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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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It’s really simple she’s doing she’s teaching everybody how to initially a food thing should be good

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blondinia [14]

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5 0
3 years ago
The term used to describe the degree to which tasks in an organization are subdivided into separate jobs is called ________.
mina [271]
B. departmentalization
6 0
4 years ago
When performing a job search, which two of the following tips should you employ in regard to the keywords you use? A. Use five o
abruzzese [7]

Answer:

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4 0
3 years ago
Read 2 more answers
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