If an economy's population grows at 3 percent and real gdp grows at 2 percent, then per capita real GDP is declining
<h3>What is
GDP?</h3>
Gross domestic product (GDP) is a monetary measure of the market value of all final products and services produced by countries in a given time period. Because of its complicated and subjective nature, this metric is frequently changed before it can be deemed a valid indicator.
Consumption, investment, government spending, exports, and imports are the components of GDP calculated using the expenditures approach.
Following a 6.9 percent gain in the fourth quarter of 2021, real GDP fell at an annual rate of 1.6 percent in the first quarter of 2022.
GDP is the sum of consumer expenditure (of households, NPISHs, and general government), gross fixed capital formation, inventory changes, and exports of goods and services, less the value of government debt.
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There are different kinds of cases. The answers to the questions are blow.
- Before any court can hear any dispute between Miriam and the trucking company, it must have the jurisdiction to do so.
- In order for Marya to sue the trucking firm, she has to file the lawsuit in a court that also has personal jurisdiction over the <u>Defendant</u>.
- Georgia and Florida have personal jurisdiction over the trucking firm?
Yes, Marya sue the trucking firm in Georgia and Florida state courts.
Miriam would likely NOT want to sue the trucking firm in Georgia because she would need to;
- Get a lawyer in Georgia
- Make multiple trips to Georgia
- Have witnesses travel to Georgia.
Miriam would likely want to sue the trucking firm in Florida because:
1. The court is closer to her home
2. She can better research for local lawyers
- Miriam can sue the trucking firm in a federal trial court because residents of different states.
<h3>What takes place in a court case?</h3>
In a trial done in a court, lawyers often present evidence via witnesses who are known to testify about what they have seen or known.
After all the evidence had been presented, the lawyers will then give their closing arguments and lastly, the jury then decides if the defendant is guilty or not guilty.
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Answer:
Placebo effect
Explanation:
Placebo effect occurs when an individual starts to show positive response to an inactive substance after being told the substance has powers to cure.
The person's mind subconsciously helps him heal or perform better on the false belief that the substance is effective.
In the given scenario Jeanne labelled decaffeinated coffee as caffeinated coffee. On consumption her co-workers claimed that the extra boost of caffeine helped them focus on their work.
This is a placebo effect.
Answer:
The answer is B. corporate bond issued by a computer manufacturer
Explanation:
Capital in business is the money committed to the business by its owner or owners. Capital can also be from a borrowed fund e.g loan
Bond is a long term loan issued to finance a capital project.
Therefore, the corporate bond issued by a computer manufacturer is a capital.
Option A which is a computer programmer is a human asset.
Option C is an inventory (Current assets). This is used to make computer chips.
Option D is an asset
Answer: Please refer to Explanation
Explanation:
1 October 2017
No entry required as contract not yet exercised
31st December 2017
DR Forward Contract (220,000*(0.67-0.66)) $2,200
CR Translation Adjustment $2,200
(To record change in value of forward contract )
31st December 2017
DR Foreign Currency (Kites) (220,000*0.66) $145,200
CR Cash $145,200
(To record purchase of foreign currency)
31st December 2017
DR Cash ( 145,200 + 2,200) $147,400
CR Foreign Currency (Kites) $145,200
CR Forward Contract $2,200
(To record delivery of foreign currency and forward contract execution)
