Answer:
10.4%
Explanation:
In macroeconomics class we are told that if an economy grows by 10%, it will take them 7 years to double its size.
The answer is not exactly 10%, but it's pretty close:
(1 + x%)⁷ = 2
1 + x% = ⁷√2
1 + x% = 1.104
x% = 1.104 -1 = 0.104 or 10.4%
We can check the answer: 1.104⁷ = 2
Answer:
The correct answer is option D.
Explanation:
NDP or net domestic product is calculated by deducting depreciation from GDP or gross domestic product.
Gross domestic product is the measure of final goods and services produced in an economy in a given time period, generally a year.
Gross domestic product will be the sum of consumption, investment, government expenditure and net exports.
NDP
=GDP-Depreciation
=$(16-1)
=$15 trillion
So, NDP is $15 trillion.
Answer:
Explanation:
El conservadurismo social o socialconservadurismo es esa parte del pensamiento conservador que se refiere a la ideología o una creencia personal, que sugiere que el individuo es un ente eminentemente social y que, como tal, no puede ser concebido sino en relación a una comunidad, especialmente a los aspectos morales
Answer:
2.4
Explanation:
Turnover is a concept in accounting that calculates how quickly a business conduct its operation.
The equation below will be used to calculate the turnover.
Turnover = Sales / Average operating assets
= $16,800,000 / $7,000,000
= 2.4
Answer:
$300 million
Explanation:
Data provided in the question:
Required reserves by commercial bank = $60 million
Reserve ratio of the commercial bank = 20% = 0.20
Now,
Reserve ratio is given as:
Reserve ratio = [ Reserves ] ÷ [ Checkable deposits ]
or
0.20 = $60 million ÷ [ Checkable deposits ]
or
Checkable deposits = $60 million ÷ 0.20
or
Checkable deposits = $300 million