The money you make before taxes I believe
The GDP in that country change in recent years when the per capita GDP decreased by about 0.5%.
The fall in Gross Domestic Product (GDP) indicates that the economy is shrinking. So if the GDP falls for two quarters in a row, that is known as a recession, which means a pay freezes and because of the lost jobs.
When the population growth is quick, that could cause a fall in real GDP per capita. So, if the real GDP grows, but the population grows at a more rapid rate, then the real GDP per capita will decrease.
Hence, The GDP per capita determines the standard of living in a particular country.
To learn more about GDP here:
brainly.com/question/15682765
#SPJ4
<span>The Center for Food Safety and Applied Nutrition, which is also known as CFSAN, is responsible for overseeing food labeling in the United States. </span>
Answer: The correct answer is c. increase in Discount on Notes Payable for $2,100.
Explanation: 6% of $35,000 for a year is $2,100. From the facts in the question, the Bank deducted the interest in advance, this means the net cash York Construction Company got was $35,000 - 2,100 = $32,900 but note that this does not change the principal amount obligation the Company is obliged to pay the bank, which remains $35,000. What the Company needs to do is to recognize the $35,000 as Notes Payable (Debit Cash and Credit Notes Payable) and recognize a Discount on Notes Payable of $2100 (Debit Discount on Notes Payable and Credit to Cash). Subsequently, based on the 1-year tenor, the Company would unwind the discount to finance charge / interest expense as $2,100 / 12 = $175 monthly (Debit Interest expense; Credit Discount on Notes Payable).
Pure competition or perfect competition is where all firms have full knowledge of what is going on in the market, where there is free flow of information between not only the producers, but also with the consumers.
As such, all firms have no dominant share of market power since each individual firm is able to produce the good of the same quality and quantity (factors of production are fluid, and no costs in transportation in this theory). And at the same time, consumers have full knowledge of the quality of good they are getting and hence no firm will be able to exploit the misinformation of a good for its own profits.
This builds up to the point of a perfectly elastic demand curve, where consumers know what amount and at which price point do they value the product at. And knowing for the fact that small individual firms in a purely competitive firm have no say over prices, they become the price takers for this kind of market. Thus where MB=MC, the equilibrium point is reached and it is also at the socially optimal level since all consumers have full knowledge of the pros and cons of consuming a product (hence no externalities).
Hope this helps!<span />