b. it is easier for a country to grow fast and so catch-up if it starts out relatively poor.
This is because a poor economy has more <u>room to grow</u>. Say the poor country's GDP is 1 million and the rich country's GDP is 100 million If they each made investments that grew their economies by $5 million dollars, that would be a huge increase for the poorer country and barely 5% of the richer country. Developing economies can catch up faster because each little investment makes such a big impact.
Answer:
interperiod
Explanation:
An interperiod tax allocation can be regarded as the temporary difference that exist between effects that a particular tax policy has on the financial reporting of particular business as well as its normal financial reporting set up
by an accounting framework, this accounting framework could be GAAP , IFRS or other body. Instance of this is that Internal Revenue Service could set up a particular depreciation period that should be used for a fixed asset, at the same time internal accounting policies of a business could come up that different number of periods should be used, At this periods of temporary difference is said to be an interperiod tax allocation.
A deferred tax asset can be regarded as item on the balance sheet which is there a results of overpayment or advance payment of taxes. A deferred tax asset could be also be one as a result of differences in tax rules as well as accounting rules
It should be noted that Recognizing deferred tax assets and liabilities is referred to as interperiod tax allocation.
Change in cash flow is classified as either operating, investing and financing
<h3>Cash Flow</h3>
Cash flow is the inflow or outflow of money in an organisation, so basically the organisation takes in money for services rendered and gives out money for payment made.
Learn more about Cash Flow here:
brainly.com/question/735261
Answer:
8.3%
Explanation:
Real risk - free rate of interest ( k* ) = 4%
Inflation for next four ( 4 ) years = 2% per year
Inflation rate after four years = 5%
maturity risk premium = 0.1 ( t - 1 )%
<u>Determine Yield on a 10-year Treasury bond </u>
t = bond's maturity
Yield = Real risk - free rate + maturity risk premium + inflation rate
Inflation rate for 10 years = ( 4 + 30 ) / 10 ) % = 3.4%
Yield = 4% + 0.1(10- 1)% + 3.4
= 4% + 0.9% + 3.4%
= 8.3%