Today (time 0) the nation of ZYX has a GDP of $1000. If ZYX economy grows at 3% per year, what will be its GDP in 10 years? a $1343.92 b. $1072.93 c. $1456.84 d. $1300
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- Please no written by hand and no emage Ecuador has a GDP of $89.0 billion (measured in U.S. dollars) and grows at 1.3% per year. Using the Compound Rate formula in the textbook, what is the country’s GDP after 6 years? A. $99.3 billion B. $96.2 billion C. $95.4 billion D. $93.1 billionGRAPH SETTINGS Reset Country-X Initial Value ($50 – $10,000) 1,000.00 Value (thousands of dollars) [Country-X = Country-Y] Growth Rate: 3% 10 9 0.1% 10.0% 8 Country-Y 7 Initial Value 6 2,000.00 ($50 – $10,000) 5 4 Growth Rate: 1% 3 0.1% 10.0% 1 35.4 уrs. CALCULATIONS 0 5 10 15 20 25 30 35 40 Years Value in Country-X Country-Y 10 years $1,343.92 $2,209.24 20 years $1,806.11 $2,440.38 30 years $2,427.26 $2,695.70 Country-X Country-Y Instructions: Modify the settings in the interactive tool as needed to answer the questions below. Suppose country X currently produces $5200 of goods and services per year with a constant growth rate of 3.8% per year. Country Y's production is currently $7400 with growth of 0.9% per year. Using the rule of 72, how long does it take for country X's production to double? |years Using the rule of 72, how long does it take for country Y's production to double? years After how long will the two countries have the same level of production? years Estimate the level…DIRECTIONS: Solve each of the following problems. entire procedure in an organized way in the space provided, 1. A company's sales (in dollars) appear to be increasing linearly. In 2015 the company's sales were $13,400,000 and in 2020 they were $25,900,000. b. Determine the linear trend equation that expresses the company's sales (S) in terms of elapsed time in years (r). [Code elapsed years so that = 0 represents the year 2015]. The equation that expresses the company's sales (S) in terms of the elapsed time in years (r) is What is the meaning of the slope of the equation?
- if Government Spending (G) is $200 million, Tax Revenue (T) is $260 millio Consumption is $300 million, and GDP P(Y) is 780 millionPrivate saving is-What was the real GDP of Nigeria in 2019 and 2020 -Calculate per capita income in 2020стор 0 The goverment report that (GDP) Increased by 1.6 6 1.6 percent in the last quater. This statement means that GOP Increased @by 6.4 percent for the year (6) rate of 6.4 percent 1 at an annual rate of 6.4 during last quater Ⓒ) at an annual rate of 1.6 during the las quater d at an annual rate of 4 4 percent during the last quater.
- Suppose the level of GDP happens to be 1000, what is the amount of : Household saving? GDP TAX DI NE AE (NI) Ir400 (Ca-400 MPC-0.8) G-1,000 (10% of X-500 (rate 20%) GDP) 1,000 2,000 3,000 4,000 5,000 6,000 O 200 O -240 -400The level of nominal GDP in 2000 was 10.098 billion. The level of nominal GDP in 2021 is projected to be 432.197 billion . Total nominal GDP of this country has increased by. the last 20 years ? % in5. Components Wages and salaries Rent, dividend & interest Companies profits Depreciation Transfer payment Personal income tax EPF SOCSO Net factor income abroad Calculate : a. GDI b. GNI c. NNI d. Personal Income e. Personal disposable income RM/ millio n 6000 3000 2000 100 20 10 5 5 1000
- Cañital stick for a country is $1600 billuon at the beginning of the year. Gross investment year is 20 billion and depreciation is 30 billion capital stock st the end og the year is Transcribed Image Text: Cañital stick for a country is $1600 billuon at the beginning of the year. Gross investment year is 20 billion and depreciation is 30 billion capital stock st the end og the year isGRAPH SETTINGS Reset Country-X Initial Value ($50 – $10,000) 1,000.00 Value (thousands of dollars) [Country-X = Country-Y] Growth Rate: 3% 10 9 0.1% 10.0% 8 Country-Y 7 Initial Value 6 ($50 – $10,000) 2,000.00 5 4 Growth Rate: 1% 0.1% 10.0% 2 1 35.4 yrs. E CALCULATIONS 0 5 35 40 10 15 20 25 30 Years Value in Country-X Country-Y 10 years $1,343.92 $2,209.24 20 years $1,806.11 $2,440.38 30 years $2,427.26 $2,695.70 Country-X Country-Y Instructions: Modify the settings in the interactive tool as needed to answer the questions below. Suppose countries X and Y current have the same level of production. If country X grows at 3.5% and country Y grows at 7%... a) How long will it take for country X's production to double? years (report your answer to one decimal place) b) How long will it take for country Y's production to double? years (report your answer to one decimal place) c) When country X's production has doubled, how much larger will country Y's production be? Otwice as large Ofour…Mr. Parvez invested Tk. 2850 in a startup. The business increased in value by 4% in the first year, decreased by 2% in the second year, and continued to increase by 7% from the third year onward. a) What was the average growth rate of the startup over the first 3 years? b) What will be the value of Mr. Parvez's investment after 6 years'