Answer:
B) calculate the number of years required for real GDP to double
Explanation:
The rule of 70 calculates the amount of time it takes for an investment to double.
Given the annual rate of economic growth, the rule of 70 calculates the number of years required for real GDP to double.
It is calculated as 70 / annual rate of economic growth.
I hope my answer helps you.
Answer:
C. 2.00
Explanation:
We have been the mean of television sets in a household is 3.5 and the standard deviation was 0.75.
We will use z-score formula to solve our given problem.
, where,
,
,
,
.
Substitute the given values:
Therefore, the standardized value corresponding to 5 televisions would be 2.00 and option C is the correct choice.
Aggregate demand left.
<h3>What Is a Supply Shock?</h3>
A supply shock is an unanticipated occurrence that abruptly alters the supply of a good or commodity, causing an unanticipated shift in price. Supply shocks can be positive, resulting in an increased supply, or negative, resulting in a lower supply; however, they are frequently negative. A negative (or adverse) supply shock drives up the price of a product, whereas a positive supply shock drives it down, assuming that overall demand remains constant.
A shift in the supply curve to the right caused by an increase in output and a positive supply shock lowers prices, whereas a reduction in production and a negative supply shock raises prices. Any unforeseen event that reduces output or upsets the supply chain has the potential to cause supply shocks.
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Answer:
We can say First National Bank has 2 million dollars in required reserves
Explanation:
In order to calculate the required reserves we would have to make the following calculation:
Required reserves = Total reserves - excess reserves = vault cash + deposits with Federal Reserve - excess reserves
vault cash= 4 million dollars
deposits with Federal Reserve= 16 million dollars
excess reserves=18 million dollars
Therefore, Required reserves=4 million dollars+ 16 million dollars-=18 million dollars
Required reserves= 2 million dollars
We can say First National Bank has 2 million dollars in required reserves
Answer:
The side length x=11.40
<u>Step by Step Explanation:</u><u>
</u>
Given:
Two sides of the right angled triangle=7,9
To find:
Side length x
Solution:
Let A,B,C be the sides of the right angled triangle such that
A=9, B=7 and C=?
Side length can be calculated by using Pythagorean Theorem
According to this theorem
Substitute the value of A,B in the above theorem we get
C=11.4
Result:
Thus the side length x =11.40