Y = original value • growth ^(time/period of growth)
30000000000000 = 15000000000000 • (1+0.02)^(x/1)
Divide both sides by 15 trillion
2 = (1.02)^(x)
take logarithm of both sides
log2 = log1.02^x
Bring x down using log law
log2 = xlog1.02
Divide both sides by log1.02
x = 35
35 years
Answer:
the correct answer is D. Macroeconomics is the study of the economy as a whole, while microeconomics deals with the individual decision-making units.
Explanation:
Macro economics emerged as a seperate disclipline in the late 1930's witht eh influence of the prominent british economist John Meynard Keynes. it looks at the economy as a whole and tries to solve major economic issues affecting the national economy such as the unemployment, inflation, GDP and current rate changes.
Micro economics on the contrary, looks at how the individuals and firms behave in an economy and tries to explain their decisions and how they react.
<span>The CPI is a measure of the overall cost of the goods and services bought by a typical consumer, and the CPI is computed and reported by the Bureau of Labor Statistics. The CPI stands for Consumer Price Index. The consumer price index will measure the weighted average pricing of what a basket of goods or services is priced at. They then calculate and average these prices to see what the price will change to overtime and how consumers will react to the market change in price. </span>
<span>B. FALSE yes
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