Answer:
It will take 30 years for country Y’s GDP to catch up with that of country X
Explanation:
In this question. We are asked to calculate the number of years it will take a certain country Y to catch up with the GDP of a certain country X, given the annual growth rate in both countries.
We calculate the number of years as follows;
Firstly, we assign a variable to the value of the real GDP of country Y
let real
Let the real GDP of the country Y be n. This means that the GDP of country C will be 4 * n = 4n
With a 7% growth rate annual, country Y's Real GDP will be doubled in 70/7 = 10 years and;
With annual growth rate of 2.33% ,country x's Real GDP doubles in 70/2.33 = 30 years.(Approx)
Now in next 30 years x's Real GDP will be = 2x4n = 8n
and Y's Real GDP in next 30 years will be = 2x2x2xn = 8n.
thus , it will take 30 years to country Y to catch up to the level of country x.
Answer:
correct option is C. $1,250,000
Explanation:
given data
Light poles = $350,000
cost reimbursement = $65,000
electric power to residents = 1,250,000
to find out
which statement accounted for in an enterprise fund
solution
statement accounted for in an enterprise fund is here
particular amount
Equipment used for supplying $1250000
electric power to residents
enterprise fund $1250000
so correct option is C. $1,250,000
Answer:
It distorts relative prices, causing a misallocation of resources.
Explanation: Inflation is an economic term used to describe a situation in a country's market when there is a sudden rise in commodities sold in the market. Inflation can be as a result of an increase in demand of commodities sold in the market.
It has a negative effect, when the prices are distorted and the purchasing power is not properly allocated to the buyers.
Performance appraisal is used to compare employee performance against some standards. The steps in the performance appraisal process are;
- 1. Establishing Performance Standards
- 2. Communicating Standards
- 3. Evaluating Performance
In the performance appraisal process, the supervisors will first establish the standards that will guide the operations of employees.
Next, they should inform the employees of those standards. They should examine the performances of their employees and make decisions on whether they performed well or not.
Then, they should discuss the results with them and take action on whether to reward or punish them.
Learn more here:
brainly.com/question/15169473
Answer: A. N = 12; 1 = 8/4; PV = 25,000; FV = 0; CPT PMT
Explanation:
A is the correct option because,
N = 12
The period is 3 years but the payments are quaterly so the actual period is;
= 3 years * 4
= 12 quarters/ periods.
I = 8/4
The interest rate is 8% but this is stated as a Yearly value which needs to be adjusted to a quarterly value by dividing it by 4.
PV = 25,000
The Present Value of the loan is $25,000 because this is the amount that Art's Market was given in the present.
When all of this is inputted into the calculator, the answer will be; PMT = $2,363.99.
