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Mrrafil [7]
3 years ago
12

Between 2015 and 2016, the country of North Grogolia experienced a growth rate of -1.4%. If nominal GDP had increased by 3.1% an

d the population growth was recorded at 0.7%, then calculate the annual inflation rate in North Grogolia. Give your answer to one decimal.
Business
1 answer:
Aloiza [94]3 years ago
3 0

Answer: 3.8%

Explanation:

To calculate this you can use the Economic Growth Formula because price change is one of the components of the equation and as you may know, inflation is the change in Prices from one period to the next.

The Equation is,

Economic Growth = % Δ Nominal GDP – % Δ Prices – % Δ Population.

Making % Δ Prices the subject gives,

% Δ Prices = - Economic growth + % Δ Nominal GDP - % Δ Population

= - (- 1.4%) + 3.1% - 0.7%

= 1.4% + 3.1% - 0.7%

= 3.8%

The inflation rate is therefore 3.8%

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Fob destination means that goods are owned by the buyer as soon as ______.
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FOB Destination describe goods whose risk will be catered by Seller until being delivered to the buyer.

FOB Destination is an acronym for "Freight on Board" Destination

  • The FOB Destination is a <em>marine term</em> used to describes that legal title of goods belongs to the Seller until they are delivered to buyer.

  • In other word, its means that seller of a product owns the risk of loss on a goods until its is delivered to the buyer.

In conclusion, the term states that the goods are owned by the buyer as soon as it is not delivered to the buyer.

Read more on FOB Destination here

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3 0
2 years ago
Sammie is planning a persuasive request. What advice should she follow for the opening of her request? a. Capture the reader's a
Andrei [34K]

Answer:

a. Capture the reader's attention and interest.

Explanation:

To be able to make a request to someone persuasively, , it is very pertinent to lead the person to a point where such person can listen to you. This can only work in a context where you are very efficient in using story telling and other means of interaction that are capable of winning the persona interest and loyalty. Otherwise, you cannot have the person respond to your request.

4 0
3 years ago
What general conclusions can be drawn about Eli’s situation? Check all that apply.
Alex777 [14]

Answer:

He may still be covered in some cases.

He faces more risk than insured people do.

He may have to take precautions but many factors are beyond his control.

Not being able to afford insurance was a factor in him not being covered.

Explanation:

I got it correct

7 0
3 years ago
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Banc Corp. Trust is considering either a bankwide overhead rate or department overhead rates to allocate $396,000 of indirect co
Viktor [21]

Answer:

(A) $144,000.

Explanation:

For computing the indirect costs allocated to the Commercial Department first we have to compute the per unit cost which is shown below:

Per unit cost = (Allocated department overhead indirect cost) ÷ (total number of direct labor hours)

=  $396,000 ÷ 22,000

= $18

The total number of direct labor hours = Consumer + commercial

                                                                = 14,000 + 8,000

                                                                = 22,000

Now the indirect cost equal to

= Per unit cost × Commercial direct labor hours

= $18 × 8,000

= $144,000

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3 years ago
One reason to buy a home instead of rent a home is
EleoNora [17]
A home you can live in it longer than when you rent a home.
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