Manny has just filled out his deposit ticket for his savings account. he hands it to the teller and the teller hands it back to
2 answers:
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Answer:
11.36%
Explanation:
Given:
Selling cost of the stock at the beginning of the year = $22
Selling cost of the stock at the End of the year = $24
Dividends received = $0.50 per share
Thus,
The actual amount received at the end of the year
= Selling cost of the stock at the End of the year + Dividends received
= $24 + $0.50
= $24.50
thus,
the interest received = $24.50 - $22 = $2.50
therefore, the rate of interest =
or
the rate of interest =
or
the rate of interest = 11.36%
Answer:
Answer for the question:
Assume that the hypothetical economy of Molpol has 8 workers in year 1, each working 1,200 hours per year (40 weeks at 30 hours per week). The total input of labor is 9,600 hours. Productivity (average real output per hour of work) is $10 per worker
Instructions: In parts a and b, round your answers to the nearest whole number. In part c, round your answer to 2 decimal places.
a. What is real GDP in Molpol? Suppose work hours rise by 2 percent to 9,792 hours per year and labor productivity rises by 5 percent to $10.5
b. In year 2, what will be Molpol's real GDP?
c. Between year 1 and year 2, what will be Molpol's rate of economic growth? percent
Is given in the attachment.
Explanation:
