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s2008m [1.1K]
3 years ago
6

The United Kingdom experienced average annual real GDP per capita growth of 2.3% between 1982 and 2009. Which of the following h

elped most to contribute to that growth? Privatization of previously nationalized industries Redistributive policies designed to decrease poverty Spending on research and development
Business
1 answer:
Art [367]3 years ago
4 0

Answer:

False, it is not true that France had the highest level of real GDP per capita in 2019. There were other economies which performed better than France.

The correct option is Privatization of previously nationalized industries because Privatization of nationalized bank contributed to UK's growth.

Explanation:

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Suppose that you were born in 2001. Also, suppose that your mother received a $100 baby shower gift at your birth. How much woul
SpyIntel [72]

Answer:

$135.52

Explanation:

Calculation for How much would it cost to buy a similar amount of goods and services in 2016

Using this formula

Cost to buy similar amount of goods and services in 2016=Amount in 2001x (Price level 2016/Price level 2001)

Let plug in the formula

Cost to buy similar amount of goods and services in 2016=$100*(240.0/177.1)

Cost to buy similar amount of goods and services in 2016=$100*1.3552

Cost to buy similar amount of goods and services in 2016=$135.52

Therefore How much would it cost to buy a similar amount of goods and services in 2016 is $135.52

4 0
3 years ago
Consider the following​ statement: ​"The Fed has an easy job. Say it wants to increase real GDP by​ $200 billion. All it has to
Sati [7]

Answer:

The statement is incorrect

Explanation:

As the statement correctly describes, the money supply does not directly affect real GDP, what it affects directly is the interest rate, and the inflation rate, which are monetary variables, while GDP is a variable that measures output.

When the Fed increases the money supply, it may be doing so with the hope of stimulating economic activity, and thus, increasing GDP, but the Fed knows that any effect will be indirect. What will happen under this expansionary monetary policy is that the interest rate will fall, and as it falls, the supply of loans will grow, investment will become cheaper, and more investment means more factors of production, or more productivity, which in turn, increase the real GDP, but as it can be seen, the effect is indirect.

In fact, if the FED goes overboard with increasing the money supply, it may cause high inflation or even hyperinflation, and these events actually lead to less investment, less saving, and less economic activity, resulting in a probable stagnation or contraction of GDP.

4 0
4 years ago
What does the Federal Reserve help regulate?
kirill [66]
The answer is a
hope this helped
4 0
3 years ago
Read 2 more answers
The Nichols Company uses the weighted-average method in its process costing system. The company recorded 29,500 equivalent units
algol [13]

Answer:

A. 23,000 units

Explanation:

The number of units started during November is given by the number of units completed and transferred out during the month (25,000) added to the ending work in process inventory for the month (6,000) and subtracted by the beginning work in process inventory  (8,000):

6,000-8,000+ 25,000 = 23,000

Therefore, the number of units started during November in the department was: A. 23,000 units.

3 0
3 years ago
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What best describes the difference between stocks and bonds
Ber [7]
Stocks pay interest to investors through the year. Bonds only pay interest at fixed time during the year.
7 0
3 years ago
Read 2 more answers
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