Answer:
12%
Explanation:
Given that,
Potential real GDP = $200 billion
Natural rate of unemployment = 6 percent
Actual rate of unemployment = 12 percent
Okun's law refers to the law which states the relationship between the losses in the production of a particular nation and the unemployment.
It also indicates that for every 1 percent, the actual rate of unemployment exceeds the natural rate of unemployment, then as a result there is a GDP gap of 2% is generated.
Cyclical unemployment:
= Actual rate of unemployment - Natural rate of unemployment
= 12% - 6%
= 6%
Negative GDP gap:
= 6% × 2
= 12%
Therefore, the of the negative GDP gap as a percentage of potential GDP for the economy is 12%.
Answer:
Family Style Seating.
Classroom Style Seating.
U-shape / Horse Shoe Style Seating.
Explanation:
The commercial enterprise model is a control blueprint for growing services or products for clients so one can generate revenue.
An IT blueprint is a planning device or document that a records generation corporation creates with a view to guiding its priorities, tasks, budgets, staffing, and other IT approach-related initiatives.
By using definition, a blueprint is a drawing up of a plan or model. The blueprint attitude allows you to look at all of the portions needed to collect your commercial enterprise before you begin. one of the maximum hard parts of being an entrepreneur is feeling confident in making choices about strategy and direction.
A blueprint is a -dimensional set of drawings that offers a detailed visual representation of the way an architect wants construction to appear. Blueprints normally specify a construction's dimensions, production materials, and the exact placement of all its additives.
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Answer:
$108,622.60
Explanation:
Calculation for the amount Janine's IRA will worth when she needs to start withdrawing money from it when she retires
Based on the information given we were told that She has the amount of $5,000 in an IRA, which is a vital part of her retirement nest egg in which She has well believes that her IRA will increase at an annual rate of 8%.
Secondly we were told that she is 25 age and plan to retire at the age of 65 which means that the number of years until her retirement will be 40 years(65 years-25 years)
Now let calculate how much she will be worth using this formula
Amount worth= Present value in IRA*(Annual rate increase)^ Numbers of years until retirement
Let plug in the formula
Amount worth=5,000 *(1 + 0.08)^40 =
Amount worth=5,000*(1.08)^40
Amount worth =5,000*21.72452
Amount worth= $108,622.60
Therefore Janine's IRA will be worth $108,622.60 when she needs to start withdrawing money from it when she retires.
A permit gives authorization to allow someone to do something.
A license allows the use of something or to allow an activity.
A loan is to borrow (money or property)
A patent is the right granted by government to an inventor to sell, manufacture, or use an invention for a certain number of years.
Which means the answer would be D. Patent
