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lesantik [10]
3 years ago
5

If a country's GDP is $10 billion and its population is 250,000, what is its per capita GDP?

Business
1 answer:
ruslelena [56]3 years ago
7 0

Answer:

4000

Explanation:

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Under which type of policy does the government reduce its expenditures and increase tax rates? A. contractionary monetary policy
zloy xaker [14]

Answer:

B. contractionary fiscal policy

Explanation:

The government influences economic direction through fiscal policy measures of increasing or decreasing its expenditure and taxation. Therefore, fiscal policies involve the government's actions of adjusting its spending and taxation to achieve desired economic objectives.

Fiscal policies can either be contractionary or expansionary. Contractionary measures are applied to control rising inflation and moderate the rate of growth. These policies aim at reducing liquidity in the market, thereby achieving stable prices. A reduction in government spending and an increase in taxation reduces liquidity or money circulation.

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As the use of the Internet grows around the world, there must be as easy an exchange of ideas and information as possible betwee
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c. societal culture and norms

Explanation:

  • The answer to the question can be understood from the following lines in the paragraph.
  • "Europeans believe it is unethical to invade someone’s privacy. Americans are not nearly as protective of their right to privacy."
  • The ethical factor illustrated by the example in the given paragraph is - Option c. societal culture and norms
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Which social networking service did people from around the world use to participate in the Social Good Summit?
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Mashable

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Mashable is a global, multi-platform media and entertainment company. It is a go-to source for tech, digital culture and entertainment content for its dedicated and influential audience around the globe.

5 0
3 years ago
A company has a beginning retained earnings balance of $100,000. It has net income for the current year of $50,000 and paid $10,
Brut [27]

Answer:

The ending balance of retained earnings for the company $ 140.000

Explanation:

Retained Earnings increase the balance with the Net Income of each year that it's not withdrawalled by the owner or because are not paid dividends, to this case the owner only withdraw $10.000 of $50.000 generated during the year.

4 0
3 years ago
Suppose the government increases spending on public education by $700 million and individual spending on private education drops
stepladder [879]

Suppose the government increases spending on public education by $700 million and individual spending on private education drops by $500 million. this is an example of incomplete crowding out.

<h3>What occurs when government spending rises?</h3>
  • Greater government spending, according to Keynesian economics, improves aggregate demand and consumption, which results in increased production and a quicker exit from recessions.
  • Long-term economic growth is lowered when the size of government is steadily increased.
  • Spending by the government distorts incentives, lowering output and efficiency.
  • These assertions are supported by academic research and supported by relevant economic statistics.

To learn more about recession, refer to the following link:

brainly.com/question/1417711

#SPJ4

6 0
2 years ago
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