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Author Question: The U.S. interest rate has ________ on the supply of dollars and has ________ on the demand for ... (Read 46 times)

swpotter12

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on: Jun 29, 2018
The U.S. interest rate has ________ on the supply of dollars and has ________ on the demand for dollars.
 
  A) an effect; an effect
  B) no effect; no effect
  C) an effect sometimes; an effect sometimes
  D) no effect; an effect
  E) an effect; no effect

Question 2

During 2005, real GDP in Ireland grew 9.8 percent. If Ireland maintains this level of growth in the future, real GDP will double in approximately how many years?
 
  What will be an ideal response?


dominiqueenicolee

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Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

With an annual growth rate of 9.8 percent, the Rule of 70 shows that Ireland's real GDP will double in approximately 70  9.8 = 7.1 years.


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