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
Masja [62]
3 years ago
5

T/F There may be occasional reasons to go into debt, like real emergencies.

Business
1 answer:
s2008m [1.1K]3 years ago
4 0
True, but could you elaborate on this ?
You might be interested in
What is the purpose of money? (1 point) it makes trading goods and services more efficient. it gives the government a way to tra
Natali5045456 [20]

it makes trading goods and services more effective i just took the test and got it right

4 0
3 years ago
Read 2 more answers
Consider two scenarios for a nation's economic growth. Scenario A has real GDP growing at an average annual rate of 3.5 percent;
WARRIOR [948]

Answer:

20 years (scenario A) and 16 years (scenario B)

Explanation:

The real GDP will double in "n" number of years, with "n" estimated by interpolation using the formula below.

current GDP * (1+Growth Rate)^{n} = 2 * current GDP

In the solutions below, we assumed current GDP to be 1, and as a result, the GDP will double to 2.

Scenario A

1 * (1+0.35)^{n} =2

When you substitute 20 for "n" in the left hand side (LHS) of the equation, you will arrive at 1.99 which is approximately equal to 2. Any number below 20 will result in a number less than 2.

Thus, with an average annual real GDP growth rate of 3.5%, real GDP will double in about 20 years.

Scenario B

1 * (1+0.45)^{n} =2

When you substitute 16 for "n" in the left hand side (LHS) of the equation, you will arrive at 2.02 which is approximately equal to 2. Any number below 16 will result in a number less than 2.

Thus, with an average annual real GDP growth rate of 4.5%, real GDP will double in about 16 years.

6 0
3 years ago
How is the dual credit program different from the AP program?
olga55 [171]

AP courses are part of the College Board organization that requires students to take a rigorous test at the end of the course to potentially earn college credit. A dual credit course on the other hand is an official course at Loyola University Chicago.

3 0
3 years ago
Read 2 more answers
Why might a customer prefer a discount over a sweepstake?
yuradex [85]
D because a discount is an upfront guaranteed incentive
6 0
3 years ago
Which of the following is a major difference between the​ AD-AS model and the dynamic​ AD-AS model? The dynamic​ AD-AS model ass
const2013 [10]

Answer:

D

  • Potential GDP increases​ continually, while the​ AD-AS model assumes the LRAS does not change.

5 0
3 years ago
Other questions:
  • Suppose you observe the following situation: State of Economy Probability of State of Economy Rate of Return if State Occurs Sto
    12·1 answer
  • Which statement defines externality?
    15·1 answer
  • Negative feedback received during the final evaluation of the decision indicates:______A. the decision was a bad one. B. impleme
    7·2 answers
  • Of the following mortars, type ____ is the strongest
    7·1 answer
  • Allowance for Doubtful Accounts has a credit balance of $500 at the end of the year (before adjustment), and uncollectible accou
    11·1 answer
  • A fundamental analysis is reviewing a corporation's income statement. For the period, the company reported net sales of $10 mill
    6·1 answer
  • What is job description​
    9·1 answer
  • Kelly Company sells its only product for $250 per unit. It has variable costs of $90 per unit. Annual fixed operating costs amou
    12·1 answer
  • Carla Vista Co. bought a machine on January 1, 2017. The machine cost $180000 and had an expected salvage value of $27000. The l
    14·1 answer
  • What is a product mix ?
    8·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!