last year real gdp per person in the imaginary nation of olympus was $4,500. the year before it was $4,250. by about what percentage did olympian real gdp per person grow during the period? a. 4.6 percent b. 5.2 percent c. 5.9 percent d. 6.5 percent

Answers

Answer 1

The percentage growth in real GDP per person during the period is approximately 5.9 percent. Option c is correct.

To calculate the percentage growth in real GDP per person, we can use the following formula:

Percentage growth = (New value - Old value) / Old value × 100

Old value of real GDP per person = $4,250

New value of real GDP per person = $4,500

Percentage growth = ($4,500 - $4,250) / $4,250 × 100

Percentage growth = $250 / $4,250 × 100

Percentage growth ≈ 5.88%

Rounding to the nearest decimal point, we find that the percentage growth in real GDP per person during the period is approximately 5.9 percent.

Option c is correct.

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Related Questions

Explain the basic assumption of economics with respect to rational self-interest. Describe two detailed real-life examples applying the assumption.

Answers

When making economic decisions, economists make assumptions in order to better understand how consumers' and businesses' behaviour.

To assist explain how an economy works and how to maximise growth, income, and employment, there are numerous economic theories.

However, preferences—that is, what companies and customers like to have or prefer to avoid—are central to many ideas. Additionally, the assumptions frequently concern the resources that are or are not readily available to meet the demands and preferences. The decisions that individuals involved in an economy make are significantly influenced by the availability or scarcity of resources.

Learn the rationale behind economists' assumptions and how they affect economic models.

When making economic decisions, economists make assumptions in order to better understand how consumers' and businesses' or  economic behaviour.

Economists They use assumptions in order to build a model that they can control because they are unable to isolate certain factors in the real world.

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What have instant communication and sales made possible? Check all that apply.

Answers

Cash transactions, businesses, and jobs

Greyson construction has the following account balances at the end of the year. Accountsbalances equipment$19,000 accounts payable1,600 salaries expense26,000 common stock12,000 land11,000 notes payable13,000 service revenue32,000 cash4,600 retained earnings?

Answers

Retained Earnings = $19,000 (equipment) + $11,000 (land) + $32,000 (service revenue) + $4,600 (cash) - $1,600 (accounts payable) - $13,000 (notes payable) - $12,000 (common stock) - $26,000 (salaries expense). Retained Earnings = $14,000.

What are retained earnings?

Retained earnings are the amount of a company's net income that is not given out as dividends to shareholders but is instead retained by the firm for reinvestment in the business. Retained profits are a significant source of funding for businesses looking to grow, expand, or invest in new ventures. The retained earnings balance develops over time as the firm generates profits and reinvests a part of those profits back into the business. Retained earnings can also be utilised to pay down debt, repurchase stock, or make other strategic investments. The amount of retained earnings a firm has may be viewed on the balance sheet in the equity section.

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Which industry did Ferris Jabr suggest is often guilty of frequently creating solutions to problems that do not really exist

Answers

Ferris Jabr suggested that the technology industry is often guilty of frequently creating solutions to problems that do not really exist.

In his article titled "Why We Should Rethink Solving Problems," Jabr discusses how the technology industry, driven by innovation and the desire to create new products, often generates solutions for perceived problems that may not actually be significant or necessary. He argues that the industry sometimes creates products or features that are marketed as solving problems, but in reality, these problems might not be significant issues for most people.

Jabr highlights examples such as smartphone features, gadgets, or apps that claim to address certain needs or improve daily life but might not offer substantial benefits or solve real problems. He encourages a more thoughtful approach to problem-solving, suggesting that solutions should be based on a genuine understanding of the problems people face and their actual impact on individuals or society.

Thus, according to Jabr, the technology industry is often criticized for creating solutions to problems that are not genuinely significant or do not exist to the extent that they are portrayed.

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What is a creditor legally required to do if you dispute a debt?
O A. The creditor must cancel the dispute.
B. The creditor must investigate the dispute.
O c. The creditor can ignore the dispute.
O D. The creditor may choose to ignore the dispute.

Answers

A creditor is legally required to investigate the dispute if the debtor dispute a debt.

What is a debt dispute?

This refers to an disagreement between the creditor and the committee as to the existence of a debt owed by the committee.

Hence, he creditor is legally required to investigate the dispute if the debtor dispute a debt.

Therefore, the Option B is correct.

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The average life expectancy of which type of economy is generally very high?
A.
economies with a high HDI and GDP
B.
economies with a low HDI and GDP
C.
economies with a high GDP
D.
economies with a low GDP
E.
economies with a high PPP only

Answers

Answer:

c

Explanation:

im not 100% sure but i think c is the one

Buttercup Corporation issued 300 shares of $10 par value common stock for $4,500.

Prepare Buttercup’s journal entry.

Answers

When a company issues common stock for more than its par value, it records the excess as additional paid-in capital. This transaction increases both cash and equity on the balance sheet, and represents a financing activity for the company.

The journal entry for Buttercup Corporation issuing 300 shares of $10 par value common stock for $4,500 would be:

Debit: Cash - $4,500

Credit: Common Stock - $3,000

Credit: Additional Paid-In Capital - $1,500

The debit to cash represents the cash received from the issuance of the shares. The credit to common stock represents the par value of the shares issued ($10 per share x 300 shares = $3,000).

The credit to additional paid-in capital represents the excess of the cash received over the par value of the shares issued ($4,500 - $3,000 = $1,500). This transaction represents a financing activity for Buttercup Corporation.

By issuing common stock, the company is raising capital to fund its operations and growth. The par value represents the legal capital of the company, which cannot be returned to shareholders as dividends or repurchases.

The additional paid-in capital represents the excess over the par value, which can be used for dividends or other corporate purposes.

In summary, when a company issues common stock for more than its par value, it records the excess as additional paid-in capital. This transaction increases both cash and equity on the balance sheet and represents a financing activity for the company.

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Which is always a cost when buying insurance?

premium
deductible
co-payment
payout

Answers

Answer:premium

Explanation:

The cost of buying insurance is premium.

What is insurance?

Insurance is an arrangement between a company and a person or group of people where the company agrees to pay the person a certain amount of money if an event occurs and certain conditions are met.

Types of insurance include:

Life insurance Health insurance Property insurance.

The individual(s) that is being insured must pay a certain amount of money at certain times to the insuring company. This is known as the premium.

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Fact Pattern: An organization has grown rapidly and has just automated its human resource system. The organization has developed a large database that tracks employees, employee benefits, payroll deductions, job classifications, ethnic code, age, insurance, medical protection, and other similar information. Management has asked the internal audit activity to review the new system.
Human resources and payroll are separate departments. Which of the following combinations provides the best segregation of duties?
A. Human resources adds employees, and payroll processes hours and enters employee bank account numbers. Paychecks are automatically deposited in the employee's bank account.
B. Payroll adds employees and enters employees' bank account numbers but processes hours only as approved by human resources. Paychecks are automatically deposited in the employee's bank account.
C. Human resources adds employees, payroll processes hours, and human resources delivers the paychecks to employees.
D. Human resources adds employees, reviews and submits payroll hours to payroll for processing, and delivers paychecks to employees

Answers

The combination that provides the best segregation of duties in the given scenario is Option D.

Human resources adds employees, reviews and submits payroll hours to payroll for processing, and delivers paychecks to employees. This option ensures a clear segregation of duties between the human resources and payroll departments.

By having human resources responsible for adding employees and reviewing/submitting payroll hours, it establishes a separation between employee data management and the processing of payroll. This segregation helps mitigate the risk of unauthorized or inaccurate changes to employee information that could impact payroll.

Furthermore, having human resources deliver the paychecks to employees adds an additional layer of segregation. It ensures that the payroll department is not directly involved in the physical distribution of paychecks, reducing the risk of tampering or unauthorized access to sensitive employee information.

Overall, Option D provides stronger segregation of duties and helps maintain proper controls over the organization's human resource system and payroll processes.

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I'm watching RUBBE LANA videos

Answers

Answer:

Thats cool

Explanation:

hello im Michal the fox how may tails i have three,two or,four

Answers

Answer:

2

Explanation:

Briefly explain the normalization process. Explain why the
highest normal form not always the best solution?

Answers

Answer:

Normalization is the process of removing non-recurring expenses or revenue from a financial metric.

In the highest normal forms, the performance degrades hence they are not always the best solution.

Explanation:

Normalization is the process of removing non-recurring expenses or revenue from a financial metric like EBIT or earnings. Once earnings have been normalized, the number which remains off represents a future earning capacity that a buyer would expect from the business.

In the highest normal forms, the performance degrades. Careless data decomposition often leads to data loss. Even to decompose into higher normalization forms, it is a time-consuming process. There are more tables to join, the need to join these tables increases and the task becomes more tedious. It even makes the database harder to interpret as well.

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Sports and entertainment products are non-perishable.

Answers

No that is false. Because sports and entertainment usually are short lived while they are being performed they are considered perishable.

Money, materials, staff, and assets are examples of *

Answers

Answer:

Business Or Banks.

Explanation:

Answer:

resorses  

Explanation:

1.4 Why is Canada considered to have a branch-plant economy?

Answers

Answer:

Manufacturing companies set up branch plants to serve the Canadian market, thereby avoiding high freight costs and import duties.

Explanation:

hope it will help you have a great day bye and Mark brainlist if the answer is correct

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All of the following our services that are available at banks except.....
Automatic bill payment
ATM
Tax accounts
Money orders
Overdraft protection
Debit card
Travelers checks
Online banking

Answers

is it money order.i am confused

What is the purpose of a package? give 3 reasons

Answers

I mean I can state three organized, safety, and privacy

Explanation: I mean common sense =J

I would go with protects,identify, and promote

GOOD LUCK

explain why and how a firm’s cost of capital may decrease when the firm’s stock is cross-listed on foreign stock exchanges.

Answers

Cross-listing a firm's stock on foreign stock exchanges can decrease its cost of capital by expanding its investor base, enhancing its international reputation, and promoting better corporate governance practices.When firm cross-lists its stock on foreign exchanges.



The increase in stock price can benefit the firm in several ways. For one, it can make it easier for the firm to raise capital through issuing new shares of stock. Additionally, a higher stock price can signal to potential lenders that the firm is financially stable and has a low risk of defaulting on loans. This can lead to lower interest rates on loans, which can decrease the firm's cost of debt.


Moreover, cross-listing can also lead to increased liquidity in the stock, as there are more buyers and sellers in the market. This can lead to lower bid-ask spreads, which can decrease the cost of trading the stock. Overall, the increased demand and liquidity in the stock market as a result of cross-listing can lead to a decrease in the firm's cost of capital.

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Which of the following is a general two-year college level degree
• A masters degree
• a associates degree
• A bachelors degree
• A technicians degree

Answers

Answer:

An associates degree.

Explanation:

An associates degree is the typical 2 year degree. Bachelors is 4 years, masters is 6-8 years, and technicians is different altogether, with varied times.

A general two-year college-level degree is an associate's degree. Thus the correct option is B.

What is a College degree?

A college-level degree indicates a degree or a certificate that is given to an individual when he succeeds in a higher level of education. THis degree determines the level of learning and knowledge of an Individual.

When an individual is looking for Job this degree acts as evidence of their education that they have acquired a particular level of knowledge from a particular institution.

A two-year community college program is often required to obtain an associate's degree. It concentrates on general education requirements that, after two more years of study, can be applied toward a bachelor's degree.

Therefore, option B is appropriate.

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Do you think wealth taxes are a good idea? why or why not? defend your position.

Answers

I believe that wealth taxes are a good idea because it gives room for government to redistribute income, a source of revenue to government and also helps in the infrastructural development in the country.

What is a wealth tax?

A wealth tax is a tax on an entity's asset holdings. Personal assets include cash, bank deposits, property investment, assets in insurance and pension plans, ownership of businesses, financial securities, and personal trusts.

A wealth tax can effectively reduce wealth concentration at the very top because if the wealthy must pay a percentage of their wealth in taxes each year, it becomes more difficult for them to amass even more wealth.

Proponents see the wealth tax as a way for the government to increase its public spending coffers by taking money from those who don't really need it. Such a tax generally applies only to the wealthiest, and it can be argued that the money it costs them has no effect on their quality of life.

In conclusion, it's important to generate revenue as well as the redistribution of income.

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Type the correct answer in the box. Spell all words correctly.
Which customers help in the profitability and growth of an organization?
Both external and [ }customers help in the profitability and growth of an organization in a direct or indirect manner.

Answers

Answer:

Both external and Internal customers help in the profitability and growth of an organization in a direct or indirect manner.

Explanation:

External customers refer to the people who pay for goods and services. Their relationship with a business is through the purchasing of goods or services. A business produces goods and services targeting to sell them to external customers. They are also known as clients.

Internal customers are people that have a relationship with the business. They could be employees, trade partners, investors, and shareholders. Internal customers facilitate the smooth running of a business. They make it possible for a business to avail its products and services to external customers. Internal customers may buy or not buy from the business.

Answer:

internal

Explanation:

Just took test 5/5

For each of the following companies, specify whether each company would be more likely to use job costing or process costing a. Janitorial services company b. Soup manufacturer c. Commercial plumbing contractor d. Toothpaste manufacturer e. Catering service f. Shipbuilder g. Company providing Web design services h. Medical practice of six doctors and four physician assistants i. Soft drink bottler j. Movie studio k. Plastic bottle manufacturer l. Architect m. Temporary staffing agency n. Oil refinery

Answers

Company providing janitorial services; For each of following businesses, indicate whether it'd be more probable to use process costing or job costing.

Which businesses employ process and job costing?

Job order costing can be used by enterprises as in white-collar sector of the economy, such as law firms, accounting firms, and private investment firms, to handle specific client accounts. For instance, accounting firms may view every client as a separate task.

Who among the following businesses is most likely to employ process or work order costing?

Response and justification A medical clinic, option A, is the correct response. Given that it provides its clients with specialized and one-of-a-kind services, a health care clinic is most likely to adopt a job-order costing system.

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Spell all words correctly. Which software can managers use to discuss financial performance with the help of slides and charts? Managers can use a software to discuss financial performance with the help of slides and charts.

Answers

Microsoft PowerPoint
Managers can use Microsoft PowerPoint to discuss financial problems with the help of slides and charts.

Answer:

Behold.

Explanation:

Spell all words correctly. Which software can managers use to discuss financial performance with the

A ________ is a senior manager who oversees the use of IT in the firm.
A) CEO
B) CFO
C) CIO
D) CTO
E) CKO

Answers

Answer:

Ans is A

CEO is a senior manager

A CIO is a senior manager who oversees the use of IT in the firm.

What is an Information Technology firm?

An IT Firm is a company that provides direct IT support, IT management, infrastructure services or physical and network/data security services to companies, known as an IT firm.

The core team of an IT support company, also known as an IT managed services provider, is made up of qualified his specialists. The team offers you professional direction and management on a variety of IT, including general computer systems and device networking, as well as electronic gear and software.

IT teams are made up of highly skilled specialists, and each member has their own distinctive talents and areas of specialization. Therefore, a good IT team is able to provide a wide range of IT support services that address all of your IT needs.

Services provided by IT support organizations like Gordian Networks fall into two categories:

resolving urgent IT issues

putting proactive steps in place to avoid future IT issues

Thus, the option C is correct

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michelle works in retail and cant decide what products to include i the stores front window display what is the first step she should take to solve this problem

Answers

The available options are:

A. List the options.

B. Evaluate the decision/choice.

C. State the problem.

D. Determine the pros and cons.

Answer:

State the problem.

Explanation:

In a situation like this, it is expected that the first step to take to solve the problem is that Michelle should understand the reason, she wants to put the product on the window display. This includes knowing what she will benefit by placing the product on the window display and which product she wants to display. This process which is the first step in the problem-solving technique is known as STATE THE PROBLEM.

Hence, the right answer is State the Problem.

Which of the following methods would be most appropriate for an emotional appeal?
A.Telling a story about people who resemble the target audience
B.Creating a contrast with the surrounding environment
C.Asking the audience to act
D.Providing information about the product

Answers

Answer: telling a story about people who resemble the target audience

Explanation: just took the test

Telling a story about people who resemble the target audience would be most appropriate for an emotional appeal. Thus, option 'A' is the correct option.

What is Emotional Appeal?

A kind of persuasion known as an emotional appeal uses sensory, descriptive language and images to stimulate an audience's emotions and persuade them of a point of view. Social psychology is used in the appeal to emotion strategy. Only when the evoked emotions are unrelated to determining the veracity of the conclusion and help to divert from a logical analysis of pertinent premises or facts is it erroneous.

For instance, if a pupil says "My scholarship will be forfeited if I receive a poor mark on this essay. It is not copied "The initial statement's emotional impact is unrelated to determining whether the text was duplicated. In order to persuade the audience that the claims being made by the fallacious argument are true or untrue, appeals to emotion aim to evoke sentiments like fear, pity, or delight in the person receiving the information.

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A memo is a copy of a document transmitted via phone line using a facsimile machine.

True

False

Answers

Answer:

Yes, it is very true: I don't know just trying

what type of government action is part of fical policy

what type of government action is part of fical policy

Answers

Answer: C. Spending government money on schools

What are taco meat made out of my mom won’t tell me?

Answers

Answer:

beef

Explanation:

it depends on what type of taco meat but it's mostly beef

under the usa patriot act, the fbi can issue a national security letter to compel banks, internet service providers, and credit reporting companies to turn over information about their customers without a court order simply on the basis that the information is needed for an ongoing investigation. question 3 options: true false

Answers

The statement given in the question about USA patriot Act and FBI can issue a national security letter is true.

Under the USA Patriot Act, the FBI can issue a National Security Letter (NSL) to compel certain types of businesses, such as banks, internet service providers, and credit reporting companies, to turn over information about their customers without a court order. NSLs are issued on the basis of national security and can be used to obtain a wide range of information, including financial records, internet browsing history, and other personal information. The use of NSLs has been controversial, with some critics arguing that they violate the Fourth Amendment of the US Constitution, which protects against unreasonable searches and seizures. The USA Patriot Act was passed in the wake of the 9/11 terrorist attacks in 2001 and was intended to strengthen US law enforcement's ability to investigate and prevent terrorism. The Act included a number of controversial provisions, including the ability for the FBI to issue NSLs without judicial oversight. Critics argue that NSLs are a form of warrantless surveillance and violate constitutional protections against unreasonable searches and seizures. The use of NSLs has been the subject of legal challenges, and in some cases, courts have struck down the FBI's use of NSLs as unconstitutional.

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