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Yanka [14]
4 years ago
13

Suppose that in 2018, Brazil's annual economic growth rate has dropped to 1.4%. Use the rule of 70 to estimate how long it would

take for its real per capita GDP to double.
Business
2 answers:
Stolb23 [73]4 years ago
7 0

Answer:

50 years.

Explanation:

Rule 70 is used in finance to roughly determine the time required to double the investment. The calculation is made by dividing 70 by the percentage of interest in the period. In this case, we use the annual growth rate, 1.4, thus; 70: 1.4 = 50. This figure shows that Brazil's GDP will be doubled, maintaining growth of 1.4% per year over 50 years.

mestny [16]4 years ago
4 0

Answer:

50 Years

Explanation:

The "rule of 70" is an <em>estimate </em>of how many years it will take something to double given a particular interest rate. To calculate, simply divide 70 by the interest rate:

70/1.4 = 50 years

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Answer:

$2,200

Explanation:

Calculation to determine what should this recent grad be willing to pay in rent per month

First step is to calculate the work days

Using this formula

Work days = 5 days per week x 1 hour to work+ 1 hour from work

Let plug in the formula

Work days = 5 days a week x 2 hours

Work days= 10 hours

The second step is to calculate the monthly commuting in a standard month of 4 weeks

Monthly commuting = 4 x 10 hours

Monthly commuting = 40 hours

Third step is to calculate hourly how much she will be able to maximize

Amount maximize = $25 x 40 hours (commuting hours)

Amount maximize= $1,000

Now let determine The total she will be willing to pay in rent

Rent per month= $1,200 + $1,000

Rent per month=$2,200

Therefore what should this recent grad be willing to pay in rent per month is $2,200

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3 years ago
One of the main responsibilities employers have under OSHA is to: A. Conduct energy audits B. Notify OSHA of any workplace injur
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6 0
3 years ago
When we want to measure wage inflation in the labor market, we use the: Consumer Price Index Product Price Index Employment Cost
dusya [7]

Based on economic indices, when we want to measure wage inflation in the labor market, we use the "<u>Consumer Price Index."</u>

The consumer price index, often referred to as CPI, is conducted by the <u>Bureau of Labor Statistics. </u>

CPI is carefully made to measure the price changes encountered by urban consumers.

It is believed that the urban dwellers formed about 93 percent of the United States population.

Consumer Price Index is used to measure the relationship between wage and inflation.

Hence, in this case, it is concluded that the correct answer is "Consumer Price Index."

Learn more here: brainly.com/question/8416975

5 0
3 years ago
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A department store is experiencing greater than usual losses due to theft and management wants it stopped. Middle management dec
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Answer:

The correct answer here is that middle management have made a tactical plan.

Explanation:

Tactical plan can be defined as a plan where after the company has made its strategic plan ( which outlines the objective and goal of the company ) , certain short term actions and plan have been made or implemented by a company's department or function, which helps in achieving those goals and targets set in the strategy plan. The horizon of the tactical plan is short, as the time period depends upon the market that company serves and pace of change. In this question middle department has implemented such short term tactical plan to stop losses due to theft.

8 0
3 years ago
If Canada has a surplus of paper products produced but its consumers demand more cleaning solutions, and the US has an abundance
Charra [1.4K]

Answer:

Expanded market for their products

Explanation:

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The consumers in Canada that require cleaning products can buy them from the USA.  In other words, they will be importing .  Canadians can also sell excess paper products to the USA. They will be exporting.

By trading, Both Canada and the USA will get markets for the products they have in excess.  Business people in this country will profit from international markets.  They will increase production, which adds to their countries GDP.

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