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horrorfan [7]
3 years ago
15

First, find if a country's RGDP grows on average at 3% per year, how long will it take for this country to double its RGDP. If,

instead, the RGDP average growth rate increases to 3.5%, how many years earlier will this country double its RGDP?This country will double its RGDP_____ years earlier. Round up your answer to the second decimal.
Business
1 answer:
sasho [114]3 years ago
6 0

Answer:

At the growth rate of 3% per year

Number of years taken to double the GDP = 23.33 years

The the GDP will double ( 23.33 - 20 ) 3.33 years earlier at 3.5% growth rate

Explanation:

According to the rule of 70

Number of years taken to double the GDP = 70 ÷ [ Growth rate ]

Thus,

At the growth rate of 3% per year

Number of years taken to double the GDP = 70 ÷ 3

= 23.33 years

Further

if the growth rate is 3.5% per year

Number of years taken to double the GDP = 70 ÷ 3.5

= 20 years

Hence,

The the GDP will double ( 23.33 - 20 ) 3.33 years earlier at 3.5% growth rate

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The following are national income account data for a hypothetical economy in billions of dollars: gross private domestic investm
DaniilM [7]

Answer:

The answer is C)$3,237

Explanation:

GDP = private consumption + gross investment + government investment + government spending + (exports – imports).

GDP C+ I + G + (X_M)

GDP= 2460 + 320 + 470 + (22-35) = 3237

4 0
3 years ago
Xyz company makes one product and has calculated the following amounts for direct labor: ah x ar = $84,000; ah x sr = $83,000; s
labwork [276]

Answer:

1,000 Unfavorable

Explanation:

AH x AR = $84,000;

AH x SR = $83,000;

SH x SR = $85,000.

Compute the labor rate variance

then,

($84,000 - $83,000) = 1,000 Unfavorable

To learn more about labor cost variance, refer

to brainly.com/question/24553900

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8 0
2 years ago
State two ways by which hotels may promote sales during the off season​
Svetlanka [38]

Answer:

  • Use off-season imagery on your website. ...

  • Create content dedicated to the off-season. ...

  • Build content around weddings, meetings, sporting events. ...

  • Update your ad copy with off-season friendly verbiage. ...

  • Create campaigns that market off-season amenities...

Explanation:

Hope it helps u

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4 0
3 years ago
Determine whether the following would be reported in the financing activities section of the statement of cash flows and, if so,
Marat540 [252]

While you buy a bond, you're loaning cash to both a government and a corporation. whilst these entities first difficulty the bonds, they're bought at "par", which means you lend, say, $a hundred, and at the adulthood of the bond, you'll acquire $100 lower back. at the time of the difficulty, the coupon charge is also set, primarily based on modern-day interest quotes and the entity's credit score. This determines the yearly or semiannual quantity you will acquire when buying the bond.

A bond can be bought on the secondary market before adulthood. however, the price of this bond will promote greater than par (i.e. a premium) if present-day interest quotes decrease than what they had been while the bond was issued and less than par if interest fees have gone up (i.e. a reduction).

An example, a bond is issued these days, maturing in 10 years with an annual coupon of five%. In 5 years, hobby fees have risen to 7%, so someone shopping for the bond with a five% coupon would demand a discount at the face price (in any other case, they could just buy the 7% bond at par).

Learn more about bond here: brainly.com/question/25965295

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7 0
2 years ago
According to recent market research, Google is one of the most valuable brands in the world. According to this research, the com
liq [111]

Answer:

The correct answer is letter "D": brand equity.

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Brand equity is the value a company gains from its name recognition. To ensure customer loyalty the brand equity so valuable, companies must consistently produce quality products. This creates loyal customers who are willing to pay more for a preferred brand.

5 0
3 years ago
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