or the following questions, you will need the following formula: let Xo be the initial value, X, be the value after t periods and g the growth rate by period, then X₁ = Xo(1+g)¹. ou may also need the log properties: log(a) = blog(a) and log(ab) = log(a) +log(b). The properties imply: log(X₂) = log(X₁) + tlog(1+g). a. Suppose the initial real per capita GDP for countries A and B is 14 thousand dollars. If the annual growth rates of countries A and B are respectively 2.8% and 4.8 %, what is the the ratio X/X₁ after 51 years? Round your answer to the nearest first decimal. Number b. Suppose the annual growth rates of countries A and B are respectively 2.8% and 4.8%. 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 rates are respectively 2.8%, 4.8% and 1.0%, how many years it will take for countries A and B to converge to country C? Round your answer to the nearest first decimal. Country A: Number Country B: Number

Q: I need help working through this problem

A: Market clearing price and quantity is archived where both seller and buyer agree to exchange their…

Q: An agricultural seed company has an inverse demand given by: P = 120 - 2Q, and a cost function given…

A: Note : In case of multiple questions , we answer only the first question.  The answer to your first…

Q: i need g to h

A: Thank you for the question. As per Bartleby's answering guidelines, we answer 3 subparts per…

Q: (Trade Restrictions) Suppose that the world price for steel is below the U.S. domestic price, but…

A: When a country wants to restrict its imports of foreign goods it can use two devices: Tariffs…

Q: The issues of having a positive notation on your CORI or SORI and how it might impact a career in…

A: CORI(Criminal offender record information) or SORI(Sexual offender record information), are the…

Q: Answer the questions a through f

A: As per company policy we are only supposed to answer one question up-to 3 subsets in one session, so…

Q: i need help with all of them

A: The government uses price controls to exert direct influence over market prices. It has an impact on…

Q: how do you write an audit of how you nonverbally communicate?

A: Title: Audit of Nonverbal Communication SkillsIntroduction:This audit aims to evaluate and assess…

Q: How is the Purchasing power important?

A: Answer - Purchasing Power - Purchasing power is overall buying capacity of country which is…

Q: c) What is the cost of the consumer's original 2018 bundle at the new 2019 prices? How much…

A: Now, the price of food F1= $100  the price of housing increased H1 = $200. the cost of the…

Q: hello is there a way to get help on the chart please

A: Introduction We have given market demand and supply equation.  Market demand: P = 10 - Q Market…

Q: Where do you get the number 11?

A: Given, Marginal propensity to save (mps)=0.2 Marginal propensity to import (mpm)=0.1 Marginal income…

Q: I cannot understand anything written on this paper, would you please be able to type it?

A: This graph is actually showing the relationship between real exchange rate and nominal exchange rate…

Q: Could you answer parts D-F please?

A: Nash equilibrium given to us that: Q*1 = (0.5a - c1)/1.5b Q*2 = (0.5a - c2)/1.5b

Q: may I also recieve help with iv to vi?

A: Price discrimination refers to the situation when the seller of a good is able to sell the same…

Q: I need help with this

A: OPPORTUNITY COST:     Opportunity cost is the benefit lost by an individual, investors, or business…

Q: I need help with 4 and 5

A: Since you have asked to answer parts (4) and (5), we are answering only that for you. A government…

Q: Fill in blank

A: Fiscal restriction is the spending cuts and tax hikes which are intended to minimize aggregate…