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almond37 [142]
3 years ago
6

Consider two scenarios for a nation's economic growth. Scenario A has real GDP growing at an average annual rate of 2%; scenario

B has an average annual growth of 4%.
The nation's real GDP would double in about:_______
a. 25 years under scenario A, versus 12.5 years under scenario B.
b. 36 years under scenario A, versus 18 years under scenario B.
c. 36 years under scenario A, versus 9 years under scenario B.
d. 18 years under scenario A, versus 9 years under scenario B.
Business
1 answer:
const2013 [10]3 years ago
6 0

Answer: b. 36 years under scenario A, versus 18 years under scenario B.

Explanation:

The Rule of 72 is a rule in finance that will allows for the calculation of how long it will take for an investment to double given its interest rate.

The time is calculated by dividing 72 by the interest rate in question.

Scenario A

= 72/2

= 36 years.

Scenario B

= 72/4

= 18 years.

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disposable income (billions of dollars per year) total consumption (billions of dollars per year) $ 0 $ 50 200 210(table 9.1) wh
katovenus [111]

C = 50 + 0.8Y is the consumption function that is consistent with the provided data. The MPC is determined by subtracting the change in consumption from the change in disposable income, which equals 160/200, or 0.8.

Marginal propensity calculation.

$200 billion less $0 billion equals $200 billion in changes to disposable income.

Consumption change equals $210 minus $50, or $160 billion.

MPC = Change in Consumption/Change in Disposable Income, which equals $160 billion/$200 billion and is equal to 0.8.

There is a 0.8 marginal tendency to consume.

Step 2

This is how consumption function is defined.

C = a + bY

Where,

a = Consumption at zero income level

b = MPC

In given case,

$50 billion would be consumed at a level of income zero.

MPC is 0.8

So,

C = 50 + 0.8Y is the consumption function that matches the provided data.

To learn more about consumption function

brainly.com/question/14975005

#SPJ4

4 0
1 year ago
I If you were to advise DreamWorks Classics
motikmotik

<em><u>If I had any advice for DreamWorks Classics, it would be to insist on adopting the 'organic' approach for internationalising Postman Pat.</u></em>

Explanation to the following is as follows;

Postman Pat chronicles the exploits of Pat Clifton, a postal worker for the Royal Mail in the imaginary community of Greendale. This product image is firmly ingrained in British habits and culture; therefore, it is unlikely that Postman Pat would have succeeded if they had followed the ‘born global' path when launching this cartoon.

6 0
3 years ago
Peak performance sporting goods company has reported net income after taxes = $3,750,000, with 18,250,000 shares outstanding. ba
LiRa [457]
<span>The basic earning per a share can be calculated by dividing the net income after taxes by the number of shares outstanding. Thus we have that the basic earning per share is 3,750,000/18,250,000 = .20547 dollars per share. The basic earning per share for peak performance is .205 dollars per share.</span>
7 0
3 years ago
Minden, Mel, and Montana decide to liquidate their partnership. All assets are sold, and the liabilities are paid. Following the
Leto [7]

<u>Answer:</u>

The amount of cash that will be received by Montana is $37000.

<u>Explanation:</u><u> </u>  

                                                 Minden           Mel       Montana

Profit sharing ratio                                 30%             40%            30%

Balances                                                 27000       -12000    43000

Deficiency distrubuted                           -6000      12000    -6000

Cash received by partners                    21000           0            37000    

Minden and Montana have to contribute in their

profit sharing ratio (30% and 30%), i.e., equally.

Therefore, the amount of cash that will be received by Montana is $37000.

4 0
3 years ago
Lower-of-Cost-or-Market Inventory On the basis of the following data, determine the value of the inventory at the lower of cost
ANTONII [103]

In class 2 ., The Model D is the Top/ favorite one having highest market return (24%) with lowest inventory cost ($79)

Explanation:

To Determine the value of the inventory at the lower of cost or market applied to each item in the inventory. simply we should calculate the profit margin for each category

Profit margin =  (market value - cost price) = Profit ÷ cost price × 100

Class 1:

Model A

46 $116 $139  

Profit margin = (139 - 116) = 23  ÷ 116 × 100 = 19.32%

Model B

49 243 239

Profit margin =  (239 - 243)= -4 ÷ 243 × 100 = - 1.65% (loss)

Model C

43 233 252

Profit margin =   (252 - 233) = 19 ÷ 233 × 100 =  8.15%

Class 2:

Model D

37 79 98

Profit margin =  (98 - 79) = 19 ÷ 79 × 100 =  24%

Model E

6 151 130

Profit margin =  (130 - 151) = - 21 ÷ 79 × 100 = -13.91 % (loss)

Result

In class 1

Model A is preferable., It has the lowest inventory value and has highest market value (Returns) at 19.82%

In class 2

Model D is preferable., It has the lowest inventory value and has highest market value (Returns) at 24%

Overall the Model D is the Top/ favorite one having highest market return with lowest inventory cost

3 0
3 years ago
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