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3 years ago

The point on the business cycle where real GDP reaches its highest level is known as the________.

1 answer:

8 0

The choices can be found elsewhere and as follows:

a) Summit
b) Appogee
c) Peak
d) Maximoid

I believe the correct answer is option D. The point on the business cycle where real GDP reaches its highest level is known as the Maximoid. Hope this answers the question. Have a nice day.

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Someone who provides you with recommendations related to your money and investments would be called a...

IgorC [24]

Investor is the answer. Hope this helps!

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3 years ago

Which of these is an example of the broad economic goal of growth? A. Bank failures spark a wave of new loan regulations by the

forsale [732]

“The federal government awards technology development contracts to U.S. businesses” is an example of the broad economic goal of growth.

Equity or economic equality is the concept or idea of fairness in economics, particularly in regard to taxation or welfare economics.

The correct answer between all the choices given is the third choice or letter C. I am hoping that this answer has satisfied your query and it will be able to help you in your endeavor, and if you would like, feel free to ask another question.

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2 years ago

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Manuel Rios wishes to determine how long it will take an initial deposit of $13 comma 000 to double. a. If Manuel earns 9% ann

Lorico [155]

Answer:

See Below

Explanation:

This is a problem of compound interest. The formula is:

$F=P(1+r)^t$

Where

F is the future value

P is the present value

r is the rate of interest

t is the time in years

P = 13,000

To double his money, that means, F = 26,000

Now, r = 9% = 0.09, so time it takes:

$F=P(1+r)^t\\26,000=13,000(1+0.09)^t\\2=1.09^{t}\\t=\frac{Ln(2)}{Ln(1.09)}\\t=8.04$

So, its gonna take about 8.04 years to double

Similarly, here we just use r = 0.06, so the calculation is:

$F=P(1+r)^t\\2=1.06^t\\t=11.9$

So, its gonna take about 11.9 years to double

Here, the r is 11% or 0.11

So, the time it will take:

$F=P(1+r)^t\\2 = 1.11^t\\t=6.6$

So, it is going to take about 6.6 years to double

The amount of time it takes to double his money decreases as the interest rate increases and the time increases as interest rate decreases.

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3 years ago

A situation in which the design or operation of a control does not allow management or employees, in the normal course of perfor

Helen [10]

Answer: (A) Control deficiency

Explanation:

The control deficiency is the type of situation in which the operation and the designing of the control are not allowing the management and an employee performing the various type of assigned function.

The control deficiency process occur when the person are involving with the authority in the transaction cycle.

This situation is usually occur in an larger type of an organization. The deficiency may be on the financial report that control internally.

Therefore, Option (A) is correct.

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3 years ago

How can I become a millionair

Crank

Lots of ways pick a subject and try hard.

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3 years ago

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