Answer:
a. Merina's captal is $160,000. Half would be $80,000.
Entry;
DR Merina, Capital ..................................................................$80,000
CR Wayne, Capital ....................................................................................$80,000
(To record purchase of half of Merina Capital)
b.
DR Cash......................................................................$180,000
CR Wayne, Capital.........................................................................$180,000
(To record Wayne investment)
<u>Working</u>
The current Capital amount is;
= 200,000 +160,000
= $360,000
If Wayne joins and adds to this such that he owns 1/3 then;
2/3x = 360,000
x = 360,000/2/3
x = $540,000
Wayne's share would be;
= 1/3 * 540,000
= $180,000
Answer: Real GDP = 5.2182% = 5.22%
Explanation:
Real GDP calculates the increase in goods and services holding the impact of prices constant. Real GDP adjusts the impact of inflation of Prices in order to calculates the change in Goods and services over a given period. Since GDP is also referred to as National Income we can say Real GDP measures the increase in National Income excluding the impact of inflation.
Real GDP Per Capita than Takes into account the number of people in the Economy (Population). Real GDP per capita is calculated by Dividing Real GDP by the number of people in the country or by a county's population.This tells us that Real GDP per Capita measures the amount of National Income (excluding the Impact of inflation) per person.
We also can define Real GDP Per capita as the average number of Goods and services each person in the economy would receive if all goods and services produced in the economy were distributed to each and every person in the country.
A country has a 2.34% population growth and targets a Real GDP per Capita of 2.23% per year.
We know That Real GDP per Capita is calculated by Dividing Real GDP by number or people in the country (Population). Therefore we have the following equation; Real GDP /Population = Real GDP per Capita
Real GDP/2.34% = 2.23%
by cross multiplying this equation we get
Real GDP = 2.34% x 2.23%
Real GDP = 5.2182% = 5.22% (rounded off to two decimals)
Real GDP would need to grow by 5.22% in order to achieve a target or Real GDP per capita growth of 2.23% per year
Answer:
Explanation:
a. Parties who legally own the company
The kind of corporation that is owned by the shareholders is a stock insurer. While when policy holders elect board of directors then that is call a mutual insurer. This board of director enjoys control over the management control of the corporation.
b. Right to assess policyholders additional premiums
An asses sable policy can not be issued by the stock insurers, however policy of such kind can be issued by the mutual insurer. For mutual insurer, this policy depends on what kind of insurer is in place.
c. Right of policyholders to elect the board of directors
For stock insurer, its is the stockholders who elect the board of directors. While for mutual insurer, its the owners who elect the board of directors who have an effective control over the management.
Answer:
The correct answer is: increase; rise; more; lower; option d.
Explanation:
An expansionary monetary policy leads to an increase in the money supply. This further causes the demand for goods and services increase. A rightward shift in the aggregate demand curve causes the price level to rise.
At a higher price level, the firms will produce more goods and services. To increase output, they will need more inputs. As a result, the rate of unemployment will decrease.
We see that there is a trade-off between inflation and unemployment. At lower inflation, the rate of unemployment will be higher and vice versa.