Answer:
At the growth rate of 3% per year
Number of years taken to double the GDP = 23.33 years
The the GDP will double ( 23.33 - 20 ) 3.33 years earlier at 3.5% growth rate
Explanation:
According to the rule of 70
Number of years taken to double the GDP = 70 ÷ [ Growth rate ]
Thus,
At the growth rate of 3% per year
Number of years taken to double the GDP = 70 ÷ 3
= 23.33 years
Further
if the growth rate is 3.5% per year
Number of years taken to double the GDP = 70 ÷ 3.5
= 20 years
Hence,
The the GDP will double ( 23.33 - 20 ) 3.33 years earlier at 3.5% growth rate
Answer: The market demand curve for soft drinks will shift to the left and the market supply curve will shift to the left as well: equilibrium quantity will decrease and the equilibrium price may rise, fall, or remain the same. The graphs below illustrate this idea.
Explanation:
The correct answer is d). We have that government spending can also give way to products and services, just like private enterprises, thus there is no double-counting there. Services such as haircuts have their own value, which are separate from any other material products. Finally exports are also not counted twice; Raw materials though would be counted twice if we counted them for the GDP since their value is incorporated in the value of the final product. For example, we cannot count towards the GDP the value of rubber production in a country since then, if we counted the value of the tires too, we would count the value of the rubber in the tires twice (one time as rubber/ one time as part of the tire).
Answer: A)domestic strategy
Explanation: Domestic strategy is a type of marketing strategy that is particularly used for the domestic purpose that is when a company establishes branch for particular company for the marketing . They don't have a focus on global areas rather than considering only the geographical area in their part.
They establishes their marketing strategy according to the factors like cultures,need, traditions, demand, preferences etc.
Answer: Bagley's ethical leader's decision tree
Explanation: In simple words, It refers to a framework that helps the managers of an organisation to take decisions regarding which they are uncertain and doubtful. It take into consideration all the possibilities and shortlists them on the basis of situation priorities.
In the given case, Wendy wants to determine whether they should close the facility temprarily or permanently. They are uncertain which action would be legal and correct.
Hence from the above we can conclude that they are using Bagley decision tree.
