The rule of 70 is a technique used to forecast how many years would take to a variable to double its value. It consists on dividing number 70 by the growth rate of the variable of interest, which in this case is the GDP of countries A and B.
According to the rule of 70, let's compute how long will take for the GDP of each country to double:
- Country A: 70/2.8= 25 years
- Country B: 70/1.4= 50 years
As the growth rates are constant, it is possible to compute the exact value of the GDP of each country in 100 years time using the number of years for output duplication.
- Country A duplicates its growth every 25 years. Hence, it will happen 4 times in 100 years. In year 25, the output will be $100,000. In year 50, it will duplicate again and reach $200,000. The third duplicate will take place in year 75 and GDP will sum $400,000. Finally, in year 100 it will duplicate one last time and country A will end up the century with a GDP per capita of $800,000.
- Country B duplicates its growth every 50 years. Therefore, it will happen twice in 100 years. In year 50, the output will be $100,000. In year 100, the last duplicate will take place, and country B will end up with a GDP per capita of $200,000.
Answer:
Heretic
Explanation:
<u>A heretic is a person whose opinions, beliefs and views go against the church’s teachings. They do not conform to the established dogmas and doctrines, and sometimes violets the church’s rules.</u> Heresy does not mean to completely reject the religion and cause, but simply to go against the main established ideas.
While it does exist in various religions, it is mostly tied to Christianity. As such, <u>it has been condemned in the New Testament and the church has often punished those who are considered to be heretics in the past</u>. During the twelfth century, the Catholic church established the Inquisition who would hunt down and punish heretics. There were many executions as the result, the majority of them being Jewish and Muslim people.
Answer: c) presents the good news immediately.
Explanation: The claim that is raised by the customer must be considered for the evaluation and understanding the problem of the customer or customer's product . Business communicator should always reply the adjustment message starting with the good news so that customer can be satisfied by the business services.
Other options are incorrect because it does not explains business position, friendly interaction is not presented and summary of the claim is not represented in adjustment message.Thus, the correct option is option(c).
I think the right answer is the third one