From 2006 to 2010, per capita real gross domestic product (GDP) in Croatia grew an average of 1.08 percent per year. At that rate, according to the Rule of 70, in roughly how many years will the Croatian economy double in size?

Answers

Answer 1

Answer:

Number of Years to Double= 64.81

Explanation:

Giving the following information:

From 2006 to 2010, per capita real gross domestic product (GDP) in Croatia grew an average of 1.08 percent per year.

The rule of 70 is a means of estimating the number of years it takes for an investment or your money to double. In this case, the GDP.

Number of Years to Double= 70/Annual growth

Number of Years to Double= 70/1.08

Number of Years to Double= 64.81


Related Questions

TEN POINTS! Fairfield is a small, rural town in the countryside of Pennsylvania. The three biggest stores there are a natural foods shop, a sporting goods shop, and an organic bakery. Which two shops are most likely in competition with each other? The natural foods shop and the sporting goods shop The natural foods shop and the organic bakery The organic bakery and the sporting goods shop They are all in equal competition

Answers

Answer:

The Natural Foods Shop and The Bakery

Explanation:

These two stores sell like goods (food) while the sporting goods doesn't sell food

Answer:

the natural food shop and the bakery

Business opportunities that promise big money for work-at-home ventures like stuffing envelopes are usually
scams.
True
False

Answers

the answers most likely false

Which employee role is directly accountable to ensure that employees are implementing security policies consistently

Answers

Answer: Information Technology

Explanation:

The employee role is directly accountable to ensure that employees are implementing security policies consistently is the information technology staff.

Such individual implements and also maintains security policies, procedures, and standards. The Information Technology staff gives the necessary mechanisms that will be required to enhance the security program.

sold parts to a Korean customer on December 16, 2021, with payment of 20 million Korean won to be received on January 15, 2022. The following exchange rates applied: Date Spot Rate Forward Rate to Jan.15 December 16, 2021 $ 0.00082 $ 0.00089 December 31, 2021 0.00080 0.00083 January 15, 2022 0.00086 0.00086 Assuming a forward contract was entered into on December 16, at what amount should the forward contract be recorded at December 31, 2021

Answers

Answer:

the  amount of the forward contract be recorded is $1,188

Explanation:

The computation of the amount of the forward contract be recorded is shown below

= (Forward rate as on Dec 16 - forward rate as on Dec 31) ×  Payment amount × present value of one month at 12%

= ($0.00089 - $0.00083) × $20,000,000 × 0.9901

= $0.00006 × $20,000,000 × 0.9901

= $1,200 × 0.9901

= $1,188

Hence, the  amount of the forward contract be recorded is $1,188

We simply applied the above formula so that the correct value could come

And, the same is to be considered

The aggregate demand curve is negatively sloped due to: a the elasticity effect of an aggregate price level change b the fiscal policy effect c the substitution effect of the aggregate price level change d the wealth effect of an aggregate price level change

Answers

Answer:

d. the wealth effect of an aggregate price level change

Explanation:

The aggregate demand curve is negatively sloped due to the wealth effect of an aggregate price level change. The reason is that rise in the aggregate price decreases the purchasing power of the individual and thus, decreases in aggregate demand increases the purchasing power of the individual.

An employee that only has the authority to use the employer's credit card for business expenses has what kind of relationship?
a. Universal agent
b. General agent
c. Special agent
d. Independent contractor
e. None of the above

Answers

Answer:

a. Universal agent

Explanation:

The universal agent is an employee that has been appointed by the employer to do particular task. It could be appointed via power of attorney through which he can perform all types of functions

Therefore as per the given situation since the employee can use the credit card of the employer for the business expense so this represent that the relationship is of universal agent

hence, the correct option is a.  

Rory Company has a machine with a book value of $101,000 and a remaining five-year useful life. A new machine is available at a cost of $116,000, and Rory can also receive $83,000 for trading in its old machine. The new machine will reduce variable manufacturing costs by $17,000 per year over its five-year useful life. Calculate the incremental income. (Any losses or outflows should be entered with a minus sign.)

Answers

Answer:

Incremental Income $52,000

Explanation:

The computation of the incremental income is shown below:

Reduction in variable manufacturing costs ($17,000 × 5) $85,000

Cost of the new machine -$116.000

Cash received from trade in old machine $83,000

Incremental Income $52,000

The machine should replacement as there is an increase in income by $52,000

The following data are available relating to the performance of Long Horn Stock Fund and the market portfolio:
Long Horn Market Portfolio
Average return 19 % 12 %
Standard deviations of returns 35 % 15 %
Beta 1.5 1.0
Residual standard deviation 3.0 % 0.0 %
The risk-free return during the sample period was 6%.
What is the Treynor measure of performance evaluation for Long Horn Stock Fund?
a. 0.0133
b. 0.04
c. 0.0867
d. 0.3143
e. 0.3714

Answers

Answer: c. 0.0867

Explanation:

Treynor measure for Long Horn Stock Fund;

= (Average return - Risk-free return) / Beta

= (19% - 6%) / 1.5

= 0.08666667

= 0.0867

The three main methods that can be used to achieve the efficient use of a common resource are:___________.
A. property rights, production quotas, and ITQs
B. taxes, production quotas, and ITQs
C. property rights, marketable permits, and vouchers
D. property rights, production quotas, and marketable permits

Answers

Answer:

Option A:property rights, production quotas, and ITQs

Explanation:

A Common Resources is known simply as a resource for which rights are held in common by a group of individuals who has no exclusive ownership right. With common resources, property rights are not well-defined and are non-exclusive. In a common resource, an individual has the right to use the resource, but not to change its form or transfer it to other individuals. The policies that helps to improve efficiency include: production quotas, individual transferable quotas and property right.

Production quotas is simply an upper limit to the quantity of a good that may be produced legally.

An individual transferable quota is a production limit that is given to an individual who is free to transfer the quota to another person.

By the assignment of property rights, common property becomes private property.

Many economists have argued that the Federal Reserve should have taken actions to burst the U.S. housing bubble. However, bursting of the housing bubble by the Federal Reserve would have caused: the LRAS curve to shift inward. the SRAS curve to shift inward. interest rates to fall even further. the AD curve to shift inward.

Answers

Answer:

d. the AD curve to shift inward.

Explanation:

A housing bubble refers to an economic situation in housing markets where the prices of houses increases due to a rapid increase in demand, when the supply rate is low. Many Economists argued, Federal Reserves intervention to burst the bubble could have cooled down the situation. But doing so will only make the home prices to become unsustainable and this will lead to an inward movement of the aggregate demand curve.

So this is a personal problem please help

So...I knew this girl for about 6-8 years and we been doing everything together but Yesterday I found out she was talking behind my back and I don’t know what to do I know I should not talk to her anymore or be friends but she doesn’t know I know that she was talking behind my back how do I tell her????

Answers

Answer:

ask her why

Explanation:

because friend will do somthing for a reason

In planning for your retirement, you have decided that you would like to be able to withdraw $60,000 per year for a 10 year period. The first withdrawal will occur 20 years from today.
a. What amount must you invest today if your return is 10% per year?
b. What amount must you invest today if your return is 15% per year?

Answers

Answer:

a. $66,309

b. $24, 333

Explanation:

In both scenarios, the Cash Flows are uneven. thus we need to be careful the way we use the Time Value of Money. What we will be looking for is the Net Present Value - the Initial cost of the Investment.

Step 1

The summary of cash flows for this project can be shown as follows :

Year 0 = ? (to be calculated)

Year 1 to Year 19 = 0

Year 20 to Year 30 = $60,000

Step 2

Using the CFj Function of the Financial calculator, we can then calculate the Net Present Value as :

Part a

$0                       CFj

19                          Nj

$60,000             CFj

10                          Nj

10 %                   I/YR

Shift NPV = $66,309

Part b

$0                       CFj

19                          Nj

$60,000             CFj

10                          Nj

15 %                   I/YR

Shift NPV = $24,333

Child labor laws govern the_______ , type of job, and hours of work for anyone younger than eighteen years old.


age, height, or education level

Answers

Child labor laws govern the age, type of job, and hours of work for anyone younger than eighteen years old.

The age, nature, and hours of work for anyone under the age of eighteen are all governed by child labor laws.

What is Child labor law?

The Fair Labor Standards Act of 1938 (FLSA), often known as the child labor laws, authorized the federal child labor rules, which were implemented to guarantee that young people's employment is safe and does not compromise their health, wellbeing, or educational chances.

Additionally, these clauses offer a few exemptions.

Federal child labor laws usually forbid minors under the age of 14 from working in non-agricultural jobs, place restrictions on the hours and types of work that they can undertake under the age of 16, and forbid minors under the age of 18 from working in any dangerous jobs.

Thus Child labor governs the age criteria and working hours for children younger than 18 years of age.

Learn more about Child labor law refer:

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Flanders Manufacturing is considering purchasing a new machine that will reduce unit variable costs by $0.15. The new machine will increase annual fixed costs by $18,250. Before purchasing the new machine, sales volume is 216,000 units, the unit selling price is $2.15, the unit variable cost is $1.75, and total fixed costs are $56,000. What will be the impact on net operating income if Flanders purchases the new machine

Answers

Answer:

Effect on income= $14,150 increase

Explanation:

Giving the following information:

Unitary variable cost reduction= $0.15

Increase in fixed cost= $18,250

Before purchasing the new machine, sales volume is 216,000 units.

To calculate the effect on income, we need to determine the total decrease in variable cost:

Total decrease in variable cost= 0.15*216,000= $32,400

Now, the effect on income:

Effect on income= 32,400 - 18,250

Effect on income= $14,150 increase

Southport Industries has current assets of $900,000 and a current ratio is 2.50. Assume that the company prepays rent for 9 months in the amount of $40,000. The current ratio after this transaction is closest to:

Answers

Answer:

2.50

Explanation:

Based on the information given we were told that the current ratio is 2.50 which means that the current ratio after this transaction is closest to: 2.50 reason been that based on the information given Increase in prepaid rent lead to decreae in cash which is why we won't have any change in the current ratio of 2.50

Therefore the current ratio after this transaction is closest to: 2.50

You want to have $500,000 in today's (real) dollars when you retire in 40 years. The expected inflation rate is 1.1% and the nominal return on your investments is 6.5%. How much money do you have to save now if you can't make any additional deposits?

Answers

Answer:

Initial deposit= $62,378.07

Explanation:

First, we need to calculate the nominal value of $500,000 in 40 years:

Future Value= PV*(1+r)^n

r= inflation rate

FV= 500,000*(1.011^40)

FV= $774,490.74

Now, the initial deposit (PV) to be made in the present:

PV= FV/(1+i)^n

i= interest rate

PV= 774,490.74 / (1.065^40)

PV= $62,378.07

Your friend Aleksei is going through a difficult time. His partner left him and his company just announced there will be a large round of layoffs in his department. You stop at Aleksei's apartment after work one evening and notice that he is gulping coffee and chain-smoking cigarettes. He explains that the stress is getting to him and that he's had trouble sleeping. What advice can you give Aleksei

Answers

Tell him “it’s over just go jump off a hill or some thing idc I’m just here because you paid me to be your friend”

The advice can you give Aleksei Study a book. On your computer or phone, download the "calm" app (rain, nature sounds). Take a stroll. Take up yoga. Play music, sing along with the lyrics, or dance. Relax in a hot bath. Close your eyes and take a seat quietly. Turn on a scented candle.

What stress means?

Any type of change that causes physical, emotional, or psychological strain is referred to as stress. Your body reacts to anything that demands attention or action by causing stress. Stress affects everyone to some extent.

An emotion or physical tension is referred to as stress. It can be caused by anything that frustrates, enrages, or unnerves you in your thoughts or experiences. A challenge or demand causes your body to experience stress. When it serves to keep you safe or help you meet a deadline, stress can be beneficial in short bursts.

Learn more about Stress here:

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________ measures the percentage of individuals in a defined target market who are exposed to an ad during a specified time period.

Answers

Answer:

Reach

Explanation:

Marketing reach is a metric used by sellers to estimate the portion of the target market that have been exposed to their adverts.

This is an important metric that shows how effective marketing efforts are, it also indicates wether more effort should be put into advertising to increase the reach.

Reach is calculated by dividing impressions by frequency.

Impression is the total number of times an advert is displayed while frequency is the number of times it is viewed.

In September 2008, the stock market fell sharply and continued to perform poorly due to the financial crisis. How did this change impact GDP in the economy?

Answers

Answer:

Many people's wealth is held in stocks and as the price of stocks collapsed, they lost wealth.

Imagine that this happened to you. One day you are rich and that affects your spending habits. In a matter of few days or weeks, you lose a large portion of your wealth. So now, you are less rich or even poor. So your spending habits will be altered, i.e. you will spend less.

If you consider the economy as a whole, aggregate demand will fall, resulting in a decrease of aggregate supply, and an overall decrease of the GDP.

In the Month of March, Digby Corporation received orders of 179 units at a price of $15.00 for their product Dart. Digby uses the accrual method of accounting and offers 30 day credit terms. Digby delivers 120 units in March and the balance of 60 units in April. They received payment for 60 units in March, 60 units in April, and 60 units in May. How much revenue is recognized on the March income statement from this order

Answers

Answer:

$1,800

Explanation:

Revenue is recognized when a firm has transferred the control of  goods or services. In March, only the control of 120 units had been transferred, thus the revenue to be recognized on the March income statement from this order is ( 120 units × 120 units) that gives $1,800.

Coronado Industries reported total manufacturing costs of $450000, manufacturing overhead totaling $68000, and direct materials totaling $86000. How much is direct labor cost

Answers

Answer:

$296,000

Explanation:

Calculation for How much is direct labor cost

Using this formula

Direct labor cost=Total manufacturing costs-Manufacturing overhead totaling-Direct materials totaling

Let plug in the formula

Direct labor cost=$450,000 - $68,000 - $86,000

Direct labor cost=$296,000

Therefore the direct labor cost will be $296,000

HELP YALL PLEASE: A videogame company is losing market share because it falls to launch new product features in a timely manner. Decisions are centralized at the
top, and employees have little or no volce. One way to solve this problem is to use teams to eliminate
In the______
company

Answers

Okay answer choices please haha

Assume that you hold a well-diversified portfolio that has an expected return of 12.0% and a beta of 1.50. You are in the process of buying 1,000 shares of Alpha Corp at $10 a share and adding it to your portfolio. Alpha has an expected return of 25% and a beta of 2. The total value of your current portfolio is $90,000. What will the expected return and beta on the portfolio be after the purchase of the Alpha stock

Answers

Answer: See explanation

Explanation:

The following information can be gotten from the question:

Value of Investment in alpha = $1000 × 10 = $10,000

Weight of Alpha in the total investment would be = 10%

Then, the expected return would be:

= (12% × 90%) + (25% × 10%)

= (0.12 × 0.9) + (0.25 × 0.1)

= 0.108 + 0.025

= 0.133

= 13.3%

Beta will be:

= (1.50 × 90%) + (2 × 10%)

= (1.50 × 0.9) + (2 × 0.1)

= 1.35 + 0.2

= 1.55

Orlando Company, which applies overhead to production on the basis of machine hours, reported the following data for the period just ended: Actual units produced: 12,000 Actual variable overhead incurred: $77,700 Actual machine hours worked: 18,800 Standard variable overhead cost per machine hour: $4.50 If Orlando estimates 1.5 hours to manufacture a completed unit, the company's variable-overhead spending variance is:

Answers

Answer:

$37,600 favorable

Explanation:

Variable overhead spending variance can be computed as;

= (Actual hours worked × Actual variable overhead rate) - ( Actual hours worked - Standard variable overhead rate)

= ( 18,800 hours × $77,700/12,000) - (18,800 hours × $4.5)

= [(18,800 × $6.5) - (18,800 × $4.5)]

= $122,200 - $84,600

= $37,600 favorable

Does anyone know how to slap babies correctly?

Answers

Answer:

no don't do that.

Explanation:

Answer:

Yes. You get in the car, buckle up, ad drive to the police station and turn yourself in for child abuse :)

Explanation:

Mccloe Corporation's balance sheet and income statement appear below:
Mccloe Corporation Comparative Balance Sheet Ending Balance Beginning Balance Assets Current assets: Cash and cash equivalents $ 42 $ 35
Accounts receivable 49 54
Inventory 62 54
Total current assets 153 143
Property, plant and equipment 470 440
Less: accumulated depreciation 262 254
Net property, plant, and equipment 208 186
Total assets $361 $329
Liabilities and stockholders' equity Current liabilities:
Accounts payable $ 55 $ 49
Accrued liabilities 28 20
Income taxes payable 49 49
Total current liabilities 132 118
Bonds payable 113 128
Total liabilities 245 246
Stockholders' equity:
Common stock 46 34
Retained earnings 70 49
Total stockholders' equity 116 83
Total liabilities and stockholders' equity $361 $329
Income Statement Sales $433
Cost of goods sold 231
Gross margin 202
Selling and administrative expenses 168
Net operating income 34
Gain on sale of plant and equipment 14 Income before taxes 48 Income taxes 18 Net income $ 30 Cash dividends were $9. The company did not issue any bonds or repurchase any of its own common stock during the year. The net cash provided by (used in) financing activities for the year was: ____________
a) $(12)
b) $(15)
c) $(9)
d) $12

Answers

Answer:

a) $(12)

Explanation:

The computation of the net cash provided by (used in) financing activities for the year was shown below:

Cash flow from financing activities

Issuance of the common stock ($46 - $34) $12

Less Redeemed bond payable ($113 - $128) -$15

Less cash dividends -$9

Net cash flow used by financing activities is -$12

Hence, the same is to be considered

Which of the following taxes would be deducted in determining an employee's net pay?
a. FUTA taxes
b. all are correct
c. FICA taxes
d. SUTA taxes

Answers

Answer:

c. FICA taxes

Explanation:

The FICA taxes are the taxes that contributed in the federal insurance and the same is deducted from the income also the benefits would also received in this. The benefits could be in terms of social security, medicare, retirement benefits

Therefore as per the given options, the option C is to be selected

Hence, all the other options would be ignored

Short Company purchased land by paying $22,000 cash on the purchase date and agreed to pay $22,000 for each of the next seven years beginning one-year from the purchase date. Short's incremental borrowing rate is 10%. On the balance sheet as of the purchase date, after the initial $22,000 payment was made, the liability reported is closest to: (FV of $1, PV of $1, FVA of $1, and PVA of $1) (Use appropriate factor(s) from the tables provided.)

Answers

Answer:

The liability reported is closest to $107,105.21.

Explanation:

This can be calculated using the formula for calculating the present value of an ordinary annuity as follows:

PV = P * ((1 - (1 / (1 + r))^n) / r) …………………………………. (1)

Where;

PV = Present value or the the liability reported  =?

P = Annuity payment = $22,000

r = Student's desired return rate = 10%, or 0.10

n = number of years = 7

Substitute the values into equation (1) to have:

PV = $22,000 * ((1 - (1 / (1 + 0.10))^7) / 0.10)

PV = $22,000 * 4.86841881769293

PV = $107,105.21

Therefore, the liability reported is closest to $107,105.21.

Which document gives Congress the power to lay and collect taxes?

O The Bill of Rights
O The Constitution
O The Declaration of Independence
O The Pledge of Allegiance​

Answers

the constitution is the correct answer

How do i get as much mony as bill gates todey?

Answers

Answer:

be very famous

Explanation:

be white
why do i need to have 20 letters
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