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Aleksandr-060686 [28]
3 years ago
10

If real GDP grew by 6 percent and population grew by 2 percent, then real GDP per person grew by approximately ______ percent.

Business
1 answer:
Novay_Z [31]3 years ago
3 0

Answer:

3%

Explanation:

Real GDP per person is a measure of the economic wellbeing of the populace of a country.

Real GDP per person = Real GDP / population

6% / 2% = 3%

Gross domestic product is the total sum of final goods and services produced in an economy within a given period which is usually a year

GDP calculated using the expenditure approach = Consumption spending by households + Investment spending by businesses + Government spending + Net export

Real GDP is GDP calculated using base year prices. Real GDP has been adjusted for inflation.

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MA_775_DIABLO [31]

Answer:

$418

Explanation:

FV = $400,000. This is the amount you want to have in your retirement account 25 years from now

i/r = 8%/year = 0.67%/month. The interest that the account pays

n = 25 years = 25 x 12 = 300 months

PV = 0

PMT (The amount of monthly deposit required to achieve the target above. This is the missing value we need to calculate)

By using financial calculator, we obtain:

PMT = $418

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natka813 [3]

Answer: A outsourcing

Explanation:

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4 0
3 years ago
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The normal balance of the accumulated depreciation account is a debit. <br> a. true <br> b. false
kramer

Answer: The normal balance of the accumulated depreciation account is a credit balance. Therefor the statement is false.

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Depreciation is recorded in income and expenditure account.  

Learn more about Accumulated  Depreciation

brainly.com/question/1287985  

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