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nadezda [96]
3 years ago
5

Assuming a country's economy maintains an 8% rate of growth, young adults starting at age 20 would see the average standard of l

iving in their country more than double by the time they had reached age __________.
A. 30
B. 40
C. 50
D. 60
Business
1 answer:
lapo4ka [179]3 years ago
5 0

Answer:

A) 30

Explanation:

to determine in how many years the economy will double with an 8% growth rate, we can use the rule of 72. The rule of 72 basically works by dividing 72 by the compounding growth rate to determine the number of years it will take an investment to double.

The rule of 72 works well when growth rate is between 6-10%, at 8% it is quite exact. For lower growth rates you should use the rule of 70 which is basically the same but instead of using 72, you use 70. For growth rates over 10% you should use 69.3.

the number of years for the economy to double = 72/8 = 9 years, so 9 plus 20 = 29 years. Since the question asks at what age the economy should have more than doubled, it would be a little over 29, and in this case it is 30.

You can always check which number is more exact calculating 1.08⁹ = 1.999

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Match the following characteristics with their relevant project team organizational structures. The project is housed within a f
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Answer:

A. Pure project A project manager leads personnel from different functional areas = Team members can work on several projects. Duplication of resources is minimized.

B. Functional project Personnel work on a dedicated project team = Team pride, motivation, and commitment are high.

C. Matrix project A team member reports to two bosses = The project is housed within a functional division of the firm.

Explanation:

For A answer, this kind of project management conducts the people, to work on a multitasking way, because they have to accomplish the responsibilities on their functional area as the same that they must accomplished their responsibilities on the project areas. This can minimized the resources for the project but could impact negatively on the compliment of responsibilities because is the same person for two work fronts.  

For B answer, if the people can focus their efforts only in the project, that creates more interest on reach the goals efficiently than if the team were distributed on functional and projects departments

For C answer, when the project is developed in a functional division of the firm, you, as a team project member, must report to the project manager and your functional area boss.

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3 years ago
Today is MultipleThanker9 birth day now say happy birth day to her
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Answer:

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4 0
3 years ago
Read 2 more answers
Matt co. is the lessor in connection with an operating lease. matt co. would record:
V125BC [204]

Matt co. is the lessor in connection with an operating lease. matt co. would record a depreciation expense. The lessor records it as a depceciation expense becuase they are using a stright-line lease as a source of revenue. As the operation lease declines, it will keep showing as a depreciation on their balance sheets.

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This pestle for mashing taro found in papua, new guinea, and believed to be 8,000 years old indicates that the people in the reg
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3 years ago
DataSpan, Inc., automated its plant at the start of the current year and installed a flexible manufacturing system. The company
azamat

Answer:

Month 1 = 5.3 Days

Month 2 = 4.9 Days

Month 3 = 3.9 days

Month 4 = 4.5 Days

Explanation:

The computation of throughput time for each month is shown below:-

Throughput time = Process time + Inspection time + Move time + Queue time

Month 1 = 0.7 Days + 0.6 Days + 0.6 Days + 3.4 Days

= 5.3 Days

Month 2 = 0.7 Days + 0.6 Days + 0.5 Days + 3.1 Days

= 4.9 Days

Month 3 = 0.7 Days + 0.4 Days + 0.4 Days + 2.4 Days

= 3.9 days

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= 4.5 Days

Therefore for computing the throughput time for each month we simply applied the above formula.

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3 years ago
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