If the number is 12,759 and they ask to round to the nearest 10,000 then you look at the thousands place (where the 2 is) and is its less than 5 round down and if its more round up. so the answer would be 10,000
Under the rule of 70, if the GDP per capita growth rate in the United States is 2.3%, standards of living double every 70/2.3 = 30.43 years.
<h3>What is Gross Domestic Product (GDP)?</h3>
The term "Gross Domestic Product," or GDP, refers to the total monetary worth of all finished goods and services produced (and marketed) within a nation within a specific time period (typically 1 year).
GDP Growth Rate:
- The GDP growth rate compares the most recent quarter or year to the preceding one and represents the percentage change in real GDP (GDP adjusted for inflation) from one period to the next.
- A positive or negative number may be used (negative growth rate, indicating economic contraction).
GDP per capita:
- By dividing nominal GDP by a nation's entire population, one can get GDP per capita.
- It conveys the nation's average economic output (or income) per person.
- The population figure corresponds to the year's median (or mid-year) population.
The price deflator, a statistical tool, is used to convert nominal GDP to constant prices.
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Answer:
D. $44,580
Explanation:
Here we want to find the yearly value of the compensation package.
To order to do so, we have to add the various terms. We have:
salary per year
Then we have the total cost of a $180-per-
month health insurance plan; since there are 12 months in a year, it is
per year
Then we have the total cost of a $35-per-month life insurance, so the yearly cost is
Therefore, the total compensation package is
So, option D.
Answer:
The correct answer is letter "B": pay less for the security that has higher risk.
Explanation:
While investing, risk is a measure of how an asset can fluctuate providing profits or incurring losses. Risk investment tends to be associated with volatility which is how sensitive the asset is to respond to events that can make the asset price skyrocket or drop sharply.
<em>In case an investor believes his strategy will provide a fair return, he must be considering the net profit (gross profit minus initial investment) will be high enough. Besides the initial investment should have been purchased at the lowest price possible and the asset bought must represent the security with the highest risk at the moment of the purchase.</em>
Answer:
. shows the various amounts of real output that businesses will produce at each price level
Explanation:
Aggregate supply can be regarded as " domestic final supply" in domain of economics, it is the overall supply of services/ goods that is been produced at a particular overall price within an economy at a given period. It should be noted that aggregate supply shows the various amounts of real output that businesses will produce at each price level
