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Andrews [41]
3 years ago
6

Country A and Country B both recorded an increase in real GDP of 5 percent per year from 1980 to 2012. During this time, the pop

ulation for Country A grew at 6 percent per year and the population for Country B grew at 4 percent. Which of the following is true during this period?
Business
1 answer:
Murljashka [212]3 years ago
4 0

Answer:

D) per capita GDP decreased for country A only

Explanation:

Per capita GDP is calculated by dividing total GDP by the total population of the country. If the population of the country grows faster than its GDP, then its GDP per capita will decrease.

For example, country A's GDP is $100, and it has 20 citizens, so its GDP per capita for year 1 = $100 / 20 = $5. If the economy grew by 4% and the population grew by 5%, then the GDP per capita on year 2 will = $104 / 21 = $4.95.

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If the Central Bank of Macroland puts an additional 1,000 dollars of currency into the economy, the public deposits all currency
FromTheMoon [43]

Answer:

a. 9,000; 10,000

Explanation:

The computation is shown below:

The money multiplier is

= 1 ÷ 0.10

= 10

Now If $1,000 are deposited in banks and the expected reserve ratio is 0.10 ration so the lending amount is $900.

And now if we considered the money multiplier, so it would be increased by

= $900 × $10

= $9,000

And, the increase in money supply is

= $9,000 + $1,000

= $10,000

Hence, the correct option is a.

4 0
3 years ago
_____ is a problem-solving strategy that involves repeated comparisons between the current state and the goal state. working-bac
irga5000 [103]
<span>means-ends strategy.</span>
8 0
3 years ago
An establishment has three departments with variable costs as a percentage of sales revenue of 30 percent, 40 percent, and 50 pe
zalisa [80]

Answer:

60 percent

Explanation:

Contribution margin refers to the revenue a firm derives after deducting the variable cost it has incurred.

Contribution margin = Sales - Variable costs

Contribution margin or contribution to sales ratio represents the percentage of contribution a firm earns from the sale of it's output.

It is represented mathematically as,

= \frac{Contribution\ margin}{Sales}

Also, contribution margin ratio = 100 - variable cost ratio percentage.

Hence, contribution margin for three departments would be:

A = 100 - 30% = 70%

B = 100 - 40% = 60%

C = 100- 50% = 50%

This represents if sales revenue is 100, contribution margin earned is 70, 60 and 50 under three cases.

Since sales revenue in all three departments is the same, let us assume the sales revenue of a department as y.

\frac{0.70y\ +\ 0.60y\ +\ 0.50y}{3y}    

Thus, weighted average contribution margin would be, 60 percent

7 0
3 years ago
If a firm produces a good and then adds it to its inventory rather than selling it, for the purposes of GDP accounting the firm
fenix001 [56]

Answer:

The statement is true.

Explanation:

Investment expenditure refers to the expenses incurred on account of creating capital assets.

If a good is produced but is left unsold or not used in the production process, then, they result in increased inventory, which is considered as an investment by the firm.

For the purpose of GDP accounting, unsold goods in inventory are treated as purchased by the firm from itself. As such, they form a part of investment expenditure in the accounting period.

8 0
3 years ago
Assume that hiring a manager of operations was a good idea. What leadership style would have been more effective in this positio
blagie [28]

The authoritarian Leadership style would have been more effective in this position.

What is Authoritarian Leadership?

  • An authoritarian leadership style is shown when a leader prescribes policies and procedures, determines what goals must be met, and commands and controls all actions with little meaningful input from subordinates.
  • Such a leader has complete control over the team, allowing for little individuality inside the group.
  • The group is supposed to accomplish the work under very strict supervision, while the leader has limitless authority.
  • The replies of subordinates following directives are either penalized or rewarded.

Assume that hiring a manager of operations was a good idea.

Therefore, the authoritarian Leadership style would have been more effective in this position.

Know more about authoritarian Leadership here:

brainly.com/question/26909351

#SPJ4

7 0
2 years ago
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