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natita [175]
3 years ago
13

Pineland and vineland are two nations located in the same region. pineland's real gdp is now growing at a rate of 7% due to aggr

essive government policies while vineland's real gdp is slowly increasing at a rate of 2%. how quickly will it take for pineland's real gdp to double if growth continues at this rate?
Business
1 answer:
Rashid [163]3 years ago
6 0

According to the rule of 70 if a sum of money is invested at a given rate of return, then the approximate number of years after which it will be doubled can be found by dividing 70 with the given rate of return. Thus if real rate of GDP is 7%, then the doubling time of the investment is 70/7 years which is 10 years.

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Peter Metcalf founded Black Diamond which creates, produces, and sells outdoor equipment. This is an example of
Liula [17]

Answer:

manufacturing organization

Explanation:

This is an example of a manufacturing organization. This is an organization that focuses on gathering all of the necessary ingredients, which are then placed in a specific process to which combines them to make a unique product. This product is then sold to other companies or individual customers to generate profit for the company. This is exactly what Black Diamond does in order to produce outdoor equipment.

5 0
3 years ago
When all employees are exceedingly clear about what is expected from them, guidelines for task completion are clear and understo
dalvyx [7]

Answer:

The correct answer is letter "D": autocratic.

Explanation:

Autocratic leadership is characterized by having the leader explain exactly the parameters of how things must be done within an organization, set what objectives the group mus reach, and control every activity without significant influence of the subordinates. Autocratic leaders hardly ever take the subordinates' advice.

7 0
3 years ago
If the minimum wage increased in the city limits of Louisville, but did not increase across the river in Indiana, what effect mi
8_murik_8 [283]

Answer:

PART A

(1) Increase in demand for employment in Louisville than in Indiana.

(2) Migration of workers from Indiana to Louisville.

(3) A higher standard of living in Louisville than in Indiana.

(4) High cost of doing business in Louisville than in Indiana.

PART B

(1) increase in population of workers in Louisville.

(2) Increase in inflation in Louisville

(3) High standard of living in Louisville.

PART C

(1) Migration of the workforce from Indiana

(2) Reduced population of workers in Indiana.

Explanation: Minimum wage is an Economic term used to describe the lowest amount of money below which no worker who is employed within an economy should be paid.This term is usually concerned with those employed in the formal sectors of the economy in both the Private and public sectors, it is usually legally approved.

THE HIGHER THE MINIMUM WAGE IN AN ECONOMY THE HIGHER THE RATE OF MIGRATION FROM OTHER ECONOMIES INTO THE ECONOMY.

7 0
3 years ago
Inventory at the end of the year was inadvertently overstated. Which of the following statements correctly states the effect of
jasenka [17]

Answer:

B net income is overstated, assets are overstated, and stockholders' equity is overstated

Explanation:

The movement in the balance of inventory at the start and end of a period is as a result of sales and purchases. While sales reduces the balance in inventory, purchases increases the balance. This may be expressed mathematically as

Opening balance + purchases - cost of goods sold = closing balance

Hence, where ending inventory balance is overstated, cost of goods sold is understated. When cost of goods sold is understated, gross and net incomes are overstated. Hence owner's equity is overstated and asset overstated.

6 0
3 years ago
On January 1, Parson Freight Company issues 9.0%, 10-year bonds with a par value of $2,900,000. The bonds pay interest semiannua
RUDIKE [14]

Answer:

d)

Dr Cash 2,702,942

Dr Discount on bonds payable 197,058

    Cr Bonds payable 2,900,000

Explanation:

The bonds payable represents the face value of the bonds. On the other side, you have to register the cash that was received, and the difference is the discount on bonds payable. if the bonds are sold at a premium, then the amount of cash would be higher, and the difference between the cash and the bonds payable would equal premium on bonds.

3 0
3 years ago
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