Business, 24.02.2020 16:40, kordejah348
Does the rule of 70 predict greater increases in the amount of income for poorer countries when both rich and poor countries have the same growth rate?
a. No, according to the rule of 70, if the growth rate of income is the same in the two countries, then the number of years it will take each country’s income to double is the same.
b. No, according to the rule of 70, if the growth rate of income is the same in the two countries, then the increase in income will be the same.
c. No, the rule of 70 states that the amount of time it will take a country’s income to double is dependent on its population growth rate, not on its initial level of income.
d. Yes, the rule of 70 states that when two countries grow at the same rate, the poorer country will have larger increases in income each year.
Answers: 2
Business, 22.06.2019 20:20, jennybee12331
Precision aviation had a profit margin of 6.25%, a total assets turnover of 1.5, and an equity multiplier of 1.8. what was the firm's roe? a. 15.23%b. 16.03%c. 16.88%d. 17.72%e. 18.60%
Answers: 2
Business, 23.06.2019 01:30, zayeboyd4436
Brian has just finished college. he wants to set up a small business to make and sell fireworks. he registers his company and acquires a license from the government. he finds that most of his competitors are selling fireworks at an extremely low price. he would like to make more money, so he decides to innovate and develop better fireworks. he sells his fireworks at a higher price, and they are a huge hit with the customers. after a few years, he earns enough profit to set up a bigger fireworks factory that complies with the government’s health and safety regulations. he even starts exporting fireworks overseas. which type of economy does this scenario describe?
Answers: 3
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