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
adoni [48]
3 years ago
9

Real per capita GDP in Singapore in 1960 was about $450, but it doubled to about $900.00 by 1977. a. What was the average annual

economic growth rate in Singapore over the 17.00 years from 1960 to 1977? (NOTE: Round this to two places past the decimal point.)
Business
1 answer:
aleksandrvk [35]3 years ago
6 0

Answer:

4.16%

Explanation:

to calculate Singapore's economic growth rate we can use the future value formula (we could also use the rule of 72 but it is not very exact):

future value = present value x (1 + r) ⁿ

  • future value = 900
  • present value = 450
  • n = 17
  • r = ?

900 = 450 (1 + r)¹⁷

(1 + r)¹⁷ = 900 / 450 = 2

1 + r = ¹⁷√2 = 1.0416

r = 1.0416 - 1 = 0.0416 or 4.16%

You might be interested in
When a project has a positive total slack, some activities can be ________ without jeopardizing completion of the project by its
Art [367]

Answer:

Delayed, accelerated

Explanation:

Total or aggregate slack, is the term which is defined for the activity, is the time that this activity could delayed without impacting on the final date of the project.

It can be computed as the:

Smaller value of Late finish - Early finish field

and

Late start - Early start field

So, when project has positive total slack, few activities delayed the completion of project and when the project has negative total slack, then few activities accelerated to finish the project.

4 0
3 years ago
Premier Sports Inc has a beginning PBO balance of​ $628,000 and a beginning market-related value of plan assets of​ $560,000. Th
eimsori [14]

Answer:

Correct answer is D.

$4375

Explanation:

Amortization of actuarial gain or losses = Net actuarial gain/remaining service life

= 87500/20

Amortization of actuarial gain = $4375

6 0
3 years ago
Macroeconomics focuses on the behavior of? individual consumers. a specific market. the overall economy. government agencies.
kobusy [5.1K]

The given statement is false.

A subfield of economics called macroeconomics focuses on aggregate units. It concentrates on factors such as total supply, demand, investment, national income, etc. Macroeconomics examines the overall level of prices.

The units of the individuals are the focus of microeconomics. It focuses on the behavior of various economic agents such as individual customers, companies, or specific markets. Microeconomics examines the level of individual prices.

In order to study the behavior of entire economies, macroeconomics looks at aggregate indicators like the general level of prices, the unemployment rate, and the production of the whole economy. Microeconomics is the study of market behavior.

Hence, the above statement is false.

For more questions related to Macroeconomics and Microeconomics visit the link below:

brainly.com/question/11362533?referrer=searchResults

#SPJ4

4 0
2 years ago
What is a secured loan
Anon25 [30]
" A secured loan is, a loan in which borrower pledges some asset as calateral for the loan, which them becomes a secured dept owned to the creditor who gives the loan."
8 0
3 years ago
Read 2 more answers
Polar bears in captivity exhibit obsessive patterns of behavior such as pacing back and forth on the same spot, swinging their h
kherson [118]

Answer:

c. Stressed polar bears exhibit obsessive patterns of behavior.

Explanation:

  • If a polar bear is bred in captivity they show an obsessive pattern of behavior.
  • Such as the passing of the back and forths on the same spot and swimming on their heads from side to side.
  • And also use their paws to repeatedly strike their heads as a sign of stress. This shows that they don't do well in captivity.
5 0
3 years ago
Other questions:
  • Prepare a statement of revenues, expenses, and changes in fund net position. The net position balance at the beginning of the pe
    15·1 answer
  • The primary goal of the federal reserve system is to
    14·2 answers
  • Sam wants to grow in his current role, and he decides to take a three-month skill enhancement course.
    14·1 answer
  • Restaurant A uses 60 bags of potatoes each month. The potatoes are purchased from a supplier for a price of $80 per bag and an o
    8·1 answer
  • Today, the economic systems of most nations could most accurately be classified as:
    10·1 answer
  • using the information below compute the cycle efficiencyDays' sales in accounts receivable 15daysDays' sales in inventory 72days
    8·2 answers
  • Nadia's credit card has an APR of 12.18% and a grace period of 17 days, and Nadia pays her balance in full every month. If her l
    9·1 answer
  • All of the following will occur if the government places an effective price ceiling on candy bars except:
    6·1 answer
  • Determine how each event affects the position of the long-run aggregate supply (LRAS) curve.
    6·1 answer
  • A normal cost system applies overhead to jobs ________.
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!