Over the year in question, real GDP per person in Mainland grew by 2 percent, which is about the same as average U.S. growth over the last one-hundred years.
Real GDP per person is used to determine the standard of living of a population. The higher the real GDP person, the higher the standard of living.
Gross domestic product is the total sum of goods produced in an economy over a period of time.
Real GDP is GDP that has been adjusted for inflation.
The first step is to determine the real GDP per capita in both years
2009 : 210,000 / 7,300 = 30
2010 : 223,380 / 7,300 = 30.60
Growth rate of GDP = (30.6 / 30 - 1) = 2%
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Considering the impact of inflation, why is investing important?
Answer: An economic concept, the rate of inflation is important as it represents the rate at which the real value of an investment is eroded and the loss in spending or purchasing power over time. Inflation also tells investors exactly how much of a return (in percentage terms) their investments need to make for them to maintain their standard of living.
Explanation:
what are two key characteristics of the growth stage of the product life cycle?
The two key characteristics of the growth stage of the product life cycle are "sales volume improves considerably, and profit begins to increase."
The growth stage of a product is when the product is "getting accepted among consumers widely, and the customer line is getting created.
During this period, the sales of the product increased, but there is still room for maturity.
At the same time, the product begins to yield profits for the owners due to a reduction in the cost of production and more sales.
Hence, in this case, it is concluded that the growth stage in a product life cycle is one of the stages entrepreneurs need to watch out for.
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the u.s. unemployment rate moves up and down as the economy moves in and out of recessions. but over time, the unemployment rate seems to return to a range of ____________.
Answer:
A natural range of unemployment.
terrence’s team is very close and tends to agree on most decisions with little discussion. terrence should be concerned about
Answer:groupthink
Explanation:
Groupthink
Terrence should be concerned about groupthink.
Groupthink refers to the common opinion or group consensus suppresses people's ability to provide alternative solutions to the problem as a result all the members of the group agree on the same conclusion. The desire to promote group cohesion and deduction of common conclusion to a problem negatively affects the promotion of thinking abilities, good decision making abilities, and problem solving abilities of group mates. When a team mates derive a common conclusion without an elaborate discussion or with a little discussion. It is indicative of problem of groupthink.Hence, Terrence should be concerned about groupthink as the team agree on most decisions with little discussion.
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Roderick possesses five hundred acres of forested property. Roderick has the right to use the land, including cutting its timber, for life. Roderick also has the right to lease the land for a period not to exceed his life. This ownership interest is:____.
a. an easement.
b. a leasehold estate.
c. a life estate.
d. a fee simple absolute.
Kelsey and Ed buy a duplex in Wells, Maine. On the death of either owner, that owner's interest in the duplex passes to his or her heirs. This is:___.
A. a joint tenancy.
B. a life estate.
C. a tenancy in common.
For the first question, Roderick possesses the forested property and he has the right to lease the land for a period not to exceed his life is a life estate. For the first question, Option C is correct.
Life Estate is correct because life estate makes the owner of the land have full authority over the land. This authority is valid once the owner is still alive. When the owner is no longer alive, that authority no longer holds as the ownership of the land is automatically transferred to the beneficiary who now has the authority over the land. As described in the question above, Roderick also has the right to lease the land for a period not to exceed his life.
Easement, on the other hand, can be indefinite, or for a fixed time as it grants the holder the right to use or restrict the use of another person's land.
Leasehold estate gives authority to someone that rents the land. This authority lasts for a period of time under an agreement with the owner of such land.
Fee simple absolute also gives the owner full authority over the land and this authority doesn't change like life estate.
For the second question, Kelsey and Ed buy a duplex in Wells, Maine. On the death of either owner, that owner's interest in the duplex passes to his or her heirs. This is " tenancy in common". Option C is the right answer.
Tenancy in common is the right answer as it allows the duplex to be passed to either Kelsey or Ed heirs after their death based on their wishes.
This is a feature of tenancy in common as the duplex is passed on in accordance with the wishes of the deceased’s will and not to the other joint owners.
While in a joint tenancy, when either Kelsey or Ed, dies the duplex will totally be transferred to the surviving tenant.
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What is GDP? What is the current GDP of the United States? What is the current GDP of China? When do you think China will surpass the US in GDP or will they ever?
Answer:
1. The GDP is the total of all value added created in an economy. The value added means the value of goods and services that have been produced minus the value of the goods and services needed to produce them, the so called intermediate consumption.
2. 20.94 trillion USD (2020)
3. 14.72 trillion USD (2020)
What's the difference between shares, dividend and debenture?
Answer:
Share is the capital of the company, but Debenture is the debt of the company. ... The income earned on shares is the dividend, but the income earned on debentures is interest. The payment of dividend can be made only out of current profits of the business and not otherwise.
Explanation:
One reason we have seen continued growth in home-based businesses is:________
a) it is less risky to start a home-based business than other types of entrepreneurial ventures.
b) affordable technology makes it easier to compete.
c) the location offers a more secure operational environment.
d) people need something to do while they wait to return to work for a large corporation.
Answer:
a
Explanation:
what are the outputs of the production process with regards to goods and services
Answer: they will go faster
Explanation: it does a thing.
which of part of the marketing plan is a summary of the key points and should be completed after the rest of the marketing plan has been written?
Answer:
The executive summary
Explanation:
Becuase it is the highlight and important part of the marketing plan, you cannot do the summary first.
The executive summary is a part of the marketing plan is a summary of the key points and should be completed after the rest of the marketing plan has been written. The company's top items are listed along with an explanation of their attractiveness to the intended market.
What is the key point of marketing?To encourage lucrative customer activity, firms market their goods and services for a variety of reasons. Marketing's goal is to persuade customers to take advantageous actions. Marketing is embraced by businesses and brands to ensure their ongoing success.
An executive summary, as the name implies, gives a quick review of your marketing strategy. It provides an overview of your brand objectives, marketing goals, and related activities in one or two pages and summarizes the main findings of your marketing research.
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hey yall school has been soo hard lately so any tips to do good in school?
How to Do Well in School
Attend class regularly.
Pay attention in class.
Do homework routinely.
See the teacher for help.
Review what you're learning on a regular basis.
Learn from mistakes..
Make school a priority.
Work hard, play hard.
There u go
Answer:
make a schedule in order to effectively get it all done. also, don't take advantage of studying, I used to not study enough, but then I just added an extra 30 min of studying time, and it improved my grades from a B+ to an A!! Just keep focus without destractions, you get a text, silence your phone until your finished, trust me, it will be hard to ignore everything and focus, but again, worth it. (sry for the typos, I have somewhere to be, but I hope I helped!)
Explanation:
In your own words, describe how you can find distances using a scale drawing.
Activities involved in buying and selling goods on a large scale.
a) gross domestic product
b) inflation rate
c) labor force
d) business cycle
e) recession
f) monopoly
g) fiscal policy
h) monetary policy
i) commerce
j) price fixing
Answer:
I think answer is price fixing
4. What type of documents should you file from work?
emails from colleagues
Work Party Announcements
Benefits Package Information
401K Statements
Answer:
benefits package information
when calculating net price, why do you think loans are not deducted from sticker price even if they are typically offered to you in a financial aid package?
The reason loans are not deducted from sticker price even if they are typically offered to you in a financial aid package is that "the net price is actual money that you or any individual will be paying."
This is evident because a net price is the sticker price minus the student's financial aid, scholarships, grants, and other support.
Unlike sticker price, the net price is the college student's amount would eventually pay in his college years.
A sticker price is the whole amount of the annual or session cost of a college education.
Hence, in this case, it is concluded that college students should concentrate more on the net price instead of a sticker price.
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Instructions: Place the steps in the performance appraisal process in the correct order, from first to last. Rank the options below. Making Decisionsopen choices for ranking No answer Discussing Resultsopen choices for ranking No answer Taking Actionopen choices for ranking No answer Establishing Performance Standardsopen choices for ranking No answer Evaluating Performanceopen choices for ranking No answer Communicating Standards
Performance appraisal is used to compare employee performance against some standards. The steps in the performance appraisal process are;
1. Establishing Performance Standards2. Communicating Standards3. Evaluating Performance4. Making Decision5. Discussing Results6. Taking ActionIn the performance appraisal process, the supervisors will first establish the standards that will guide the operations of employees.
Next, they should inform the employees of those standards. They should examine the performances of their employees and make decisions on whether they performed well or not.
Then, they should discuss the results with them and take action on whether to reward or punish them.
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Another name for a bankdraft is
Answer:
bank chequeExplanation:
HOPE IT HELPS
Answer:
............bank cheque............
when the fed decreases the discount rate, banks will
When the Federal Reserve increases the discount rate banks become more cautious and tend to hold extra reserves. Because banks hold extra reserves, this money will not increase through multiple deposit creation and the money supply will decrease.
The Downtown Parking Authority of Tampa, Florida, reported the following information for a sample of 250 customers on the number of hours cars are parked.Number of HoursFrequency1202493754455406137583250a-1 Convert the information on the number of hours parked to a probability distribution. (Round your answers to 3 decimal places.)a-2. Is this a discrete or a continuous probability distribution?multiple choiceDiscreteContinuousb-1. Find the mean and the standard deviation of the number of hours parked. (Do not round the intermediate calculations. Round your final answers to 2 decimal places.)b-2. How long is a typical customer parked? (Do not round the intermediate calculations. Round your final answer to 2 decimal places.)c. What is the probability that a car would be parked for more than 6 hours? What is the probability that a car would be parked for 3 hours or less? (Round your answers to 3 decimal places.)
The activities of the Downtown Parking Authority can be represented on a probability distribution table
a-1 Convert the table to a probability distribution
This is calculated as:
[tex]\mathbf{Probability = \frac{f}{Total}}[/tex]
So, we have:
[tex]\mathbf{P(1) = \frac{25}{234} = 0.108}[/tex]
[tex]\mathbf{P(2) = \frac{38}{234} = 0.162}[/tex]
[tex]\mathbf{P(3) = \frac{51}{234} = 0.218}[/tex]
And so on.
So, the table is:
[tex]\mathbf{\left[\begin{array}{ccc}x&f&P(x)\\1&25&0.108\\2&38&0.162\\3 & 51 & 0.218 & 4 & 45 & 0.192 & 5 & 20 & 0.085 & 6 & 14 &0.06 & 7 & 5 & 0.021 & 8 & 36 & 0.154 \end{array}\right] }[/tex]
a-2 The distribution type
The number of hours is from 1 to 8, and all are given in whole numbers.
Discrete probability distributions are represented by whole numbers.
Hence, the distribution is a discrete continuous probability distribution
b-1. The mean and the standard deviation of the number of hours parked.
The mean is calculated using:
[tex]\mathbf{\bar x = \frac{\sum fx}{\sum f}}[/tex]
So, we have:
[tex]\mathbf{\bar x = \frac{25 \times 1 + 38 \times 2 + 51 \times 3 + 45 \times 4 + 20 \times 5 + 14 \times 6 + 5 \times 7 + 36 \times 8}{234}}[/tex]
[tex]\mathbf{\bar x = \frac{941}{234}}[/tex]
[tex]\mathbf{\bar x = 4.02}[/tex]
The standard deviation is calculated as:
[tex]\mathbf{\sigma = \sqrt{\frac{\sum f(x - \bar x)^2}{\sum f}}}[/tex]
So, we have:
[tex]\mathbf{\sigma = \sqrt{\frac{25 \times (1 -4.02)^2+ 38 \times (2 -4.02)^2 + 51 \times (3 -4.02)^2 +.............+ 36 \times (8 -4.02)^2}{234}}}[/tex]
[tex]\mathbf{\sigma = \sqrt{\frac{1124.8936}{234}}}[/tex]
[tex]\mathbf{\sigma = \sqrt{4.80723760684}}[/tex]
[tex]\mathbf{\sigma = 2.19}[/tex]
Hence, the mean is 4.02 and the standard deviation is 2.19
b-2. How long is a typical customer parked?
This is the mean of the distribution.
In (a), we have:
[tex]\mathbf{\bar x = 4.02}[/tex]
Hence, a typical customer is parked for 4.02 hours
c-1. The probability that a car would be parked for more than 6 hours
This is calculated as:
[tex]\mathbf{P(x > 6) = P(7) + P(8)}[/tex]
So, we have:
[tex]\mathbf{P(x > 6) = 0.021 + 0.154}[/tex]
[tex]\mathbf{P(x > 6) = 0.175}[/tex]
Hence, the probability that a car would be parked for more than 6 hours is 0.175
c -2. The probability that a car would be parked for 3 hours or less?
This is calculated as:
[tex]\mathbf{P(x \le 3) = P(1) + P(2) + P(3)}[/tex]
So, we have:
[tex]\mathbf{P(x \le 3) = 0.108 + 0.162 + 0.218}[/tex]
[tex]\mathbf{P(x \le 3) = 0.488}[/tex]
Hence, the probability that a car would be parked for 3 hours or less is 0.488
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there is a growing demand of a firm of architects and engineers in developing countries like Nepal justify
Answer:
yes the developing countries not only Nepal but India also I am in great need of such wonderful master architects and engineers . To develop their country condition they need search architects and engineers for their development
when brainstorming, you should go for quantity over quality.
Answer:
False
Explanation:
The following statement is false and that is because quantity is only going to get you so far in any sort of business aspect. If you focus on quality then the consumer will keep coming back for more because what your selling is just that good to the consumer, if you focused on quantity and what you're selling isn't good then the consumer won't come back for your product which is why you need to focus on your quality rather then your quantity.
Hope this helps.
Which of these is NOT a social cause that a
nonprofit could serve?
A. religion
B. charity
C. education
D. capitalism
PLEASE ANSWER!
What are the Human Resources Teasha needed to open her business?
The human resources that will be required by Teasha to open her business include a receptionist, cashier, and salesperson.
From the information given, Teasha has graduated from school and wants to open her own business. She has experience working in a gift store and wants to have her own gift store too.
Therefore, she'll need a receptionist, a cashier, and a salesperson. The receptionist will welcome customers and answer phone calls from clients.
The cashier will help with issuing and receiving payments. Lastly, the salesperson will be responsible for helping the customers find items in the store and increasing sales.
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You are starting a shopping service for elderly people in your community who cannot leave their homes. Write a mission statement that clearly communicates the purpose of your business.
To write a mission statement about starting a shopping service for elderly people in your community, begin writing what your company does. In this case, start with "My company's purpose is to start a shopping service for elderly people in my community (name of your community)."
Then follow up by describing how your business plan to operate its services.
Here, you can state that "My company's purpose is to provide shopping services that allow all elderly people to experience easy and comfortable life."
Thus continue by adding the reason your company operates its services.
Finally, your mission statement can look like this:
At Brainly (name of your company), we provide shopping services to make elderly people experience an easy and comfortable life.
Hence, in this case, it is concluded that a mission statement should have the purpose, values, and goals of the company.
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What are three causes and effects of the haymarket square riot
When Tyler, a veteran, started his business, he knew he had to keep costs to a minimum and he worried about taxes. He planned to build and distribute safety goggles for construction workers and military personnel. He realized most of his business would not be through walk-in customers but rather large orders from companies. He chose to locate in a government-subsidized area called a(n) __________, where he would receive tax breaks and other government support.
Tyler chose to locate his business in an area which government offer subsized tax rate and tax break in other favor job creation called an enterprise zone.
Areas which are specially offered subsidized rate of taxes in other encourage economic development of such geographical area are called enterprise zone.
In other ensure that companies locate their offices in this zones, government offers support and gives other enticing offers in other to promote job creation in such environment.
Therefore, government - subsidized rates are enjoyed in enterprise zones.
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are Investments guaranteed to generate profit
Money held in a bank is generally protected by the Federal Deposit Insurance Corporation, and the U.S. government has yet to fail to meet an interest payment or fully redeem a maturing bond. Yet, yield often correlates with risk. ... But it's not going to guarantee you a real money return.
Jordan gets confused and uses his credit card to get $40 in cash from an ATM instead of using his debit card. Based on this agreement, what is the impact of this decision
The impact of Jordan making this mistake is an extra Credit charges that will be impose on the Cash withdrawn.
Simply put, a Credit Card are offered to people by banks for purpose of making purchases or cash advances and requires them to pay back the loan amount in the future.
However, a Debit Card is quite different because it is issued by banks to an account-holder or facilitate easy withdrawal from his/her account through the ATM or at any Point of Sales.
Now, Jordan can use his Credit Card as well but he will be required to pay back the amount he withdrew with an extra Credit charges.
Therefore, in conclusion, the impact of Jordan making this mistake is an extra Credit charges that will be impose on the Cash withdrawn.
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Which of the following serves as an incentive for entrepreneurs in a market economy?
Answer:
Entrepreneurs are people who take the risks of organizing productive resources to make goods and services. Profit is an important incentive that leads entrepreneurs to accept the risks of business failure.
A person who buys a used car with the money earned from working a part- time job is influenced by what factor? A. Income B. Social pressure C. Age D. Advertising
Answer:
A income
Explanation:
hope it's helpful to you
A person who has a used car with the money earned from working a part-time job is influenced by income factors. Thus, option A is correct.
What is buy?
The term buy can mean that there is some sort of transaction that has happened between two or more parties. after buying a product or a thing, the buyer obtains custody, possession, or authority to utilize something in exchange for money in particular
As the person has worked hard and done some kind of part-time job that he has been doing it on the temporary basis and that person was doing various things too.
As the money is earned by himself, he brought the car from the money that he has earned by himself and this is money can be termed as the income earned by doing a job. Therefore, option A is the correct option.
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