The GDP of country A is $400,000. The GDP of country B is $800,000. Does this mean that the per capita output of country B is about twice that of country A? Explain.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “The GDP of country A is $400,000. The GDP of country B is $800,000. Does this mean that the per capita output of country B is about twice ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
Bond X is a premium bond making semiannual payments. The bond has a coupon rate of 9.6 percent, a YTM of 7.6 percent, and has 13 years to maturity. Bond Y is a discount bond making semiannual payments. This bond has a coupon rate of 7.
Answers (1)
During 2018, Colorado Company stock was sold for $9,400. The fair value of the stock on December 31, 2018, was Clemson Corp. stock-$19,100; Buffaloes Co. stock-$20,500. None of the equity investments result in significant influence.
Answers (1)
The most efficient way to ensure that producers are responsible for product is through
Answers (2)
The dry cleaning industry is in monopolistic competition. In the short run, the profit-maximizing price is $10 per item and the average total cost is $6 per item. In long-run equilibrium, the profit-maximizing price is $8 per item.
Answers (1)
What are two reasons why private loans are less favorable than federal loans
Answers (1)
New Questions in Business
A grocery store is trying to find a new vendor for carrots. Its three criteria are: 1. Freshness, 2. Lot Size, and 3. Cost, with factor weights of. 6,.1, and. 3, respectively.
Answers (1)
On October 17, Nickle Company purchased a building and a plot of land for $589,200. The building was valued at $312,276 while the land carried a value of $276,924. Nickle paid $61,900 down in cash and signed a note payable for the balance.
Answers (1)
Suppose an American worker can make 20 pairs of shoes or grow 100 apples per day. On the other hand, a Canadian worker can produce 10 pairs of shoes or grow 20 apples per day.
Answers (1)
Shannon purchases a bond for $952.00. The bond matures in 3 years, and Shannon will redeem it at its face value of $1,000. Coupon payments are paid annually. If Shannon will earn a yield of 12%/year compounded yearly, what is the bond coupon rate?
Answers (1)
What are the major functions of the entrepreneur?
Answers (1)