1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
natita [175]
3 years ago
13

Pineland and vineland are two nations located in the same region. pineland's real gdp is now growing at a rate of 7% due to aggr

essive government policies while vineland's real gdp is slowly increasing at a rate of 2%. how quickly will it take for pineland's real gdp to double if growth continues at this rate?
Business
1 answer:
Rashid [163]3 years ago
6 0

According to the rule of 70 if a sum of money is invested at a given rate of return, then the approximate number of years after which it will be doubled can be found by dividing 70 with the given rate of return. Thus if real rate of GDP is 7%, then the doubling time of the investment is 70/7 years which is 10 years.

You might be interested in
According to a 2002 article in USA Today that was discussed in chapter 5, a researcher has found that 11 of the 15 largest compa
lawyer [7]

Answer:

interlocking directorates

Explanation:

5 0
3 years ago
Which best describes the Business, Management, and Administration career cluster? These are careers that are focused on running
umka21 [38]

Answer:

These are careers that are focused on running businesses.

Explanation:

The business management and administration career cluster are careers that are focused on the running of businesses. What it does is to help students prepare for effective and good careers on the processes of running good and productive businesses. It has several career pathways to follow in achieving this.

3 0
3 years ago
Read 2 more answers
Consider the following two stocks, A and B. Stock A has an expected return of 10% and a beta of 1.20. Stock B has an expected re
mina [271]

Answer: Stock B

Explanation:

Use CAPM to calculate the required returns of both stocks.

Stock A

Required return = Risk free rate + beta * ( Market return - risk free rate)

= 5% + 1.20 * (9% - 5%)

= 9.8%

Stock B

Required return = 5% + 1.8 * (9% - 5%)

= 12.2%

Both of them have Expected returns that are higher than their Required returns so both of them are good buys.

The better buy would be the one that has more expected value excess over required return.

Stock A excess = 10% - 9.8% = 0.2%

Stock B excess = 14% - 12.2% = 1.8%

<em>Stock B offers a higher excess and is the better buy. </em>

7 0
3 years ago
When would a business owner have the incentive to raise prices?
belka [17]
The value of the item. ‍♀️
6 0
3 years ago
Andrews Company manufactures a line of office chairs. Each chair takes $14 of direct materials and uses 1.9 direct labor hours a
kobusy [5.1K]

Answer:

Chair unit cost:                 $    49.72

Total cost for 675 chairs: $  33,561

Explanation:

Direct Materials:                                                                   $  14.00

Direct Labor:   1.9 hours x $16 labor cost:                           $ 30.40

Overhead:

1.9 labor hours x ($ 1.6 variable rate + $ 1.20 fixed rate) = $<u>  5.32  </u>

                                          Total unit cost:                             $ 49.72

Cost to produce 675 chairs:

675 charis x $ 49.72 per chair = $ 33,561‬

4 0
3 years ago
Other questions:
  • In the past six months, Supplier has made late deliveries to many customers and a good portion of the goods delivered have been
    9·1 answer
  • (BRAINLIST!!!!!)
    10·2 answers
  • The management of Kabanuck Corporation is considering dropping product V41B. Data from the company's accounting system appear be
    14·1 answer
  • Pina Colada Corp. lends Sheffield industries $56400 on August 1, 2022, accepting a 9-month, 6% interest note. If Pina Colada Cor
    11·1 answer
  • 7. on an average hourly basis, how much does butcher enterprises spend on wages and benefits, respectively, in dollars?
    15·2 answers
  • Can y’all help me figure this out. I ordered something off amazon and the order has been placed but then my account got locked a
    6·1 answer
  • Private investment as a share of the economy tends to be higher in countries with ___ levels of economic freedom.
    11·1 answer
  • Lorenzo Company uses a job order costing system that charges overhead to jobs on the basis of direct materials cost. At year-end
    14·1 answer
  • Karla bought her dress for the recital not because she liked the color and style, but because it made her feel good about hersel
    5·1 answer
  • Most real-world choices aren't about getting all of one thing or another, instead, most choices involve _________________, which
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!