fastest-growing economies. Its GDP per capita has risen to an incredible U.S. $60,000, making it one of the strongest economies in the world. With the US the growth in GDP - the value of goods and services in the economy - has generally been strong. The most recent data shows a 3.1% growth for the first quarter of 2019. This is lower than the 2018 peak of 4.2% (second quarter), which has been the highest level achieved during President Trump's administration.

Explanation:

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If the nominal exchange rate between the American dollar and the Canadian dollar is 0.89 Canadian dollars per American​ dollar,
Pie

Answer:C

Explanation: Since you need 2.5 Canadian Dollars, .89 = to 1. Therefore 2.5 times the .89 equals to 2.225, or rounding up to 2.23

6 0
3 years ago
Big Dom’s Pawn Shop charges an interest rate of 27.4 percent per month on loans to its customers. Like all lenders, Big Dom must
Makovka662 [10]

Answer:

Annual percentage rate: 328.8%

effective rate: 1728%

Explanation:

APR: Annual Percentage Rate

as the month is monthly we must multiply by 12 to convert into annual

27.4 x 12 = 328.8%

<u>The effective rate will have into consideration the compounding effect:</u>

(1+r_m)^{12}  = 1 + r_e

(1+0.274)^{12}  -1 = r_e

re = 1728%

3 0
3 years ago
How much resistance is ther in a 12-volt circuit with a 2-amp current
Nataly [62]

GIVEN -> Voltage in circuit = 12 V 
 Current in circuit = 2 A  
To find resistance we will use the well known equation or Ohms Law equation,
 which is; V = IR 
 hence R = V/I
  R = (12 V) / 2 A
  R = 6 ohm 
 therefore, ideally the resistance in the circuit would be equal to 6 ohms.
6 0
3 years ago
The following transactions relate to the General Fund of the City of Buffalo Falls for the year ended December 31, 2020:
steposvetlana [31]

Answer:

Please see attached for the detailed solution.

Explanation:

a. Prepare Journal

b. Prepare statement

c. Prepare balance sheet

Please find attached solution to the above questions.

3 0
3 years ago
What are the supply shifters?
vodka [1.7K]

Answer:

All factors influencing supply other than price of the commodity.

Explanation:

Supply shifters are all factors influencing supply (other than price of the commodity) such as relative price, level of technology, cost of production, weather, future price expectations, number of producers, natural disasters, government policy and aims of the producer. These factors can shift supply either to the left or right.

8 0
3 years ago
Read 2 more answers
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