subject
Business, 15.07.2020 01:01 jacobbecker99

The average rate of growth for slow-growth countries is around 2% per year, and for fast-growth, greater than 5% per year. 1. Suppose the growth rate of the economy is 2%. The size of the economy roughly doubles every:
a. 5 Years
b. 10 Years
c. 20 Years
d. 35 Years
e. 50 Years or more
2. If instead the growth rate is 7%, the doubling time for the economy is:
a. 5 Years
b. 10 Years
c. 20 Years
d. 35 Years
e. 50 Years or more
3. Economic growth is important to understand because:
a. It is closely tied to standard of living.
b. Growth guarantees that the rich get richer and the poor get poorer.
c. Income equality cannot exist without growth.
d. Understanding economic growth is key to getting a banking job after graduation.

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 11:40
Select the correct answer brian wants to add a chart to his dtp project. what is the best way he can do this? a draw the chart using the dtp program draw option b create the chart in a spreadsheet then import it c. use the dtp chart wizard to create the chart within the dtp d. create an image of the chart in an image editor then import the image e use html code to create a chart within the dtp program
Answers: 3
question
Business, 22.06.2019 18:00
During the holiday season, maria's department store works with a contracted employment agency to bring extra workers on board to handle overflow business, and extra duties such as wrapping presents. maria's is using during these rush times.
Answers: 3
question
Business, 22.06.2019 21:10
You own a nonunion company with 93 nonexempt employees. all of these employ- ees pack books into boxes for shipment to customers throughout the united states. because of wide differences in performance, you have decided to try performance appraisal, something never done before. until now, you have given every worker the same size increase. now you want to measure performance and reward the best performers with bigger increases. without any further information, which of the five types of appraisal formats do you think would be most appropriate? justify your answer. do you anticipate any complaints, or other comments, from employees after you implement your new system?
Answers: 1
question
Business, 22.06.2019 23:10
Amazon inc. does not currently pay a dividend. analysts expect amazon to commence paying annual dividends in three years. the first dividend is expected to be $2 per share. dividends are expected to grow from that point at an annual rate of 4% in perpetuity. investors expect a 12% return from the stock. what should the price of the stock be today?
Answers: 1
You know the right answer?
The average rate of growth for slow-growth countries is around 2% per year, and for fast-growth, gre...
Questions
question
Mathematics, 02.09.2021 17:40
question
Mathematics, 02.09.2021 17:40
question
Mathematics, 02.09.2021 17:40