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Alchen [17]
3 years ago
12

If GDP is expected to increase at a steady rate of 3% per year, how many years would it take for living standards to double

Business
1 answer:
Troyanec [42]3 years ago
5 0

Answer:

24 years

Explanation:

In a situation where a country GDP which is fully known as GROSS DOMESTIC PRODUCT was been expected to increase or grow at a rate of 3% per year or per annual which means that it will actually takes up to 24 years for a country economy living standard to double .

Therefore the numbers of years it would take for a country living standards to double will be 23 years.

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Invoro is a market leader in consumer electronics. If Finolo and Ethver, companies that manufacture televisions, develop the sam
Yanka [14]

Answer:

Invoro will have a resource that is valuable but no longer rare.

Explanation:

Invoro's competitive edge has been duplicated by Finolo and Ethics through their customer knowledge base and products that appeal to customers.

The resource that Invoro has is still valuable and can give the company a good market share, but it is no more rare.

5 0
4 years ago
Coffee Klatch Party Group, a political organization, files a claim to challenge a Delaware statute that limits the liberty of al
inn [45]

Answer:

The correct answer is C. This claim is most likely based on the right to substantive due process.

Explanation:

Substantive due process is a means by which the government's ability to interfere with the fundamental rights of individuals is limited. In this case, the fundamental right violated is that of freedom of expression, guaranteed by the First Amendment. Thus, since it is a right with constitutional protection, the government cannot curtail its operation without the due legal process necessary for this purpose.

6 0
4 years ago
A company is formulating its plans for the coming year, including the preparation of its cash budget. Historically, the company'
Alchen [17]

Answer:

c. $4,025,200

Explanation:

The computation of the total cash receipts from sales and collections in April month is shown below:

= April sales × cash sales percentage + April sales × credit sales percentage × collection month percentage + March sales  credit sales percentage × Following month collection percentage

= $4,000,000 ×30% + $4,000,000 × 70% × 40% + $4,200,000 × 70% × 58%

= $1,200,000 + $1,120,000 + $1,705,200

= $4,025,200

Since cash sales are 30% , so the credit sales would be 70%

3 0
4 years ago
Peterson Photoshop sold $2,700 in gift cards on a special promotion on October 15, 2021, and sold $4,050 in gift cards on anothe
ozzi

Answer:

1650 I think ... I think so maybe

4 0
3 years ago
Without a strong legal systems in a market economy:
STALIN [3.7K]

Answer:

<u>A) private-sector entrepreneurs can expropriate the profits generated by the efforts of private and public entities.</u>

Explanation:

  • As there exist four basic structures of the market economy in the form of perfect competition, imperfect competition, oligopoly, and monopoly.  
  • Thus without any legal system of trade in the market economy, the profits that are generated by the public and private sectors can be taken away by these entities as a large number of small firms tends to compete in the market against each other with there homogenous products.
  • Thus under such circumstances, the market economy would deprive all the profits made by the other forms in the market and put barriers to entry for others. Buyers thus will be deprived of the quality products.
5 0
4 years ago
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