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3 years ago

7

What invention most helped to make the shift to large plantations throughout the Deep South profitable? the textile mill the mec

hanical reaper the cotton gin the sewing machine

1 answer:

stealth61 [152]3 years ago

6 0

<span>The </span><span>invention that </span><span>most helped to make the shift to large plantations throughout the Deep South profitable was the cotton gin. </span>

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An analyst needs to adjust the nominal GDP for the years 2000 and 2010 into real terms to conclude his comparison analysis. The

valentina_108 [34]

Answer:

The answer is: the real gain in real GDP between 2010 and 2000 is 18.34%

Explanation:

First we have to determine the real GDP using the GDP deflator.

GDP deflator = (nominal GDP / real GDP) x 100

For year 2000:

24 = ($672 billion / real GDP ) x 100

2,400 = $672 billion / real GDP

real GDP = $0.28 billion

For year 2010:

51 = ($1,690 billion / real GDP ) x 100

5,100 = $1,690 billion / real GDP

real GDP = $0.331 billion

To calculate the real gain between real GDP from year 2000 to year 2010, we divide real GDP 2010 over real GDP 2000 and subtract 1:

($0.331 billion / $0.28 billion) -1 = 0.1834 x 100% = 18.34%

5 0

4 years ago

Mention two successful (prominent) entrepreneurs in south Africa

Neko [114]

<span>One of the young and successful entrepreneur Mubarak Muyika of Kenya. AT age 20 years old, he founded Zagace Limited is a software helping companies evaluate their inventory: accounting, payroll, stock management, marketing, etc. Next is Bheki Kunene of South Africa. AT age 27, he founded Mind Trix Media providing jobs and a profit.</span>

5 0

4 years ago

What is the total amount of money a firm receives by selling goods or services called?'?

Arte-miy333 [17]

The total amount of money a firm receives by selling goods or services is called total revenue. Total revenue is defined as the total receipts of sales from any good or service provided. You can find the total revenue of a business by multiplying the price of the good/service by the quantity of goods sold.

8 0

3 years ago

Ayayai Corporation traded a used truck (cost $20,800, accumulated depreciation $18,720) for a small computer with a fair value o

Ierofanga [76]

Answer:

See below.

Explanation:

Journal entries to record the transaction are as follows,

Debit Computer account with $3,432

Debit Accumulated depreciation account with $18,720

Credit Truck account with $20,800

Credit Cash Account with $520

Credit profit on sale of asset with $832

This the journal entry that balances the books by targeting appropriate accounts.

Note that accumulated depreciation account has a credit balance as it is an asset reducing account.

Hope that helps.

3 0

3 years ago

Suppose an economy’s entire output is cars. in year 1, all manufacturers produce cars at $15,000 each; the real gdp is $300,000.

adelina 88 [10]

Formula for the Real GDP:
RGDP = Quantity in the current year x Price of the output in the base year
The base year should be the 1st year:
RGDP 1 = $300,000, P 1 = $15,000
Q 1st = $300,000 : $15,000 = 20 cars
In the 2nd year we also have: Q 2nd = 20,produced at $16,000 each.
The Nominal GDP = 20 x $16,000 = $320,000 ( market value )
But the Real GDP = 20 x $15,000 = $300,000.
Answer: The real GDP in the year 2 is $300,000.

3 0

3 years ago

Read 2 more answers