Answer: c. small changes in economic growth rate lead to large GDP changes over time.
Explanation:
If there is even a small change in the rate at which the economy is growing, this increase will increase by even more the year afterward and then even more as time goes on. This is because the interest is being compounded overtime.
Look at the future value formula that shows compounding for instance:
Future value = Amount * (1 + rate) ^ number of periods
Assume even a change of 2% in the growth rate. In 30 years, this rate would have increased the economy by:
= 1 * ( 1 + 2%)³⁰
= 1.81
Which is a rate of:
= 1.81 - 1
= 81%
What started off as only 2% became 81% in 30 years. This is what compounding does.
Answer:
In simple words, implementation process refers to the stage under which the strategies and plans are converted into actions. This is one of the main stages as the overall result depends highly on this stage.
In this stage, the supervisor should make sure that the workers are giving their fullest for the job, are the resources needed to perform the job available in adequate quantity.
The best way to implement any strategy is to make short goals with short time periods and evaluate each phase if he team is performing up to the mark.
Answer:
Future value = $14090
Explanation:
Below is the given values:
Present value of deposits = $10000
Interest rate = 7.1%
Time period = 5 years
Future value = Present value (F/P, r, n)
Future value = 10000 (F/P, 7.1%, 5)
Future value = 10000 x 1.409
Future value = $14090
Answer:
D.) producer surplus equals the total amount firms receive from consumers minus the cost of production
Answer: d) Dutch auction
Explanation:
Dutch Auction refers to a type of Public Offering in which the issuing company holds a sort of auction and receives bids on the shares that it has in. Using these bids they are able to set a price for the stock which is the highest price received.
However, the bids are based on the amount an investor can buy in terms of quantity and price. The lowest acceptable bid is then charged on all the stock and is called the Uniform auction price which is what Blue Stone paid thereby making this a Dutch Auction.
