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Irina-Kira [14]
3 years ago
11

An economy grows at an annual rate of 3​%. It will take approximately______years for GDP to double. ​An economy grows at an annu

al rate of 10​%. It will take approximately_______years for GDP to double. ​
Business
1 answer:
Andreyy893 years ago
6 0

Answer:

24 years

7 years

Explanation:

Using the rule of 72, the number of years it would take GDP to double = 72 / annual rate

1. 72 / 3 = 24 years

2. 72 / 10 = 7.2 years

I hope my answer helps you

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An opportunity has the following four essential qualities: ________.
kaheart [24]

Answer:

A) attractive; timely; durable; and anchored in a product, service, or business that creates or adds value for its buyer or end user

Explanation:

A true business opportunity;

  1. is attractive, must have high profit expectations.
  2. must be durable, should last at least a few years, not only a one time event.
  3. must present itself at the right moment and time. Sometimes great ideas are left behind because they are too disruptive, e.g. the Nash Rambler built in 1950 was the first compact car but wasn't very successful. Japanese compact cars became successful in the 1970s.
  4. must be anchored in a product or service that your company can provide that satisfies consumers' needs.

7 0
3 years ago
Policies are at the center of the bull's-eye model. <br><br> a. True <br><br> b. False
Anastaziya [24]
False, external layer
7 0
3 years ago
What is true of a perfectly competitive market?
Alexeev081 [22]

The correct answer is B.) The problem of scarcity does not exist.

Because since it is a 'perfectly competitive' market then scarcity shouldnt exist.

-Autumn Leaves

7 0
3 years ago
What does deficit mean?
galben [10]
The definition of deficit is, A sum of money that is small. Also, this can mean a loss of money. Another definition is, the number of loses in sports. Or, individual. Hope this helps
8 0
3 years ago
Marilyn Simms died with a $200,000 life insurance policy. Her husband, Jack, was the primary beneficiary and their children, Mim
loris [4]

Answer:

a) $200,000 to Jack

Explanation:

Data provided in the question  

Life insurance policy amount of Marilyn Simms  = $200,000

The primary beneficiary = Jack

The contingent beneficiaries = Their children

Now, the distribution of the policy could be taken by only Jack as he is her husband plus he is also a primary benefit of her life insurance policy,

So, the whole amount i.e $200,000 is distributed to Jack

8 0
3 years ago
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