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4 years ago

Identify key components of economic growth

2 answers:

7 0

Economic growth, as measured by GDP, is driven by two components: population growth and labor productivity. Labor productivity reflects the capacity for increased output from the existing quantity of labor in the economy. Various government agencies and independent analysts produce measures of labor productivity.

Lady bird [3.3K]4 years ago

5 0

The key components are labour productivity and population growth as measured by GDP.Labor productivity measures and shows how much an increase in output has resulted from the current quantity of labor in the economy.For population growth,the higher the population,it is taken to mean presence of labor.However this depends on other factors such as total employment and the type of labor force required.

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why did aig get bailed out while lehman brothers did not? group of answer choices it had a stronger balance sheet lehman brother

GarryVolchara [31]

Because all other big financial corporations would have failed due to the prospect of systemic risk, aig received bailout money while Lehman Brothers did not.

The process of raising money or capital for any form of spending is referred to as finance. It involves directing different sources of funding, such as credit, loans, and investment money, to the businesses that can use them most effectively. The definition of finances according to Finance Box is "The money that people, businesses, or national economies earn and spend." Risk is the potential for bad things to happen, to put it simply. Risk refers to uncertainty on how a certain action will affect or have implications for a human value (such as one's health, well-being, wealth, property, or the environment), frequently focused on unfavourable outcomes.

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3 0

1 year ago

An insurance annuity offers to pay you $1,000 per quarter for 20 years. If you want to earn a rate of return of 6.5 percent, com

bekas [8.4K]

Answer:

the amount that willing to pay is $44,591.11

Explanation:

The computation of the amount that willing to pay is as follows:

The Present Value of an Ordinary Annuity is

= Amount × [{1 - (1 ÷ (1 + rate of interest)^n} ÷ rate of interest]

= $1,000 × [{1 - (1 / (1 + 0.065 ÷ 4)^100} ÷ 0.065 ÷ 4]

= $44,591.11

Hence, the amount that willing to pay is $44,591.11

We simply applied the above formula so that the correct value could come

And, the same is to be considered

8 0

3 years ago

You decided to save all of tax refunds next four years. Given your projection of your annual income and effective tax rate, you

Galina-37 [17]

Answer:

Final value= $15,101.13

Explanation:

Giving the following information:

You believe that you will be able to invest $3,000, $3,300, $3,800, and $4,000 next four years. The interest rate is 5%.

To calculate the final value of each deposit we need to use the following formula:

FV= PV*(1+i)^n

Year 1= 3,000*1.05^3= $3,472.88

Year 2= 3,300*1.05^2= 3,638.25

Year 3= 3,800*1.05= 3,990

Year 4= 4,000

Total= $15,101.13

7 0

4 years ago

A waiter fills your water glass with ice water (containing many ice cubes) such that the liquid water is perfectly level with th

Dafna11 [192]

Answer:

As the ice melts and turns into water, the level of the liquid water will lower and it will no longer be perfectly leveled with the rim of the glass. This happens because water has a unique property, its solid state occupies a larger volume than its liquid state, i.e. as waters turns into ice, it expands and occupies more space. Generally, as liquids become solid, they will shrink and occupy less space, but that doesn't happen with water.

Explanation:

3 0

3 years ago

The management of Blue Spruce Corp. asks your help in determining the comparative effects of the FIFO and LIFO inventory cost fl

AlekseyPX

Answer:

Comparative condensed income statements for 2022

LIFO FIFO

Sales 765,000 765,000

Less Cost of Sales (345,400) (327,400)

Gross Profit 419,600 437,600

Less Expenses:

Operating expenses 121,000 121,000

Operating Income before tax 298,600 316,600

Less Income tax (28,608) (88,648)

Operating Income after tax 269,992 227,952

Explanation:

Calculation of Cost of Sales - LIFO

Cost of Sales : 28,000 units×$3.70 = 103,600

57,000 units×$3.40 = 193,800

15,000 units×$3.20 = 48,000

Total =345,400

Calculation of Cost of Sales - FIFO

Cost of Sales : 10,000 units×$3.00 = 30,000

38,000 units×$3.20 = 121,600

52,000 units×$3.40 = 175,800

Total = 327,400

6 0

3 years ago