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bija089 [108]
3 years ago
14

In a survey of a group of people, it was found that 60 0f them have

Business
1 answer:
GalinKa [24]3 years ago
3 0

Answer:

i) 15  ii) 177

Explanation:

Number of people with business = 60

Number of people with farming = 125

Number of people with government jobs = 45

Number of people with business only = 27

Number of people with government jobs only = 15

10 have business and government  job only, 5 have government job and farming only.

i) Let x represent the number of people with all three jobs. Hence:

Number of people with government jobs = number of people with all three jobs + number of people with government and farming job + number of people with government and business + number of people with government job only

45 = x + 10 + 5 + 15

45 = x + 30

x = 15

15 people have all three profession.

ii)

Number of people with business jobs = number of people with all three jobs + number of people with business and farming job + number of people with government and business + number of people with business job only

60 = 15 + number of people with business and farming job + 10 + 27

number of people with business and farming job = 60 - 52 = 8

Number of people with farming jobs = number of people with all three jobs + number of people with business and farming job + number of people with government and farming + number of people with farming job only

125 = 15 + 8 + 5 + number of people with farming job only

number of people with farming job only = 125 - 28 = 97

Number of people surveyed = number of people with all three jobs + number of people with business and farming job + number of people with government and farming + number of people with farming job only +  number of people with government and business + number of people with business job only + number of people with government job only

Number of people surveyed = 15 + 8 + 5 + 97 + 10 + 27 + 15

Number of people surveyed = 177

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In this case we have a population rise of 2.3% and a Real GDP rise of 7.3%. If we take out the number of increase of the population from the Real GDP increase we will get 5%, which is actually representing the real increase in the GDP. In order to calculate how much time will be needed for the Real GDP to double we will use the 5% as increase base.

First we take a number by choice that will represent the current Real GDP. Than we calculate how much are 5% of that number and added to it, representing the Real GDP for the next year, and we will continue to do so until we reach double the figure from the starting one or very close to it.

(10,000 / 100) x 5 = 10,500

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3 0
3 years ago
The yield on a one-year Treasury security is 4.2300%, and the two-year Treasury security has a 6.3450% yield. Assuming that the
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This can be found as:

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This can be found as:

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<h3>What is the market’s estimate of the three-year Treasury rate in two years?</h3>

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Find out more on Treasury Yields at brainly.com/question/24553422.

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3 years ago
Piper owns a vacation cabin in the Tennessee mountains. Without consider-ing the cabin, she has gross income of $65,000. During
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If a monopolist's production process has economies of scale and average cost exceeds marginal cost, then _____.
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8 0
2 years ago
dit sales of $42,000 and $68,000, respectively. The company expects to collect 60% of its credit sales in the month of the sale,
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8 0
3 years ago
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