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lord [1]
2 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]2 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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All of the following are disadvantages of using the average rate of return except:____________.
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Answer:

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Explanation:

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Average rate of return = Average net income / Average book value  

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5 0
3 years ago
A job candidate is being taken out to dinner by a an interviewer. The interviewer gets to pick therestaurant they will dine (eit
Fofino [41]

Answer and Explanation:

a. They will visit the local restaurant and the job candidate will choose to have salad as an order. Please check the attachment I added for the other parts of the answer.

b. The interviewer would make a choice and choose local restaurant. Based on this choice, the job candidate will choose salad. If the interviewer should choose chain restaurant, the job candidate will choose steak

C. Strategy

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Job candidate:

S = {(steak, salad} multiplied by {steak, salad}

= {(Steak steak), (steak salad), (salad, steak), (salad,salad)}

5 0
3 years ago
Mcdale Inc. produces and sells two products. Data concerning those products for the most recent month appear below: Product I49V
Pavel [41]

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c

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3 0
3 years ago
On October 1, Vista View Company rented warehouse space to a tenant for $3,600 per month. The tenant paid five months' rent in a
Damm [24]

Answer:

The adjusting entry needed on December 31 is:

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Credit Rent Revenue $10,800

Explanation:

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Credit Rent Revenue $10,800

7 0
3 years ago
If managers are not owners of their​ company, then they are​ ________.
madam [21]
It is called an agent. They are the person who concurs and is approved to follow up for another, a central, to legitimately tie a person specifically business exchanges with outsiders as per an organization relationship. 
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2 years ago
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