Per capita means per head or per person.
now, if a country has a small GDP hmmm say for the sake of example, $1000, and it has 1000 residents, then the per capita is $1000/1000 or a buck each.
now, $1000 is a really tiny GDP, but, if the population is say hmm 20 folks only, then the per capita amount is $1000/20, or $50 per person, now, that's a large "per capita" figure, more so than $1 per person, even though the GDP never changed, it was all along $1000.
so, if the population is comparitively small, the per capita is large, I think a good example of that is Switzerland.
sidenote:
bear in mind that per capita figures are very misleading, since you could have a tiny portion of the population making huge amounts and others making little, like in the US, and the per capita is very inaccurate to reflect the economy wealth distribution.
Hi there
The formula is
A=p (1+r)^t
A future value?
P present value 1000
R interest rate 0.07
T time 5 years
So
A=1,000×(1+0.07)^(5)
A=1,402.55
It's a
Hope it helps
I believe the answer is 3 and 3/5
Step-by-step explanation:
-7(y-1)= 21
-7y+7=21
-7y=21-7
-7y=14
divide by-7
y=-2
Answer:
it will take her an hour and 25 minutes roughly
Step-by-step explanation:
