Answer:
The GDP will grow above or will be greater the $200 billion amount during the 14th year from 2001 which will be 2015.
Explanation:
To calculate the GDP in a particular year after 2001, we know the equation will be,
GDP = 112 * (1+0.043)^t
Where,
If we want to calculate the year in which GDP will be greater than 200 billion, we need to substitute the GDP part in the equation with amount of say 200 billion.
200 = 112 * (1+0.043)^t
200 / 112 = (1.043)^t
1.785714286 = (1.043)^t
Taking log on both sides and dividing the equation for t.
log(1.785714286) / log(1.043) = t
t = 13.772 years rounded off to 14 years
So, the GDP will grow above or will be greater the $200 billion amount during the 14th year from 2001 which will be 2015.
Answer:
Motivating factors, which can be either internal or external to the entrepreneur, classified motivators into four categories: financial rewards (extrinsic rewards), independence/autonomy, personal growth (intrinsic rewards) and family security [4,2]. Motivating factors can also be classified as push or pull factors.
The radical view toward Foreign Direct Investment (FDI) argues that multinational enterprises extract profit from the host country and take them back to their home country.
<u>What is radical view toward FDI</u>
The radical view linked its roots to Marxist political and economic theory. Radical writes debate that multinational companies dominate the host country’s economy and they considered that these companies are an instrument of imperialist domination. They think that these companies take profit from the host countries and don’t provide any benefit to the host countries. They also argue that multinational companies exploit the host countries’ resources and benefits.
Therefore, the radical view toward Foreign Direct Investment (FDI) argues that multinational enterprises extract profit from the host country and take them back from their home country.
You can learn more about FDI at brainly.com/question/14582473
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Here are the answers that would best complete the given statement above. A firm's market offering might include a range of options from PURE TANGIBLE PRODUCTS such as gasoline or toasters at one end to PURE SERVICES <span>such as a haircut or a trip to the dentist. Hope this helps.</span>
Calculation of Total Manufacturing Overhead Costs:
Manufacturing overhead costs are indirect costs incurred in relation to the production.
From the given information manufacturing overhead costs shall include factory Utilities $5,000, Indirect labor $ 25,000, depreciation of production equipment $ 20,000
Hence the Total Manufacturing Overhead Costs shall be (5000+25000+20000)=<u>$50,000</u>
