Find the annual percent increase or decrease that y = 0.35(2.3)x models.

zheka24 [161]

-animal control
-local road maintenance
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-safe drinking water
-safe building regulations

3 0

3 years ago

If gdp is $20 trillon, how many years will it take for gdp to increase to $40 trillion if annual growth is 10 percent?

ElenaW [278]

It will take 7 years.

Given GDP is $20 trillion and increased GDP is $40 trillion.

Gross domestic product (GDP) is the standard measure of value added generated by the country's production of goods and services over a certain time period. GDP is the total monetary or market worth of all completed products and services produced within a country's boundaries in a certain time period.

As such, it also accounts for the money generated by such output, as well as the overall amount spent on final products and services (less imports).

Time take to reach $40 trillion is to be found.

Formula to find the time taken to reach $40 trillion is given below:

F = P *(1+i) ^t

Here,

F = 40,

P = 20,

I = 10%

Now put the values in the formula given above.

F = 0.1040 = 20 × (1+0.10) ^t(1.10)^t

= 40 / 20

= 2

Taking log both sides t = log 2 / log 1.10

= 7.27 yrs or 7 yrs

Therefore, it will take 7 years.

To know more about GDP click here:

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8 0

1 year ago

Goods are complements if an increase in the price of one causes a __________ in the demand for the other

ASHA 777 [7]

Answer: decreases

Explanation: In simple words, complementary goods are those goods which have negative relation with each other in respect of price and demand. The usage of one good is dependent on other in case of complementary relation.

For example - Petrol and petrol car are complementary goods, if the price of petrol increases the demand for petrol cars will decrease.

Hence we can conclude that the right answer to the given problem is decrease.

7 0

3 years ago

As a service dimension increases in importance, a customer's zone of tolerance _____ and his or her desired and adequate service

MrRa [10]

As a service dimension increases in importance, a customer's zone of tolerance narrows and his or her desired and adequate service levels increase.
Customers who likes service oriented business, will expect that they will be treated as a true king by the business providers. This will make the service provider to increase its level of services and place the customers convenience above all else

7 0

3 years ago

Way Corporation disposed of the following tangible personal property assets in the current year. Assume that the delivery truck

Dvinal [7]

Answer:

ASSET ORIGINAL BASIS RATE PROPORTION DEPRECIATION

Furniture $60,000 8.93% 50% $2679

Machinery $72,000 10.93% 12.5% $983.70

Truck $20,000 19.20% 50% $1920

Machinery $280,000 7.55% 62.5% $48,212.50

Computer $80,000 50% -

TOTAL $53,795.20

Explanation:

Based on the MARCS depreciation table rates:

For a 7-year recovery period under the Half-Year (HY) Convention, in the 5th year rate = 8.93%

For a 7-year recovery period under the Mid-Quarter (MQ) Convention, purchased during the first quarter, in the 4th year rate = 10.93%

For a 5-year recovery period under the Half-Year (HY) Convention, in the 3rd year rate = 19.20%

For a 7-year recovery period under the Mid-Quarter (MQ) Convention, purchased during the fourth quarter, in the 2nd year rate = 27.55%

For disposal during a year,

Under the Half-year convention. The depreciation amount would be half i.e 50% of the total depreciation for the year

Under the Mid-quarter convention the percentage applied to the full year disposal is

12.5% for First Quarter

37.5% for Second Quarter

62.5% for Third Quarter

87.5% for Fourth Quarter

5 0

3 years ago