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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A liability is a debt to an oraganization/business. Once the information brings the company down -holds them back- it becomes a liability. It's like if you have an accounts payable your creditors would have full rights to your money upon company liquidation. That means your company will earn less revenue. A liability is something you owe.
Answer: (c) A limited amount of compensatory and punitive damage
Explanation:The civil rights act as enacted in 1964 gave the courts the authority to offer a limited amount of compensation and punitive damage to violations that has to do with malice or reclex indifference by emloyers of labor. The civil Rights act was signed into law by president Lyndon Johnson on July 2,1964.
The civil Rights movement caused as a result of the discrimination of an African-American woman in Montgomery,Alabama. Who refused to go to the back sit of a bus because is a black.
I believe the answer would be C.
Because you are dividing the dining chairs by the number of workers... That would give you the total amount of chairs that each worker assembled. Then you divide that by the 5 days and you would get the number of chairs that each worker assembled each day.
So, the answer would be C
Answer:
Predetermined manufacturing overhead rate= $8.3 per machine hour
Explanation:
Giving the following information:
Total machine-hours 80,000
Total fixed manufacturing overhead cost $416,000
Variable manufacturing overhead per machine-hour $ 3.10
<u>First, we need to calculate the predetermined overhead rate:</u>
Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base
Predetermined manufacturing overhead rate= (416,000/80,000) + 3.1
Predetermined manufacturing overhead rate= $8.3 per machine hour
