According to the rule of 72, if you have $15,000 in an account that grows at the rate of 12 percent annually, it will take approximately six years for the $15,000 to double to $30,000
a. True
b. False
Indicate whether the statement is true or false
True
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Refer to the figure below.________ inflation will eventually move the economy pictured in the diagram from short-run equilibrium at point ________ to long-run equilibrium at point ________.
A. Rising; A B. Falling; A; C C. Falling; B: C D. Rising; A; C
Which one of these statements is always true?
a. Actual investment is equal to intended investment. b. Actual investment is equal to saving. c. Actual investment is equal to consumption. d. Intended investment is equal to saving. e. Intended investment is equal to consumption.
Suppose the Johnson Corporation releases an earnings report that beats the market's expectations. What does the efficient markets hypothesis predict will happen to Johnson's stock price
Government purchases, as a component of GDP include all except:
A. both consumption- and investment-type goods bought by the government. B. goods and services bought by all levels of government. C. include services the government pays for. D. goods purchased by government from foreign countries.