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Brums [2.3K]
3 years ago
13

The following table reports real income per person for several different economies in the years 1960 and 2010. It also gives eac

h economy's average annual growth rate during this period. For example, real income per person in Zambia was $1,412 in 1960, and it actually declined to $1,309 by 2010. Zambia's average annual growth rate during this period was -0.15%, and it was the poorest economy in the table in the year 2010. The real income-per-person figures are denominated in U.S. dollars with a base year of 2005. The following exercises will help you to understand the different growth experiences of these economies.
Economy Real Income per Person in 1960 (Dollars) Real Income per Person in 2010 (Dollars) Annual Growth Rate (Percent)
Austria 9,773 35,031 2.59
Venezuela 7,307 9,762 0.58
Botswana 468 9,515 6.21
Malaysia 4,624 11,863 4.06
Honduras 1,932 3,146 0.98
Zambia 1,412 1,309 -0.15

Indicate which economy satisfies each of the following statements.

a. This economy experiences the fastest rate of growth in real income per person from 1960 to 2010.
b. This economy had the highest level of real income per person in the year 2010.
Business
1 answer:
Mashcka [7]3 years ago
4 0

Answer:

  • a. Botswana
  • b. Austria

Explanation:

Botswana had the fastest growth in real income per person from 1960 to 2010 with an annual growth rate of 6.21%. This is most likely down to the discovery of diamonds in the country towards the end of the 20th century.

In 2010, Austria had the highest real income per person with an income of $35,031. This is most likely due to the fact that Austria has a heavy presence in the service industry and a low population of less than 10 million people.

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Are starting points for Internet exploring and are interested in channeling surfers to particular sites, especially commercial o
Firdavs [7]

Answer:

<u>Portals.</u>

Explanation:

A portal is defined as an internet site whose purpose is to cluster and make available diverse content from various sources, and acts as an access point for various websites.

In order to function effectively a portal must be designed to withstand the large amount of user access, so that it works properly without slow system and damage to users. As a portal is a channel especially for commercial websites, it is imperative that the team of contributors who feed the portal have access to the large amount of structured and unstructured information, so that there is better organization and search accuracy and prevention of misfortune, such as failures on commercial sites such as a paid purchase that is not registered and ends up lost or a customer unable to access the site information screen.

8 0
3 years ago
A working group convened by NASAA has developed a model fee disclosure schedule to help investors better understand the costs in
WARRIOR [948]

Answer:

Correct Answer:

C) issuance of a stock certificate

Explanation:

In the model developed by group working for NASAA which was to disclose model fee and cost involved in doing business with them, it would disclose all associated cost involved. <em>The only thing it would not disclose would be regards to stock certificate issuance since it falls outside their perview.</em>

7 0
3 years ago
Aaron Corporation, which has only one product, has provided the following data concerning its most recent month of operations: S
Y_Kistochka [10]

Answer:

Product cost= $75

Explanation:

Giving the following information:

Variable costs per unit:

Direct materials $17

Direct labor $47

Variable manufacturing overhead $11

Under the variable costing method, the unitary product cost is calculated using the direct material, direct labor, and unitary variable overhead:

Product cost= 17 + 47 + 11= $75

6 0
3 years ago
A clause which provides for deeds to portions of land to be conveyed as certain percentages of the contract price are paid, is :
Sedaia [141]

Answer: partial release clause

Explanation:

The partial release clause is regarded as a clause which provides for deeds to portions of land to be conveyed as certain percentages of the contract price are paid.

The partial release clause simply states that when the balance on a mortgage has been paid to a particular amount, the lenders will have to release a parcel.

4 0
3 years ago
You short-sell 200 shares of Tuckerton Trading Co., now selling for $50 per share. What is your maximum possible loss
pentagon [3]

Answer:

Unlimited

Explanation:

GIven that:

You short-sell 200 shares of Tuckerton Trading Co

now selling for $50 per share.

If a short-sell occurs on a trade, the lower the share price, the higher the profit your are liable to achieve but if short-sell occurs and the share price is higher, then the  more loss you're going to accumulate.

From the question, the lowest possible share price is zero and the highest possible share price is infinity since there is no stop loss.

∴

The maximum possible loss = 200 × 50( 1 - infinity share price)

= Unlimited loss

5 0
3 years ago
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