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gogolik [260]
3 years ago
11

If the annual growth rate in Real GDP is 4 percent, then it will take 25 years for the economy to double in size.

Business
1 answer:
AVprozaik [17]3 years ago
5 0

Answer:

False

Explanation:

The growth of 4% for 25 years would nominally signify a 100% increase and you might think that the economy has double its size. But you must take into account that’s this is a compound growth then the economy would reach the double of its size before 25 years.  

Think that he initial size of the economy is 10 and it grows 4% then an annual growth will be 10,4 now the compound grow is adding up 0,4 to the initial size of 10. Then you recalculate a growth of 4% for the second year this means 10.816 grow.  

If you notice the extra 0.016 increase for the second year is the effect of calculating the 4% increase based on the previous size 10 plus 0.4.

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Gwar [14]

A person that develop plans as well as making recommendations so that software and system needs can be met in an organization is systems analyst.

  • systems analyst can be regarded as a person that utilize his experience in analysis and design techniques to make recommendation in term of needs of the organization.

  • This could be in Tech. industry such as in software and others.

Therefore, systems analyst is correct.

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5 0
2 years ago
John's monthly paycheck consists of $4000 plus a 9% commission on all of his sales. during one month, john earned $11,650. what
Slav-nsk [51]
The first thing you should do for this case is write an equation that allows you to find John's sales during the month.
 Let
 x = amount of money in sales.
 The equation is:
 4000 + 0.09x = 11650
 Clearing x we have:
 0.09x = 11650-4000
 x = (11650-4000) / (0.09)
 x = $ 85,000
 answer:
 his sales during that month were
 $ 85,000
5 0
3 years ago
When evaluating advertising results, what technique can be used to measure consumer's beliefs or feelings about a product before
dolphi86 [110]

When evaluating advertising results, the Attitudinal measure technique can be used to measure consumers' beliefs or feelings about a product before and after exposure to the ad.

<h3>What are Pre-testing and post-testing in advertising?</h3>

Pre-testing and Post-testing. Pretesting is testing the advertisement before running it so that the likelihood of preparing the most effective ads, by allowing an opportunity to detect and eliminate weaknesses or flaws increases. Post-testing is done after the advertisement is run on the media.

Advertising Research – 4 Important Types: Product Appeal, Advertising Message, Advertising Media Selection, and Advertising Effectiveness Research.

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8 0
2 years ago
Bill is creating a flowchart to simulate a simple game of picking between two cards. In which box will he place the sentence "Wh
ra1l [238]

He will place this question in a box that that is under each card color. So say the two colors are red and blue, he will put this question in a box under both colors to have others ask themselves which color it is.

5 0
3 years ago
Brenda owns a store in a small town. The store sells a small range of everyday and impulse products, such as chocolates, magazin
Monica [59]

Answer:

Convenience store

Explanation:

a Convenience store is a retail store that provides a range of everyday products and impulse products. they are usually located in fuelling stations or along busy roads . these stores are usually opened for long hours

3 0
3 years ago
Read 2 more answers
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