Answer:
The correct answer is option a and option b.
Explanation:
The opening of a new American-owned factory in Algeria would tend to increase Algeria's GDP more than it increases Algeria's GNP.
This is because the GDP of a nation is the value of final goods and services produced in an economy in a year by both domestic citizens as well as foreign residents.
While GNP of a nation does not include the income earned by the foreign residents within the boundaries of a nation. So it is lower than GDP.
Answer:
€2,500 million
Explanation:
Data provided as per the requirement of estimated benefit to the population is here below:-
Benefit of the tariff reduction = €5
Size of population = €500 million
The computation of estimated benefit to the population is shown below:-
Estimated benefit to the population = Benefit from tariff reduction × Size of population
= €5 × €500 million
= €2,500 million
Therefore for computing the estimated benefit to the population we simply applied the above formula.
A public service is something provided by the government or another official entity for the benefit of all members of a society or community, such as health care, transportation, or garbage management.
Any service designed to meet the specific needs of the total population of a community is considered a public service. People who live in a government jurisdiction can access public services directly from public sector organizations or through public financing of private companies or nonprofits (or even as provided by family households, though terminology may differ depending on context). Other public services are provided on behalf of or in the best interests of the citizens of a government. The phrase refers to a social consensus .
Learn more about public service here.
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Answer:
The broker is doing two different jobs; so it is okay to have two different licenses.
Explanation:
In this case, since the broker is doing two different jobs then it is okay for him to have two different licenses. In a hypothetical case that the individual Broker was doing the same job role for two different companies then that would be considered a form of conflict of interest and may cause problems with both firms in the future. Since this is not the case, then he should not have any problem.
Answer:
Interest revenue from the CD 470.04
Explanation:
we will calcualte the future value of the CD and from there calculate the interest:
Principal 2,200.00
time 8.00 (2 years x 4 quarter per year)
rate 0.02450 (9.8% divided by 4 quarter per year)
This divisions and multiplication are done to make time and rate be express i nthe same metric.
Amount 2,670.04
Now, we calculate interest revenue:
Amount - Principal
2,670.04 - 2,200 = 470.04
