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nataly862011 [7]
3 years ago
5

If real GDP per capita measured in 2009 dollars was​ $6,000 in 1950 and​ $48,000 in​ 2018, we would say that in​ 2018, the avera

ge American could buy​ ________ times as many goods and services as the average American in 1950.A. ​1/8 times.B. 8 times.C. 4 times.D. 12 times.
Business
1 answer:
babunello [35]3 years ago
4 0

Answer:

The correct answer is (B)

Explanation:

Gross domestic product is the economic value of goods and commodities produced within the country in a specific period. GDP per capita is calculated by dividing GDP by the total number of population.  In 1950 the GDP of American was 6000$, and in 2013 it was 48000$.

6000$ * 8 =48000$

An average American could buy 8 times more than the average American in 1950.

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The income statement of Pratt Inc. reports net sales of $3,749.9 million for the current year. The balance sheet reports account
zaharov [31]

Answer:

the Days sales outstanding is 49 days

Explanation:

The computation of the days sales outstanding is shown below:

Days sales outstanding is

= Average accounts receivable ÷ Credit sales × 365  days

= (($520.2 million + $486.6 million) ÷ 2) ÷ $3,749.9 million × 365  days

= 49 Days

hence, the Days sales outstanding is 49 days

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

And, the same is to be considered

6 0
3 years ago
The cost of making a shirt is half of what the shirt normally sells for. today, however, the shirt is on a 15% discount from its
Stolb23 [73]
Let the cost of the shirt be y and the price by the which the shirt is sold is 2y.

Now, let's calculate how much does 15% represent from the price of the shirt:
15% discount = (15/100) x 2y = 0.3y
Therefore, the shirt is sold for : 2y - 0.3y = 1.7y

This means that at 15% discount, the shirt is sold at 1.7 of its original cost.
7 0
3 years ago
risk is the risk of a decline in a bond's value due to an increase in interest rates. This risk is higher on bonds that have lon
Ipatiy [6.2K]

Answer:

<u>Price</u> risk is the risk of a decline in a bond's value due to an increase in interest rates. This risk is higher on bonds that have long maturities than on bonds that will mature in the near future.

<u>Reinvestment</u> risk is the risk that a decline in interest rates will lead to a decline in income from a bond portfolio. This risk is obviously high on callable bonds. It is also high on short-term bonds because the shorter the bond's maturity, the fewer the years before the relatively high old-coupon bonds will be replaced with new low-coupon issues.

Which type of risk is more relevant to an investor depends on the investor's <u>investment horizon</u>, which is the period of time an investor plans to hold a particular investment.

3 0
4 years ago
<img src="https://tex.z-dn.net/?f=x%20-%208%20%20%3D%205" id="TexFormula1" title="x - 8 = 5" alt="x - 8 = 5" align="absmiddle"
kicyunya [14]
13 because 5+8=13. Your welcome
8 0
3 years ago
Draw a market supply and demand curve representing a state with no restrictions on who can conduct the real estate closing trans
Ronch [10]

Answer:

attached below

Explanation:

Supply and demand curves are used to represent the relationship between the two main forces of the open market ( demand and supply )

with no restriction on who can conduct real estate closing transaction, when the demand curve shifts to the right there will be no change with the supply curve. but the price will move from P1 to P2 and quantity will move from Q1 to Q2.

3 0
3 years ago
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