1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
almond37 [142]
2 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]2 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.

You might be interested in
Name three factors that can contribute to increased productivity in a country?
ale4655 [162]
Natural Resources. The discovery of more natural resources like oil, or mineral deposits may boost economic growth as this shifts or increases the country's Production Possibility Curve. ...
Physical Capital or Infrastructure. ...
Population or Labor. ...
Human Capital. ...
Technology. ...
Law.
6 0
3 years ago
Determine the finance charge on a 8,000 loan with a monthly payment of 162,80 for 60 months
Fittoniya [83]
Well 162,80 divided by 8,000 is 2.035 so thats going to be your answer hope this helps
5 0
3 years ago
Houston Pumps recently reported $172,500 of sales, $140,500 of operating costs other than depreciation, and $9,250 of depreciati
Xelga [282]

Answer:

b. $4,213

Explanation:

Net Operating Profit = Sales - Operating costs - Depreciation Expenses

Net Operating Profit = $172,500 - $140,500 - $9,250

Net Operating Profit = $22,750

Free Cash Flow (FCF) = Net Operating Profit After Tax(NOPAT) – Capital Expenditures – Changes in Net Working Capital

Free Cash Flow (FCF) = Net operating income*(1 - Tax Rate) + Depreciation Expenses - Capital Expenditures - Changes in Net Working Capital

Free Cash Flow (FCF) = $22,750 *(1 - 0.25) + $9,250 - $15,250 - $6,850

Free Cash Flow (FCF) =  $22,750 *0.75) + $9,250 - $15,250 - $6,850

Free Cash Flow (FCF) = $17,063 + $9,250 - $15,250 - $6,850

Free Cash Flow (FCF) = $4,213.

6 0
2 years ago
Suppose the marginal cost curve in the short run first decreases and then increases. If marginal cost is decreasing, _____ must
In-s [12.5K]

Answer: D. marginal product; increasing; average variable cost; decreasing

Explanation:

The Marginal product curve is hump-shaped and the marginal cost curve is U-shaped because these two move in opposite directions to each other.

If the marginal cost is decreasing therefore, the marginal product must be increasing. If the marginal cost is decreasing and the marginal product is increasing, average variable cost will have to fall because every additional unit produced incurs less cost so the average has to fall as well.

6 0
3 years ago
A monopolist has the total cost function c(q) = 750 + 5q. The inverse demand function is 140 - 7q, where prices and costs are me
Ierofanga [76]

Answer:

d. the firm will lose $750

Explanation:

marginal cost is the derivate of the cost function: It represent the cost of producting an additional unit

cost: 750 + 5q

dC/dQ = 5

We have determinate that marginal cost is $5 thus, we should price at the same value. The mistake from the goverment is to equalize marginal cost with price instead of marginal revenue.

This will make the firm loss the fixed component of the cost as will sale to pay up the variable cost.

The fixed cost is $750 so that is the loss from operations

4 0
3 years ago
Other questions:
  • Which of the following is TRUE regarding​ computer-aided design?
    12·1 answer
  • A negative result of high tariffs is that they can sometimes lead to
    9·1 answer
  • In the Boston Consulting Group's Growth Share Matrix, the relative competitive position of a product or division is defined as i
    9·2 answers
  • Marginal benefit is a gain from an increase or loss from a decrease in the consumption of a good or service. Marginal benefit is
    14·2 answers
  • Which of the following represents a primary task and a dependent task?
    9·2 answers
  • You are working on a team whose mission is to reduce the time it takes to deliver customer orders Your team is examining all ste
    9·1 answer
  • Kleener Co. acquired a new delivery truck at the beginning of its current fiscal year. The truck cost $52,000 and has an estimat
    15·1 answer
  • Transactions Innovative Consulting Co. has the following accounts in its ledger: Cash, Accounts Receivable, Supplies, Office Equ
    13·1 answer
  • ___ are costs that don't show up as part of the market price for a product.
    11·2 answers
  • When your influence as a manager is multiplied far beyond the results that can be achieved by just one person acting alone, you
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!