The rule of 70 is a technique used to forecast how many years would take to a variable to double its value. It consists on dividing number 70 by the growth rate of the variable of interest, which in this case is the GDP of countries A and B.
According to the rule of 70, let's compute how long will take for the GDP of each country to double:
- Country A: 70/2.8= 25 years
- Country B: 70/1.4= 50 years
As the growth rates are constant, it is possible to compute the exact value of the GDP of each country in 100 years time using the number of years for output duplication.
- Country A duplicates its growth every 25 years. Hence, it will happen 4 times in 100 years. In year 25, the output will be $100,000. In year 50, it will duplicate again and reach $200,000. The third duplicate will take place in year 75 and GDP will sum $400,000. Finally, in year 100 it will duplicate one last time and country A will end up the century with a GDP per capita of $800,000.
- Country B duplicates its growth every 50 years. Therefore, it will happen twice in 100 years. In year 50, the output will be $100,000. In year 100, the last duplicate will take place, and country B will end up with a GDP per capita of $200,000.
Answer:
Civil Rights For Blacks.
Explanation:
The Progressive presidents were: Roosevelt, Taft, and Wilson.
The main objectives of the Progressive movement were addressing problems caused by industrialization, urbanization, immigration, and political corruption. Social reformers were primarily middle-class citizens who targeted political machines and their bosses. The Progressive Era was a period of widespread social activism and political reform across the United States that spanned the 1890s to the 1920s. The main objectives of the Progressive movement were addressing problems caused by industrialization, urbanization, immigration, and political corruption.
Answer:
<em>Reliability testing </em>
Explanation:
<em>In psychological research,</em><em> the term reliability testing is defined as one of the methods which are being used to describe the consistency of a particular study or research or measuring tests. In other words, it is described as the extent to which a particular assessment tool can produce consistent and stable results. </em>
<em>Reliability testing</em><em> makes sure that the response from a particular test must remain the same even after being conducted or measured after some time.</em>
Answer:
Shows mistakes that could've been made
Explanation:
Answer:
IT IS B A COUNTRY THAT IS SELLING LUMBER
Explanation:
EXPORTING MEANS TAAKING OUT
