Answer:
I will have $183536835400 in my savings after 1515 years
Explanation:
Deposit into the savings account = 0.11×$2000020000 = $220002200
Earnings after 1515 years = 0.55×1515×$220002200 = $183316833200
Total amount in savings plan after 1515 years = $220002200 + $183316833200 = $183536835400
Answer:
At the growth rate of 3% per year
Number of years taken to double the GDP = 23.33 years
The the GDP will double ( 23.33 - 20 ) 3.33 years earlier at 3.5% growth rate
Explanation:
According to the rule of 70
Number of years taken to double the GDP = 70 ÷ [ Growth rate ]
Thus,
At the growth rate of 3% per year
Number of years taken to double the GDP = 70 ÷ 3
= 23.33 years
Further
if the growth rate is 3.5% per year
Number of years taken to double the GDP = 70 ÷ 3.5
= 20 years
Hence,
The the GDP will double ( 23.33 - 20 ) 3.33 years earlier at 3.5% growth rate
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<h3>
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Answer: For the real business cycle, technical fluctuation that triggers changes in outputs and employment, while for the Keynesian, income and output depend largely on the volume of employment.
Explanation:
The real business cycle theory assumes that when the market undergoes variation in it's ability to turn inputs into product, there is a technical fluctuation that triggers changes in outputs and employment
While the Keynesian, it's sees business cycles as periodic fluctuations of employment, income and their output. This income and output depend largely on the volume of employment.
Answer:
d. Cash equivalent.
Explanation:
Based on the information provided within the question it can be said that the investment term being described are called cash equivalents. This is one of the three main asset classes within financial investing, with stocks and bonds. Like mentioned in the question it refers to to an investment securities as short term investments that are highly liquid. Such examples include commercial paper and treasury bills.
