Assume that a very tiny and very poor DVC has income per capita of ...
70.2K
Verified Solution
Link Copied!
Question
Accounting
Assume that a very tiny and very poor DVC has income per capita of
$300
and total national Income of
$3.6
million.\ Instructlons: Round your answers to the nearest whole number.\ a. How large is its population?\ people\ b. If its population grows by 3 percent in some year while its total income grows by 4 percent, what will be its new income per capita rounded to full dollars?\
$
\ c. If the population had not grown during the year, what would have been its income per capita?\
$
Assume that a very tiny and very poor DVC has income per capita of $300 and total national Income of $3.6 million. Instructlons: Round your answers to the nearest whole number. a. How large is its population? people b. If its population grows by 3 percent in some year while its total income grows by 4 percent, what will be its new income per capita rounded to full dollars? $ c. If the population had not grown during the year, what would have been its income per capita? $ Assume that a very tiny and very poor DVC has income per capita of $300 and total national Income of $3.6 million. Instructlons: Round your answers to the nearest whole number. a. How large is its population? people b. If its population grows by 3 percent in some year while its total income grows by 4 percent, what will be its new income per capita rounded to full dollars? $ c. If the population had not grown during the year, what would have been its income per capita? $
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!