Class Quiz 4

The growth rate of the demand for coal in the world is 6 % per year. In what year will the demand be double that of 1997 ?  Note:- Please avoid using ChatGPT and refrain from providing handwritten solutions; otherwise, I will definitely give a downvote. Also, be mindful of plagiarism. Answer completely and accurate answer. Rest assured, you will receive an upvote if the answer is accurate.

Please continue to solve from Part D to Part H. Thank you very much.

Your economics textbook hit the market with a bang, selling 10856 copies in its debut year. The publisher is optimistic, forecasting a sales increase of 11% annually for the next 3 years, followed by a growth spurt of 19% in the fourth year. Calculate the expected sales figures after 4 years of growth.

a company has 100 batches of products and requires to finish the inspection in one month, assuming that p-0.01, n3D120, and c=6, calculate the number of ppl required to finish this job if inspection of each item takes 12 mins. every person works 10 hr/day and 5 days/week Select one: a. 128 b. I'do no know how to solve this problem. C. 200 d. 139 e. None

For the following questions, you will need the following formula: let Xo be the initial value, X, be the value after t periods and g be the growth rate by period, then Xt = X₁ (1 + g)t. You may also need the log properties: log(a³) = blog(a) and log(ab) = log(a) + log(b). The properties imply: log(X) = log(X₁) + tlog(1+g). a. Suppose the initial real per capita GDP for countries A and B is 15 thousand dollars. If the annual growth rates of countries A and B are respectively 3.6% and 5.6%, what is the the ratio XB/XA after 39 years? Round your answer to the nearest first decimal. Number b. Suppose the annual growth rates of countries A and B are respectively 3.6% and 5.6%. How many years it will take for each country to double their respective real per capita GDP? Round your answer to the nearest first decimal. Country A: Number Country B: Number c. Suppose the initial real per capita GDP of countries A, B and C are respectively 10, 10 and 50 thousand dollars. If their annual growth…

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Assume that a country, in year 5, has a population level, P, of 14 380 individuals. The country's population has been growing at a constant yearly rate of 2.4%. a) Find the country's initial population size, assuming that we are dealing with discrete time. Then, determine the initial population size assuming continuous time. (You must show all your work!) Are the two initial population sizes similar? Why or why not? b) Now, assume that g is actually 5% and that the initial population level was, in fact, 10,000. Using the Rule of 70, graph the population growth on a ratio scale for the time periods, t = 0, 7, 14, and 28. Label your graph. Please upload your answer as ONE file (document or picture files are acceptable).

Methodology of global innovation index 2022

If real GDP per capita for Nelsonville grew from $8 trillion to $16 trillion between 2000 and 2020, then which of the following was the approximate annual growth rate? A) 8% B) 5.5% C) 20% D) 7.5% E) 3.5%

Which one of the following statements is FALSE? Group of answer choices If investment per worker is less than depreciation per worker, then capital per worker decreases. If investment per worker exceeds depreciation per worker, then capital per worker increases. In steady-state, investment equals to depreciation. In steady-state, capital per worker keeps growing steadily.

Q6 Suppose that at time t=0, half of a "logistic" population of 100000 persons have heard a certain rumor and that the number of those who have heard it is then increas­ing at the rate of 500 persons per day. How long will it take for this rumor to spread to 80% of the population? ( Suggestion: Find the value of k by substituting P(0) and P'(0) in the logistic equation)   a. About 98 days   b. About 34 days   c. About 19 days   d. About 69 days   e. About 119 days

(E8) Hello! Please help me answer this one. Please refer to the given picture/s below for the questions. Please read the instructions and directions very carefully. Double and triple check your answers, previous tutors got it wrong.   NOTE: Type only your answers. Please do not handwritten your answers. Make sure your formulas, solutions and answers' format are all correct.     Answer no 3&4 only!

Exact Formulas. Compare the doubling times found with the approximate and exact doubling time formulas. Then use the exact doubling time formula to answer the given question. A nation of 100 million people is growing at a rate of 3.5% per year. What will the nation’s population be in 30 years?

onsider an imaginary economy that has been growing at a rate of 3% per year. Government economists have proposed a number of policies to increase the growth rate but first need to convince the president that the policies will pay off. To do so, they want to present a comparison of the number of years it will take for the economy to double, depending on the growth rate. Using the rule of 70, determine the number of years it will take the economy to double at each growth rate. Growth Rate Years Required to Double (Percent) (Nearest whole number of years) 3   4   5

Please continue to solve from Part d to Part e. Thank you

Q4) Production Functions and Growth (a) Time is continuous and the production function of the economy is given by (1) Y¢ = ( K¢ )ª( A¿N; )1-« Total factor productivity evolves according to (2) A = egt Ao such that A where the growth rate of technological progress g is exogenous. Population grows at an exogenous rate n according to (3) N{ = ent No with No = 1 such that = n Find an expression for the growth rate of (i) output per capita (Yt / Ni) and (ii) output per effective worker ( Yt/ (A:N:) ). When is the growth rate of (ii) equal to zero?

The productivity of a country is given by ​f(x,y)=15.21x0.438y0.562​, where x is the amount of labor and y is the amount of capital.   ​(A) Find fx(x,y) and fy(x,y). ​(B) Find fx(67,55) and fy(67,55)​, and interpret the results.

Eng. Economic Q1. Would a dollar tomorrow be worth more to you today when interested is 20% or 10%?

The cost C (in dollars) of manufacturing x number of high-quality computer laser printers is C(x)=9x^4/3+9x^2/3+600,000 Currently, the level of production is 1,728 printers and that level is increasing at the rate of 250 printers per month. Find the rate at which the cost is increasing each month.The cost is increasing at about $______ per month.

Q4  A business manager determines that t months after production begins on a new product, the number of units produced will be P thousand,where P(t) =6?2 + 5? /(? + 1)2 production in the long run  (i) A ruptured pipe in a North Sea oil rig produces a circular oil slick that is y meters thick at a distance x meters from the rupture.Turbulence makes it difficult to directly measure the thickness of the slick at the source (where x = 0),but for x > 0,it is found that y =0.5(x2 + 3x)/ x3 + x2 + 4x Required:a)Assuming the oil slick is continuously distributed,how thick would you expect it to be at the source?

Please select 2 countries and investigate the relationship between Financial Development and Economic Growth. In this project, you are expected to explain the following issues: 1- Why these 2 countries? 2- What is the relationship between growth and financial development? (Hint: Financial Development could be proxied by the Financial Development Index) While explaining what you found with data, you are expected to support your findings with at least 3 studies in the literature. You are limited to a maximum 3 pages.

At the ABC factory, the standard time of the work was determined by conducting a time study. Can these standard durations be used in the simulation model of the production system? Explain in detail how to use it if it can be used.

Solution for the Sub questions

Please write me a detailed answer in the following exercise. It is URGENT. Thank you in advance.

(E6) Hello! Please help me answer this one. Please refer to the given picture/s below for the questions. Please read the instructions and directions very carefully. Double and triple check your answers, previous tutors got it wrong.   NOTE: Type only your answers. Please do not handwritten your answers. Make sure your formulas, solutions and answers' format are all correct.     Answer no 1 only!

please help solve.

Variability is found in every production operation, but most variability is cause by tolerating waste or by poor management. True or False

Country X has Per Capita GDP of $5,500 in 2021. Suppose this country grew at a constant 3% per year indefinitely into the future. In 2,069 (i.e., 48 years in the future) the value of Per Capita GDP in Country X would be approximately. a) $20,000 b) $22,000 c) $50,000 d) $5,500

Break even analysis utilizes both current and projected figures. In a rapidly changing economy, there are many individuals who are finding that their initial break even analyses were incorrect. In your opinion, what could be done to minimize errors in projections?

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Question: The following data show the population of Turkey in the selected years between 1990 and 2020: Year 1990 1995 2000 2005 2010 2015 61 68 ? 74.1 79.1 Population (millions) 57 2020 84.1 (a) Calculate the rate of growth of the population in millions per year in the year 2020 with an error level of O(h²).