Homework Answers
Answer
By the ule of 70
Years to double an amount =70/growth rate
=70/0.8
=87.5 years
It will take 87.5 years to double the price level
Option a
Add Answer to:
37718513: Q191 If the annual inflation rate for 2012 is 0.8%, calculate how long it would...
23 How long would it take for the price level to double if inflation persisted at...
23 How long would it take for the price level to double if inflation persisted at the following percentages? Instructions: Enter your answers as whole numbers. a. 17.5 percent per year: b. 35 percent per year: c. 3.5 percent per year:
Suppose that the inflation premium is 2 percent and the nominal interest rate is 9 percent....
Suppose that the inflation premium is 2 percent and the nominal interest rate is 9 percent. Instructions: Round your answers to the nearest whole number. a. What is the real interest rate? percent b. Given the level of inflation, how many years would it take for the price level to double? years
Suppose that the inflation premium is 2 percent and the nominal interest rate is 9 percent....
Suppose that the inflation premium is 2 percent and the nominal interest rate is 9 percent. Instructions: Round your answers to the nearest whole number. a. What is the real interest rate? percent b. Given the level of inflation, how many years would it take for the price level to double? years
b) What all 2016! - 7. (LO 1, the quest 2015: c) Calculate the annual inflation...
b) What all 2016! - 7. (LO 1, the quest 2015: c) Calculate the annual inflation rate. 2016: - - 2017: d) Calculate the percentage increase in population. it take for the populati TAL 2016: - shown in Table 4.11. - 2017: e) If the population continues to increase at this rate, how long will it take for double? Number of years: 3. (LO 3) The average nominal incomes earned in Eturia and the CPI are shown in T No....
At an inflation rate of 9 percent, the purchasing power of $1 would be cut in...
At an inflation rate of 9 percent, the purchasing power of $1 would be cut in half in 8.04 years. How long to the nearest year would it take the purchasing power of $1 to be cut in half if the inflation rate were only 4 percent? a. 12 years b. 15 years c. 18 years d. 20 years e. 23 years Show work.
If your investment doubles in 6 3/4 years, what approximate annual rate of return would you...
If your investment doubles in 6 3/4 years, what approximate annual rate of return would you have earned? If you could earn an annual rate of 7.50%, approximately how long would it take for your investment to double? A. 9.60%; 10.67 years B. 13.50%; 9.20 years C. 9.20%; 13.50 years D. 10.67%; 9.60 years answer is NOT 10.81 and 9.58 !
1) Suppose the real rate is 3.45 percent and the inflation rate is 2.2 percent. What rate would you expect to earn on a Treasury bill?
1) Suppose the real rate is 3.45 percent and the inflation rate is 2.2 percent. What rate would you expect to earn on a Treasury bill?A) 1.25 percentB) 7.75 percentC) 5.73 percentD) 6.56 percentE) 3.30 percent2) The common stock of Dayton Repair sells for $ 47.92 a share. The stock is expected to pay $ 2.28 per share next year when the annual dividend is distributed. The company increases its dividends by 1.65 percent annually. What is the market rate...
If your investment doubles in 6 3/4 years, what approximate annual rate of return would you...
If your investment doubles in 6 3/4 years, what approximate annual rate of return would you have earned? If you could earn an annual rate of 7.50%, approximately how long would it take for your investment to double? A)9.60%; 10.67 years B)13.50%; 9.20 years C)10.67%; 9.60 years D.)9.20%; 13.50 years
Explain how the statement by the FOMC in 2012 that an annual infltion rate of 2...
Explain how the statement by the FOMC in 2012 that an annual infltion rate of 2 percent over the long run is consistent with its mandate can help the Federal Reserve fulfill that mandate. n order to receive full credit, you must make a selection for each option. For correct answerfs, click the box once to the option twice to empty the box. Announcing a target indicates the independence of the Fed 12 The Fed statemen on inflation expectations helps...
Q007 Future Value -Present Value 1 a. Suppose that the inflation rate is 3.8% (which means that the overall level of prices is rising 3.8% a year). How many years will it take for the overall level o...
Q007 Future Value -Present Value 1 a. Suppose that the inflation rate is 3.8% (which means that the overall level of prices is rising 3.8% a year). How many years will it take for the overall level of prices to double? Solution: We want to find the number of years it will take for $1 worth of goods or services to cost $2. Think of $1 as the present value and $2 as the future with an interest rate of...
b) What all 2016! - 7. (LO 1, the quest 2015: c) Calculate the annual inflation rate. 2016: - - 2017: d) Calculate the percentage increase in population. it take for the populati TAL 2016: - shown in Table 4.11. - 2017: e) If the population continues to increase at this rate, how long will it take for double? Number of years: 3. (LO 3) The average nominal incomes earned in Eturia and the CPI are shown in T No....
Explain how the statement by the FOMC in 2012 that an annual infltion rate of 2 percent over the long run is consistent with its mandate can help the Federal Reserve fulfill that mandate. n order to receive full credit, you must make a selection for each option. For correct answerfs, click the box once to the option twice to empty the box. Announcing a target indicates the independence of the Fed 12 The Fed statemen on inflation expectations helps...
Q007 Future Value -Present Value 1 a. Suppose that the inflation rate is 3.8% (which means that the overall level of prices is rising 3.8% a year). How many years will it take for the overall level of prices to double? Solution: We want to find the number of years it will take for $1 worth of goods or services to cost $2. Think of $1 as the present value and $2 as the future with an interest rate of...
Most questions answered within 3 hours.
-
Show the rearrangements of the carbon skeleton in the following
carbocations. Note that in some cases...
asked 59 minutes ago -
Use a z -Table to find the specified area.
Between the mean and 3.01 deviations from...
asked 1 hour ago -
Consider the following reaction at equilibrium. What will happen
if O2 is added to the reaction?...
asked 2 hours ago -
Based on how much or how little you have noticed in the media,
do you think...
asked 4 hours ago -
I calculate Rosetta Stone’s P/E ratio as 10x prior to a report
about future industry growth....
asked 5 hours ago -
What major physiological changes account for electrodermal
activity (as in during a lie-detector test)?
asked 6 hours ago -
You are going to sell fruits & vegetables at a local
roadside market. List separately and...
asked 7 hours ago -
Hows does water affect the digestion of fats ?
asked 9 hours ago -
A buffer that contains 0.41 M of a base, B and 0.21 M of its
conjugate...
asked 9 hours ago -
Pleaaaaaaaasssssse help me please please it's more important
:((((((((((((((((((((
CASE STUDY
Nissan Company
Nissan Motor Company,...
asked 9 hours ago -
Calculate the concentration of hydronium and hyroxide ions in 1)
2.0 mol/L HNO3 2) 0.5 mol/L...
asked 10 hours ago -
In a loop-the-loop ride a car goes around a vertical, circular
loop at a constant speed....
asked 10 hours ago