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lord [1]
3 years ago
12

Suppose that a nation has a GDP of 1.0 trillion dollars in 2000. If a country grows at an average rate of 3.0 % per year over a

fifteen year period, then its compounded GDP at the end of the 15 year period should be:
Business
1 answer:
raketka [301]3 years ago
3 0

Answer:

$1.558 trillion

Explanation:

Given an initial GDP of $1 trillion and an average growth rate of 3% per year, at the end of 15 years, the GDP would have risen to:

GDP_{2000} * (1+r)^{15}

= 1 trillion * (1+0.03)^{15}

= 1 trillion * (1.03)^{15}

= 1 trillion * 1.558

= 1.558 trillion.

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ad-work [718]

Answer:

Strategic Partnership

Explanation:

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In most cases one of the parties has a project to execute but lacks the resources to adequately execute it and as a result needs support from one or two more partners. They more or less become a joint venture for an agreed upon length of time.

8 0
3 years ago
How is a "spending plan" different than a "monthly budget"?
Lera25 [3.4K]

Answer:

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7 0
4 years ago
Suppose that consumers would like to purchase 10 million dvds but only 5 million are available. in order for the market to coord
slavikrds [6]

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5 0
3 years ago
b. What kinds of information from previous budgets would be helpful for Talar to have on hand when she presents her budget to th
Andrew [12]

Answer:

- The time they took to complete, the places where they got their raw materials from, the duration for which they worked daily.

Explanation:

The above information from the previous budgets must be helpful to Talar while presenting her budget before the Activities Committee as this will assist her in showing how her present budget is dealing with each aspect of the organization and also consider the missing elements of the previous budget. The information associated with 'time consumed to complete the target, the places for raw materials, and the work hours' would help in showing how she has anticipated the cost of production and labor cost while preparing the budget. Thus, this information will establish the credibility of her claims.

8 0
3 years ago
Savickas Petroleum's stock has a required return of 12%, and the stock sells for $43 per share. The firm just paid a dividend of
Elodia [21]
<span>Given Data:
</span><span>
The return = 12%</span><span>

Stock price = </span>$43/share
<span>
Dividend = $1.00

Growth rate = </span><span>30% per year

</span> D₄ = $1.00 × (1.30)⁴

<span>      = $2.8561.
</span><span>
Stock's expected constant growth rate after t = 4 
</span>
Stock's expected constant growth rate:

                                                              X = 6.34%
6 0
3 years ago
Read 2 more answers
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