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
Your company repairs household appliances such as microwaves, dishwashers, and clothes dryers. Your manager, Naomi, is excited a
muminat

Answer:

bbb

Explanation:

bbb

5 0
2 years ago
Read 2 more answers
Why are hedge funds considered a high-risk form of investment?
emmainna [20.7K]

Answer:B

Explanation:

Took the test

5 0
3 years ago
Read 2 more answers
At a computer-consulting firm, the number of new clients that they have obtained each month has ranged from 0 to 6. the number o
Rudiy27

Answer:

3.05

Explanation:

The computer consulting firm is analyzing the performance of its company based on new clients each month. The data is given for six months and the probability distribution for number of new clients per month that the company has gained. The probability sum equals to 1 for the six months. The variance distribution is the squared value of each the difference by the mean. values of probability are squared and then their sum is taken to calculate variance deviation.

4 0
3 years ago
One reason why a blanket obligation for all employees to obey their employers no matter what is unreasonable is that the choice
Serjik [45]

Answer:TRUE

Explanation:COERCIVE FORCE is a force applied to a person or a group of persons in order to make them carry out an involuntary action or actions. It is used by employers of labor in order to mandate their employees to carry out certain activities. All Employees are required by their employers to obey the rules and regulations guiding the establishment even when it is not based on the interest of the employees.

3 0
3 years ago
Which of the following factors in productiservice planning affects product protection, product image, and indentification of the
CaHeK987 [17]

Answer:

A: D

Explanation:

6 0
3 years ago
Other questions:
  • The Clipper Corporation had net operating income of $380,000 and average operating assets of $2,000,000. The corporation require
    15·1 answer
  • While examining cash receipts information, the accounting department determined the following information: opening cash balance
    10·1 answer
  • Free market economies distribute goods and services than command economies.
    11·1 answer
  • Firms are able to price discriminate A. when there is full information about quality available to all customers. B. when all cus
    8·2 answers
  • If the amount of effort and attention to products varies substantially throughout a company's various manufacturing operations,
    7·1 answer
  • Economic responsibility is the ___________ responsibility of a business enterprise as it relates to production of goods and serv
    5·1 answer
  • A not-for-profit art museum that has elected to capitalize its art collection receives a donation of a rare piece of Native-Amer
    12·1 answer
  • Explain the following words
    7·1 answer
  • Sarah pays $48.00 each month to keep her house insured. if her house is valued at $223,050, about how much is sarah paying per $
    12·1 answer
  • the common stock of salazar insurance pays a constant annual dividend of $4.80 per share. what is one share of this stock worth
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!