The higher a country’s gross domestic product (gdp), the more likely it is that the country is wealthy.
<h3>What is gross domestic product?</h3>
Gross domestic product is the total sum of final goods and services produced in an economy within a given period which is usually a year
The economic growth rate which measures wealth is the rate at which the nominal GDP of a country increases with the passage of time.
To learn more about GDP, please check: brainly.com/question/15225458
#SPJ4
Answer:
6%
Explanation:
Given the following :
Amount of bond issued = $10,000,000
Cash paid = $300,000
Term of bond = 10years
Semiannual interest pay
The stated annual rate of interest on the bond can be calculated thus :
Rate of interest ;
Cash paid / Amount of bond issued
$300,000 / $10,000,000
= 0.03
0.03 * 100%
= 3% (semiannual interest)
Therefore, annual rate of interest :
Semiannual rate * 2
3% * 2 = 6%
Answer:
Annual rate 0.017
Explanation:
Computation of the annual rate on the real bond.
Using this formula
Annual rate = Par Zero coupon inflation index/(1+r) ^Numbers of years =Inflation-indexed bond
Let plug in the formula
Annual rate=100 / (1 + r) ^10 = 84.49
Annual rate= (100 / 84.49)^1 /10 − 1
Annual rate=(1.18357)^0.1-1
Annual rate=1.016-1
Annual rate=0.017
Therefore the annual rate of return will be 0.017
The free enterprise system can produce unfavorable effects when they reduce competition and protect inefficient competitors.Also,results are annoying when costs of legal intervention are greater than benefits for the consumers.
I hope it helps.
Thank you
Lower per unit weight shipping rates as shipping weight increases means lower per unit shipping costs as size increases.
Distance to Market: The distance the product travels. Government Regulations: Such as B. Dangerous Goods Requirements, Size Limits or Weight Limits.
More cost-effective than air and sea freight: Trucking is very economical compared to air and sea freight because the associated costs such as fuel and truck maintenance are much lower. Improved accessibility: Road traffic is easily accessible.
Back Haul - The return haul of a freight truck. It may return to the point of origin of the cargo in transit, and the carrier is willing to offer discounts to secure the cargo for the voyage.
Learn more about transport at
brainly.com/question/27667264
#SPJ4
