The income of the town of Kennebunkport has been growing by 2 percent per year. If this growth continues into the future, how long will it take until the town's income has doubled?

a. About 36 years
b. About 24 years
c. About 96 years
d. About 50 years
e. About 144 years

a

Economics

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Dividing the dividend payment by the stock's closing market price determines the

A) dividend yield. B) coupon payment. C) price-earnings ratio. D) selling price of the stock.

Economics

Because of the productivity slowdown in the United States from the mid-1970s through the mid-1990s

A) the standard of living did not change. B) the standard of living increased in the United States. C) real GDP per capita grew more rapidly. D) real GDP per capita grew more slowly.

Economics