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3 years ago

How can gdp per capita and poverty rates indicate standards of living in each system?

Business

1 answer:

katen-ka-za [31]3 years ago

6 0

Answer:

both measures that can be used to measure standards of living because they are both measures of how much money people have.

Explanation:

I hope this helped

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If one U.S. dollar equals one euro, which of these could result if the euro experiences inflation? E.U. citizens could purchase

NikAS [45]

Answer:

U.S. citizens would purchase more goods from the E.U. for less money

Explanation:

In this scenario $1=€1, and when inflation occurs the purchasing power of the Euro will reduce.

One will need more euros to buy goods, for example if I buy a shirt for €3 the price may now be €5. So more euros are needed to buy the same goods.

Since the dollar did not experience inflation, its purchasing power will remain the same and stronger than the euro.

Thus the dollar will be able to now but more goods compared bro the euro.

4 0

4 years ago

Mr. West wishes to purchase a condominium for $240,000 in cash upon his retirement 10 years from now. How much should he deposit

Oduvanchick [21]

Answer:

He should deposit $1,744.37 at the end of each month.

Explanation:

This can be calculated using the formula for calculating the Future Value (FV) of an Ordinary Annuity as follows:

FV = M * (((1 + r)^n - 1) / r) ................................. (1)

Where,

FV = Future value or the of condominium = $240,000

M = Monthly payment = ?

r = monthly interest rate = 2.7% / 12 = 0.027 / 12 = 0.00225

n = number of months = 10 years * 12 months = 120

Substituting the values into equation (1) and solve for M, we have:

$240,000 = M * (((1 + 0.00225)^120 - 1) / 0.00225)

$240,000 = M * 137.585424499073

M = $240,000 / 137.585424499073

M = $1,744.37

Therefore, he should deposit $1,744.37 at the end of each month.

8 0

3 years ago

The purposes of the statement of cash flows are to A. predict future cash flows. B. evaluate management decisions. C. determine

Temka [501]

Answer:

D. All of the above

Explanation:

A statement of cash flows is also known as cash flow statement and it is a financial statement which is used to illustrate how changes in income and various account of the balance sheet affect cash and cash equivalents.

The statement of cash flows is also used by financial experts or accountants to breakdown the cash-flow analysis into;

1. Cash-flow from operating activities: it represents cash-flow and transactions from operational business activities such as employee salary, sales of goods etc.

2. Cash-flow from investing activities: it represents the cash flow from investment such as proceeds from the sale of plant, equipments etc.

3. Cash-flow from financing activities: it represents the cash flow from debt or equity. Basically, the costs used in a financing a business.

<em>The purposes of the statement of cash flows are to;</em>

A. Predict future cash flows.

B. Evaluate management decisions.

C. Determine ability to pay debts and dividends.

4 0

3 years ago

An improvement made to a machine increased its fair market value & production capacity by 25% without extending the machine'

yulyashka [42]

Answer:

c) capitalize in the machine account

Explanation:

Since it is given that there is an improvement made to a machine due to which it increases the machine fair market value and at the same time it also increases the production capacity of 25% without extending the useful life of the machine

So as the question is talking about the improvement of the machine so the same is to be capitalized in the machine account

Hence, the option c is correct

3 0

3 years ago

Making sure the company has enough production capability to meet demand is an example of what?

Mumz [18]

Answer:

Capacity Planning

Explanation:

Capacity planning is the process that measures the capacity of the production required by an organization in order to meet the demand i.e. changes for their products

So as per the given situation the company that has sufficient capability to meet the demand represent the capacity planning

hence, the capacity planning is the answer

8 0

3 years ago

How can gdp per capita and poverty rates indicate standards of living in each system?​

How can gdp per capita and poverty rates indicate standards of living in each system?