1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Alik [6]
3 years ago
3

Country Able and Country Baker initially have the same real GDP per capita. Country Able experiences no economic growth, while C

ountry Baker grows at a sustained rate of 7 percent. In 12 years, Country Baker's GDP will be approximately ___________ that of Country Able.1) triple2) double3) one-half4) one-fourth
Business
1 answer:
Butoxors [25]3 years ago
7 0

Answer:

2. DOUBLE

Explanation:

Using rule 70,

Number of years to double = 70 ÷ annual % growth rate.

Given that,

Annual growth rate for country Baker = 7%

Therefore,

No. Of years to double = 70 / 7

= 10 years

So, in 12 years time, country Baker GDP will be approximately double that of country able seeing it took country Baker 10 years to double current GDP.

You might be interested in
Geneva Company manufactures dolls that are sold to various distributors. The company produces at full capacity for six months ea
schepotkina [342]
I think the answer is c because u make 500 thousand a year
4 0
3 years ago
Please help. I will mark you as brainliest !!!
Liono4ka [1.6K]
The value of cars produced by a Japanese company are part of United States Gross Domestic Product (GDP) as long as the cars are produced in a factory located within U.S. territory.
The reason why is that GDP includes the final value of all goods and services produed within a country, during a specific period of time (usually a year). If the cars are produce in U.S. territory, they are counted as part of U.S. GDP, even if the company is from Japan or any other country.
3 0
3 years ago
Pension data for Fahy Transportation Inc. include the following: ($ in millions) Discount rate, 9% Expected return on plan asset
mixer [17]

Answer: $45 million

Explanation:

Cash Contributions during the year can be calculated by;

= Ending Plan assets + Retiree benefits - Opening plan assets - Actual return

Actual return

= Actual return on plan assets * Opening plan assets

= 13% * 500

= 65

Cash contributions = 530 + 80 - 500 - 65

= $45 million

3 0
3 years ago
The federal reserve's goal in managing the money supply is to ensure that money retains its value.
sattari [20]
The answer is B: False The Federal's Reserve goal is t<span>o provide the nation with a safer, more flexible, and more stable monetary and financial </span>system<span>.</span>
6 0
4 years ago
In the case Marbury v. Madison, what was William Marbury’s appointment?
const2013 [10]

Answer:

The Correct Answer is A.

"He was appointed as a federal judge".

Explanation:

  • William Marbury was appointed a justice of the peace for the District of Columbia by John Adams, however, Marbury did not get his commission papers.
  • Marbury petitioned the supreme court to force James Madison to deliver the paper of commission to him.  
  • James Madison held the role of transmitting appointments and did not approve the Marbury.
  • Madison refused to give the commission to Marbury.

3 0
4 years ago
Read 2 more answers
Other questions:
  • You can now sell 70 cars per month at $35,000 per car, and demand is increasing at a rate of 4 cars per month each month. What i
    6·1 answer
  • The twin agency problems limiting financial globalization are caused by these two groups acting in their own self-interests rath
    10·2 answers
  • Geraldine inherited a piece of land when her father Albert died on July 26, 2015 The FMV of the land at the date of death was $4
    8·1 answer
  • Researchers at PPG Industries spent considerable time, effort, and money developing a bluish windshield that would let in filter
    14·1 answer
  • Derrick Wells decided to start a dental practice. The first five transactions for the business follow. 1. Derrick invested $45,0
    6·1 answer
  • Refer to Gina Robinson, Inc. As the employees form teams at GRI, they should know that each person's role withinthe group starts
    6·1 answer
  • Financial markets are important for bringing equilibrium to the loanable funds market, but do not affect the efficient allocatio
    7·1 answer
  • The franchisor generally does NOT provide the franchisee with:
    9·1 answer
  • Zinc Co.'s adjusted trial balance at December 31, 2017 includes the following account balances:Common stock, $3 par $600,000Addi
    6·1 answer
  • While on vacation, Kyle Kingston, the president and chief executive officer of Remstat, Inc., is called by the CEO of Viokam Cor
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!