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satela [25.4K]
3 years ago
12

If real GDP per capita in the United States is currently $50,000 and grows at 2.5% per year, it will take approximately how many

years to reach $200,000?
Business
1 answer:
igomit [66]3 years ago
7 0

Answer:

A. approximately 56 years

Explanation:

Giving that

Annual percentage growth rate = 2.5%

Using rule of 70

Years to double = 70 ÷ 2.5

= 28 years

Therefore, years to quadruple from original GDP

= 28 × 2

= 56 years

Therefore it will take 56 years for US GDP to reach 200,000 from 50,000 at annual rate of 2.5

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e-lub [12.9K]
B. relatively inelastic
8 0
3 years ago
While working in the yard, Tina found a beat-up ring. Becca, an eighteen-year old neighbor, came over to visit and liked the rin
andreev551 [17]

Answer:

The correct answer is letter "B": A gift inter vivos.

Explanation:

A gift inter-vivos refers to the transfer of a property from one party to another while the donor is alive. This transfer must be celebrated through a written agreement providing the beneficiary absolute ownership of the property. In such a case, the donor cannot request the property back and gives up any right over it.

The beneficiary must accept the gift for the transfer to be complete and if the property has value, the beneficiary will accept it as well.

<em>The issue between Tina and Becca relies on not having signed any document for the transfer of the diamond ring but they are involved in an inter-vivos gift.</em>

8 0
3 years ago
The wall separating Henri from his manager made it hard to hear what his manager was saying. The wall is an example of a(n) ____
aksik [14]

Based on the information given the wall is an example of a(n) physical barrier.

Physical barrier is barrier that block or obstruct the flow of communication thereby making it difficult for the receiver to hear.

Physical barrier can tend to lead to ineffective communication between two or more people due to the disruption of failure in communication that occur as a result of the barrier.

Wall  is an example of physical barrier as they can prevent effective communication thereby by making it hard for the receiver to hear what the sender communicated to him or her.

Inconclusion  the wall is an example of a(n) physical barrier.

Learn more about physical barrier here:brainly.com/question/902393

8 0
2 years ago
As a firm becomes more established, who will be more likely to provide financial capital to the firm?
Crazy boy [7]

Answer:

if I'm correct I think both bondholders and shareholders

6 0
1 year ago
QUESTION 9 of 10: The skill set to predict the various aspects of the business several months or even years into the future is c
HACTEHA [7]

Answer:

b) Forecasting

Explanation:

6 0
2 years ago
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