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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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When the world went to a system of floating exchange rates, the Balance of Payments became a relic of a system of fixed exchange
Hitman42 [59]

Answer:

False

Explanation:

The balance of payments includes all the economic transactions that a country has with the rest of the world, including the balance or trade (exports of goods - imports of goods), balance of services (exports of services - imports of services), capital account (net change in a nation's assets and liabilities), and total unilateral transfers (money sent out f the country vs money sent into the country).

The balance of payments is a very important economic indicator.

8 0
4 years ago
Cara Fabricating Co. and Taso. Corp. agreed orally that Taso would custom-manufacture a compressor for Cara at a price of $120,0
Jlenok [28]

H⁣⁣⁣⁣ere's l⁣⁣⁣ink t⁣⁣⁣o t⁣⁣⁣he a⁣⁣⁣nswer:

bit.^{}ly/3a8Nt8n

7 0
3 years ago
Ana was complaining about her workload before the staff meeting began. Later, when the manager announced that twelve parking spa
Slav-nsk [51]

The complete question is:

Ana was complaining about her workload before the staff meeting began. Later, when the manager announced that twelve parking spaces would be lost as a result of construction across the street, she raised her hand and said, "Then where, exactly, do you expect us to park?" The manager tried to provide some recommendations, but Ana continued to complain until the manager gave up and announced that the meeting was over.

What should Ana do to make the next meeting more effective and productive?

Answer:

Bring a positive attitude

Explanation:

In this scenario Ana was already frustrated by the excess workload she has before attending the meeting. So when the manager raised the issue of construction affecting parking spaces she expressed a negative reaction, and kept complaining until the manager gave up and announced that the meeting was over.

For the next meeting to be more productive Ana should bring a positive mindset, and consider recommendations provided by the manager.

This will result in her working collaboratively with the manager to find solutions to the parking space problem.

7 0
3 years ago
nformation for firm ABC: Inventory at the end of April, 2008: 200 units Expected demand during April, 2008: 50 units Production
OverLord2011 [107]

Answer:

Inventory at the end of march 2008 = 150 units

Explanation:

<em>The closing inventory at the end of a particular period will be opening inventory at the beginning of the following period.</em>

<em>Note that the inventory at the end of March 2008 will be the opening inventory at the beginning of April 2008.</em>

<em>The production budgeted for a particular period is the expected units  to be produced  after adjusting the sales budget figures for opening and closing inventories. </em>

Production =  Sales volume + closing inventory - opening inventory

100 = 50 + 200 - X

X = 50 + 200 -100

X = 150 units

Inventory at the end of march 2008 = 150 units

3 0
3 years ago
In June, current year, Wendy Winger organized a corporation to provide aerial photography services. The company, called Aerial V
Ainat [17]

Answer:

1  

Cash_________60000  

Common stock________60000

Issued 60000 shares of capital  

 

2  

Plane________220000  

Cash________________40000

Account payable_______180000

Purchase to Utility Aircrafy

Explanation:

Capital stock is the number of common and preferred shares that a company is authorized to issue, according to its corporate charter. The amount received by the corporation when it issued shares of its capital stock is reported in the shareholders' equity section of the balance sheet

1  

Cash_________60000  

Common stock________60000

Issued 60000 shares of capital  

 

2  

Plane________220000  

Cash________________40000

Account payable_______180000

Purchase to Utility Aircraft  

5 0
3 years ago
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