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3 years ago

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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Which of the following methods is a mathematical technique used for finding the best location for a single distribution point th

trapecia [35]

Answer:

A. center-of-gravity method

Explanation:

The mathematical technique that is being described in the question is called the center-of-gravity method. Like mentioned in the question this is an business technique that is used by businesses in order to find the best possible geographic coordinates for a single distribution point. This location is calculated by considering the Market's surrounding it, Volume of goods shipped, and Shipping Costs.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

3 0

3 years ago

On April 1, Garcia Publishing Company received $33,480 from Otisco, Inc. for 36-month subscriptions to several different magazin

allochka39001 [22]

Answer:

Unearned Fees A/c Dr. $8,370;

Fees Earned A/c Cr. , $8,370.

Explanation:

The amount of $33,480 paid is for 36 months. Subscription per months will be $33,480 divided by 36 months

=$33,480 / 12

=$930

The subscription was paid on April 1st. Between April 1st and December 31st, there were 9 months.

The subscriptions for that year will be

= $930 x 9

=$8,370

The journal entries will be as follow

Unearned Fees A/c Dr. $8,370;

Fees Earned A/c Cr. , $8,370.

3 0

3 years ago

Caitlin, Chris, and Molly are partners and share income and losses in a 3:4:3 ratio. The partnership’s capital balances are Cait

natka813 [3]

Answer:

Pauls' share in partnership=(131000+91000+111000+171000)*0.15%= $75600

Balance in Caitlin’s capital account immediately after Paul’s admission = 131000-(75600-71000)*30%= $129160

6 0

3 years ago

"refer to your way, inc. what type of products is sold at your way?"

hjlf

Your way, inc is a furniture store located in Dallas, Texas, United States, it makes unique and fine pieces of furnitures, they also repair and recover them.

4 0

3 years ago

Kraus Steel Company has two departments, Casting and Rolling. In the Rolling Department, ingots from the Casting Department are

ludmilkaskok [199]

Answer:

The units started and completed is 59,900 tons

Explanation:

The computation of the number of tons started and completed during October is shown below:

Units Completed = Beginning Work in Process Units Completed + Units started and Completed

74,900 units = 15,000 tons + Units started and Completed

So, the units started and completed is

= 74,900 tons - 15,000 tons

= 59,900 tons

Hence, the units started and completed is 59,900 tons

4 0

3 years ago