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
musickatia [10]
3 years ago
15

Using the Rule of 70, if Slowland's GDP grows at 2% per year and Speedyland's GDP grows at 5% per year, how much quicker will Sp

eedyland double its GDP compared to Slowland?
a. Speedyland will double its GDP 35 years quicker than Slowland.
b. Speedyland will double its GDP 21 years quicker than Slowland.
c. Speedyland will double its GDP 14 years quicker than Slowland.
d. Speedyland will double its GDP 3 years quicker than Slowland.
Business
1 answer:
Solnce55 [7]3 years ago
6 0

Answer:

b. Speedyland will double its GDP 21 years quicker than Slowland.

Explanation:

According to the rule of 70, it tells about the number of years to double

For Slowlands

= 70 ÷ 2

= 35

For speedyland

= 70 ÷ 5

= 14

So if we take the difference than it comes

= 35 - 14

= 21

Hence, the correct option is b and the same is to be considered

And all other options are wrong

You might be interested in
Which of the following would be considered the highest risk portfolio
algol [13]
The option that would be considered the highest risk portfolio is a<span> portfolio made up of 60% stocks, 30% mutual funds, and 10% Treasury bonds.
There is a lot of risks when investing in anything, because you pay a lot of money for something that may not be a wise idea, because in the end, you may lose a lot more than you get.
</span>
3 0
4 years ago
Read 2 more answers
Service perishability means that ________.
vichka [17]

Answer:

C because Perishability is used in marketing to describe the way in which service cannot be stored for sale in the future

6 0
3 years ago
Gremlin Industries will pay a dividend of $ 1.55 per share this year. It is expected that this dividend will grow by 7​% per yea
sasho [114]

Answer: 14%

Explanation:

We can calculate this using the Gordon Growth Model which looks like this,

P = D1 / r - g

P is the current stock price

D1 is the next dividend

r is the rate of return or the cost of capital

g is the growth rate.

We have all those figures except the cost of capital so making r the subject of the formula we can solve for it. Doing that will make the formula,

r = D/ P + g

r = 1.55 / 22.10 + 0.07

r = 0.1401

r = 14%

14% is the equity cost of capital.

If you need any clarification do react or comment.

3 0
3 years ago
Read 2 more answers
Paul says to Miguel, "Did you get an interview with Bubbling Creek Realty? They haven't called me." Miguel does not want to tell
andrey2020 [161]

Answer:

changing the subject                                

Explanation:

In simple words, changing the subject refers to the method of privacy setting under which an individual  who does not want to take about a particular issue with the other tries to persuade the other by starting a new topic which might be more interesting.

That issue could be of more importance to the other individual or he or she might be an expert who will get the chance to show their knowledge. This technique is more effective withe hyper active people who talk a lot.

4 0
3 years ago
Read 2 more answers
A truck driver fell asleep at the wheel and his freight truck tipped over, leaking ammonia into the air and requiring an evacuat
Katena32 [7]
They both could be working together to find out how and when the truck driver would have fallen asleep and what could have caused him to fall asleep. Next, they could both figure out if the ammonia was in sealed containers and if not why. You could even come to the conclusion of the ammonia could have leaked from the containers and exposed the driver putting him to sleep. 
8 0
3 years ago
Other questions:
  • The institution-based view driving alliances and acquisitions focuses on _____ concerns.
    13·1 answer
  • Bob inspires his employees to follow a vision, facilitates change, and creates a strongly positive climate, all while stressing
    7·1 answer
  • Benefit of family buisness​
    5·1 answer
  • Kim runs a restaurant. She expects her employees to deliver excellent customer service. As a result, the employees often feel pr
    14·1 answer
  • You are a speculator who sells a call option on Swiss francs for a premium of $.06, with an exercise price of $.64. The option w
    14·1 answer
  • A factory machine was purchased for $216000 on January 1, 2022. It was estimated that it would have a $40000 salvage value at th
    10·1 answer
  • What is the primary purpose of job specialization A. Regional self-sufficiency B. Increased consumer income C. Increased margina
    5·1 answer
  • I need help with this, I am super confused. <br><br> Giving Away extra points for this.
    15·1 answer
  • What is Management???​
    11·2 answers
  • how might an interactive leader like mary barra communicate a policy change that impacts all gm employees from executive-level m
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!