GDP of the country X grows by 1% per year every year. GDP of the country Y grows by 2% per year every year. If in the year 2019 countries have equal GDP, by what year will their GDP differ by two times? (Choose the nearest estimate).
The CFO of Lang Co wants to earn a higher return on the company's cash holdings. Which of the following comparable maturity investments will earn Lang the highest expected return?
The demand for widgets is given by Q=100-2P, the supply is given by Q=-20+P. The government sets the price ceiling at P which results in the deficit 30. Find P P.
