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Lelu [443]
3 years ago
8

5. Suppose economies A and B have the same initial level of GDP per capita at $15,000, and each economy begins with a constant g

rowth rate of 1 percent per year. (Neither country has good institutions for economic growth at first.) Then Country A enters an era of political stability, establishes property rights, and installs incentives for entrepreneurship. Country A's economic growth rate consequently improves to 5 percent. Assuming population growth rates remain unaffected, how much longer will it take Country B to double its per capita GDP level compared to Country A? (If your answer is 5 year, please enter 5)
Business
1 answer:
jekas [21]3 years ago
5 0

Answer:

56

Explanation:

The rule of 70 can be used to determine the amount of years it would take the GDP of a country to double given its growth rate

Number o year for GDP to double = 70 / growth rate of country

for country A = 70 / 5 = 14 years

for country B = 70 / 1 = 70 years

70 years - 14 years = 56 years

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Elizabeth is considering how to structure a project team that will not directly disrupt ongoing operations. The project needs to
stich3 [128]

Answer: E. Projectized

Explanation:

Projectized organization is a type of organization in which the project manager is backed up to make decisions that as to do with the project. In such an organization the project manger is at the top rank and every other person in the organization reports directly to the project manager especially when it as to do with a project. Based on the capacity the project manager holds, he can assign or allocate priorities, direct work and resources for a project.

8 0
3 years ago
Eastport Inc. was organized on June 5, 2018. It was authorized to issue 300,000 shares of $10 par common stock and 50,000 shares
exis [7]

Answer:

A) Cash (debit) 180,000; Common stock (credit) 150,000; Additional paid-up capital-common stock (credit) 30,000 - Debit - Credit = 0

B) Cash (debit) 255,000; Preferred stock (credit) 250,000; Additional paid-up capital-preferred stock (credit) 5,000 - Debit - Credit = 0

C) Cash (debit) 900,000; Common stock (credit) 600,000; Additional paid-up capital-common stock (credit) 300,000 - Debit - Credit = 0

Explanation:

In Eastport Inc.´s case all 3 situations are similar, shares (Stockholders´Equity) increased, so credits in 4 accounts, according to the type of shares that are issued, must be registered: Common stock, Preferred stock, Additional paid-up capital-common stock, Additional paid-up capital- preferred stock. We will recognize the par value and stated value of the shares and the difference between this and the price paid by shareholders will be recognized as additional paid-up capital. Also, cash (Asset) is received as payment for the shares so a debit must be registered in the account Cash.

8 0
3 years ago
Read 2 more answers
In the absence of any government regulation on price, if a firm has no power to set price onits own, one can safely conclude
EleoNora [17]

Answer:

B) there are many firms in the industry.

Explanation:

Firms that have no power to set price on its own are known as price takers.

An example of firms that are price takers are perfect competition.

In a perfect competition, there are many buyers and sellers of homogenous goods. Prices are set by the forces of demand and supply.

Because there are many sellers of homogenous goods, sellers cannot influence the price of their product. If they increase the price of their product, the quantity demanded would fall to zero.

I hope my answer helps you.

6 0
3 years ago
How can i prepare database in access
anyanavicka [17]
If you meann microsoft accsess, heres a link to a helpful page! http://www.wikihow.com/Make-a-Database-Using-MS-Access
hope this helps!
7 0
3 years ago
A company using a weighted-criteria evaluation system has established these 5 categories and the appropriate weight in parenthes
Virty [35]

The appropriate “weighted” in the weighted-criteria evaluation system  is derived from the fact that the company will consider particular criteria more important than others and therefore, will give those criteria a higher possible part of the complete score.

The weighted criteria evaluation system is a valuable decision-making technique that is used to analyse program options based on particular evaluation criteria weighted by significance.

By evaluating various options based on their performance with respect to personal criteria, a value for the options can be recognized. The value for each option can be collated to generate a rank order of their performance connected to the criteria as a whole.

To learn more about weighted-criteria evaluation system here

brainly.com/question/14930966

#SPJ4

8 0
2 years ago
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