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4 years ago

How long would it take for the price level to double if inflation persisted at the following percentages?

Business

1 answer:

Alekssandra [29.7K]4 years ago

3 0

Answer:

inflation rate = 17.5 percent per year ⇒ it will take 4 years to double

inflation rate = 35 percent per year ⇒ it will take 2 years to double

inflation rate = 3.5 percent per year ⇒ it will take 20 years to double

Explanation:

we can use the rule of 70 to determine the amount of time it would take the general price level to double.

the rule of 70 is a simple way we can use to estimate the number of years it will take an investment to double given a certain growth rate.

70 / 17.5 = 4 years

70 / 35 = 2 years

70 / 3.5 = 20 years

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Arada [10]

Answer:

e.0.39

Explanation:

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atlas margin for last year is

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Therefore the correct option is e

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3 years ago

Han Products manufactures 21,000 units of part S-6 each year for use on its production line. At this level of activity, the cost

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Answer:

Net savings of buying from outside supplier $ 29,000

Explanation:

Computations from buying S 6 from outside supplier.

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3 years ago

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ra1l [238]

Answer:

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This means that her consumer surplus is at least $15.99.

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Melanie was willing to pay $79.95. But she actually paid $63.96. The difference between the two is $15.99.

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3 years ago

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2 years ago

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NemiM [27]

Answer:

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3 years ago

Read 2 more answers