Answer:
real GDP plus national output.
Explanation:
- The economic growth is the growth of the market values of the goods and the services that are produced by an economy over the time and is measured in terms of a percentage rate of the growth in the real GDP.
- And increase with the inflation-adjusted market values in the inflation-adjusted terms and some to measured with an annual percentage it has the advantage and the drawback of the measure.
Answer:
Instructions are listed below
Explanation:
Price elasticity of demand is an economic measure of the change in the quantity demanded or purchased of a product to its price change. If the quantity demanded of a product exhibits a large change in response to changes in its price, it is termed "elastic," that is, quantity stretched far from its prior point. If the quantity purchased has a small change in response to its price, it is termed "inelastic", or quantity didn't stretch much from its prior point.
Price Elasticity of Demand = % Change in Quantity Demanded / % Change in Price
A) PED= [(Q2-Q1)/Q1]/[(P2-P1)/P1]
PED= [(1.5-1)/1]/[(60000-100000)/100000]= 1.25
B) PED= [(1-1.5)/1.5]/[(100000-60000)/60000]= 0.5
C)Midpoint formula:
PED= {(Q2-Q1)/[(Q2+Q1)/2]}/{(P2-P1)/[P2+P1)/2]}
PED= {(60000-100000)/[(60000+100000)/2]}/{(1-1.5)/[1+1.5)/2]}
PED=0.5/0.4= 1.25
D) Midpoint formula:
PED= {(Q2-Q1)/[(Q2+Q1)/2]}/{(P2-P1)/[P2+P1)/2]}
PED= {(100000-60000)/[(100000+60000)/2]}/{(1.5-1)/[1.5+1)/2]}
PED= 0.5/0.4= 1.25
Since you gave no table,
her federal income in 14 % Rate = 14 % x 2,100
= $ 294
Her federal tax in 16 % Rate = 16 % x 2,100
= $ 336
The Internal auditor is the person who reviews the operating and accounting control procedures adopted by management to make sure the controls are adequate.
Internal audit within the company is not only done to review operating and accounting control procedures but to recommend ways that will further operation and accounting control within the company.