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soldi70 [24.7K]
4 years ago
8

eal per capita GDP in Singapore in 1961 was about $450, but it doubled to about $900.00 by 1978. a. What was the average annual

economic growth rate in Singapore over the 17.00 years from 1961 to 1978
Business
1 answer:
Rus_ich [418]4 years ago
3 0

Answer:

The answer is 4.16%

Explanation:

Per capita GDP is the average income earned per person in a given country during a given period of time usually a year.

Per capita GDP in Singapore in 1961 equals $450

Per capita GDP in Singapore in 1978 equals $900

Difference between 1978 and 1961 is 17 years.

The formula for economic growth rate is;

[(End value/beginning value)^1)/17] - 1

[($900/$450)^1/17] - 1

1.041613 - 1

0.0416

Expressed as a percentage:

4.16%

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mcgraw hill A(n) ______ can help employees feel that they are doing something worthwhile and are part of something important and
svlad2 [7]

Answer:

<em>A(n) </em><em><u>aspirational</u></em><em><u> </u></em><em><u>vision</u></em><em> can help employees feel that they are doing something worthwhile and are part of something important and meaningful</em>

Explanation:

<em>What</em><em> is</em><em> </em><em>aspirational</em><em> vision</em><em>?</em>

<em>Vision Statement</em><em>.</em><em> </em><em>An </em><em>organization</em><em> </em><em>would </em><em>like </em><em>to </em><em>achieve</em><em> </em><em>or </em><em>accomplished</em><em> </em><em>in </em><em>the </em><em>mid</em><em>-</em><em>term </em><em>or </em><em>long </em><em>term</em><em> </em><em>future</em><em>.</em><em> </em><em>It </em><em>is </em><em>in</em><em>t</em><em>e</em><em>nded</em><em> </em><em>to </em><em>serves </em><em>as </em><em>as </em><em>clear </em><em>guide </em><em>for </em><em>choosing</em><em> </em><em>current</em><em> </em><em>and </em><em>future</em><em> </em><em>courses </em><em>of </em><em>action.</em>

6 0
3 years ago
Refer to the accompanying balance sheet for the First National Bank. Assume the reserve ratio is 15 percent. If a check for $20,
Arlecino [84]
The answer is b $15,000
7 0
3 years ago
The Ziltech Consulting Group reported net income of $1,000,000 for its fiscal year ended December 31, 2021. In addition, during
grigory [225]

Answer:

$1,240,000

Explanation:

Given that,

Net income = $1,000,000

Pretax foreign currency translation adjustment = $400,000

Unrealized pretax loss on debt securities = $80,000

Effective tax rate = 25%

Total other comprehensive income:

= Foreign currency translation adjustment - Loss on debt securities

= [$400,000 × (1 - 25%)] - [$80,000 × (1 - 25%)]

= ($400,000 × 0.75) - ($80,000 × 0.75)

= $300,000 - $60,000

= $240,000

Comprehensive income:

= Net income + Total other comprehensive income

= $1,000,000 + $240,000

= $1,240,000

7 0
3 years ago
In the circular flow of income A. households buy goods and services and firms supply goods. Resources are supplied by other firm
Alla [95]

Answer:

D. households demand goods and services that are supplied by​ firms, while supplying resources that are demanded by firms.

Explanation:

The circular flow of income shows how money moves in an economy. Firms pay households for resources needed in production. The money flows back to firms when households demands goods and services from firms.

I hope my answer helps you

8 0
4 years ago
In 2013, there were approximately 155 million people in the labor force and the unemployment rate was 7.4 percent. If the unempl
Marianna [84]

Answer:

(a) 3.7

(b) 3.7

Explanation:

The unemployment rate is calculated as the ration of unemployed workers over the labor force. The labor force is the total number of employed plus unemployed workers:

Unemployment\,Rate=\frac{Unemployed\,Workers}{Labor\,Force}=\frac{Unemployed\,Workers}{Employed\,Workers+Unemployed\,Workers}

Then if there were 155 million people in the labor force and 7.4% where unemployed that means that 11.47 million people where unemployed

0.074=\frac{Unemployed\,Workers}{155}

Unemployed\,Workers=0.074*155=11.47

If unemployment rate would have been 5% we have

Unemployed\,Workers=0.05*155=7.75

That means that 3.72 million fewer unemployed workers. Since Labor Force is the sum of unemployed and employed workers. The reduction in unemployment implies that they were now employed .

5 0
4 years ago
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