1. richland’s real gdp per person is $10,000, and poorland’s real gdp per person is $5,000. however, richland’s real gdp per person is growing at 1 percent per year and poorland’s is growing at 3 percent per year. comapre real gdp per person in the two countries after 10 years and after 20 years. approximately how many years will it take poorland to catchup to richland? (10 points)

Four students are at an extracurricular activity fair at their high school and are trying to decide which clubs to join. some information about the students is listed in this chart: which describes which ctso each student should join?

Carlton industries is considering a new project that they plan to price at $74.00 per unit. the variable costs are estimated at $39.22 per unit and total fixed costs are estimated at $12,085. the initial investment required is $8,000 and the project has an estimated life of 4 years. the firm requires a return of 8 percent. ignore the effect of taxes. what is the degree of operating leverage at the financial break-even level of output?

Ashop owner uses a reorder point approach to restocking a certain raw material. lead time is six days. usage of the material during lead time is normally distributed with a mean of 42 pounds and a standard deviation of four pounds. when should the raw material be reordered if the acceptable risk of a stockout is 3 percent?