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
NARA [144]
2 years ago
11

Because of the compounding effect:

Business
1 answer:
luda_lava [24]2 years ago
6 0

Answer: c. small changes in economic growth rate lead to large GDP changes over time.

Explanation:

If there is even a small change in the rate at which the economy is growing, this increase will increase by even more the year afterward and then even more as time goes on. This is because the interest is being compounded overtime.

Look at the future value formula that shows compounding for instance:

Future value = Amount * (1 + rate) ^ number of periods

Assume even a change of 2% in the growth rate. In 30 years, this rate would have increased the economy by:

= 1 * ( 1 + 2%)³⁰

= 1.81

Which is a rate of:

= 1.81 - 1

= 81%

What started off as only 2% became 81% in 30 years. This is what compounding does.

You might be interested in
The next model of a sports car will cost 12.6% less than the current model. the current model costs $31,000 . how much will the
Kaylis [27]
Thirty thousand six hundred and nine
6 0
2 years ago
What are most employers looking for in a job candidate?
adelina 88 [10]

People skills

if you dont have people skills you wont be able to properly care for the customer

7 0
2 years ago
Read 2 more answers
Advice entrepreneurs on the advantages of a public company​
Ad libitum [116K]

Explanation:

<h2>Advantages</h2><h2>Ability to raise funds by selling stock. ... </h2><h2>Availability of financial information. ... </h2><h2>Increased government and regulatory scrutiny. ... </h2><h2>Strict adherence to global accounting standards. ... </h2><h2>Due diligence. ... </h2><h2>Prospectus. ... </h2><h2>SEC approval.</h2>
5 0
2 years ago
Read 2 more answers
The _____________ serves almost as part of the elaborate scenery, sometimes standing perfectly still in a pose for minutes at a
k0ka [10]
Hey You!

The Corps serves almost as part of the elaborate scenery, sometimes standing perfectly still in a pose for minutes at a time while the main dancers dance downstage.
6 0
3 years ago
Wanda Workout stopped at the local store to purchase a drink after her strenuous jog that morning. She purchased a large drink f
quester [9]

Answer:

Warranty of fitness for particular purpose.

Explanation:

Under the principle of implied warranty, products must be fit for the particular use for which they are intended. What does one do with a drink other than drink it ? Therefore, there was no need for Wanda to inform Kelly about the purpose, as Kelly is aware of the purpose for which Wanda wants the product.

Hence, it is seller Kelly's duty to ensure that the goods are suitable for that purpose.In other words, there was an implied warranty that the drink was fit to be consumed.

8 0
3 years ago
Other questions:
  • Where would an ecologist be least likely to go to study primary succession?
    13·1 answer
  • Rural grocery stores often stock products geared to the average customer in its market area. Management assumes there are neglig
    13·1 answer
  • You are looking for ways to pay for your higher education costs. Which of the following options will require you to pay back any
    10·1 answer
  • Companies benefit from employee balance because, compared to poorly balanced employees, well balanced employees __________. a. S
    6·2 answers
  • BuyMart Inc. is a large chain of hypermarkets. It has cost benefits due to its extensive operation. The company's marketing and
    8·1 answer
  • Maurice, the marketing head of a nonprofit organization, always begins his presentation on a project by sharing a lesser-known f
    8·1 answer
  • Anthony is deciding between different savings accounts at his bank. He has four options, based on how frequently interest compou
    10·1 answer
  • In November 2017, Treasury 4 5/8s of 2042 offered a semiannually compounded yield to maturity of 2.62%. Recognizing that coupons
    15·1 answer
  • The difference between a merger and an acquisition is________.
    13·2 answers
  • Charlotte is trying to measure her salon's productivity during the first quarter. For this period, she should divide ________ by
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!