Answer:
A) the same in both countries; the same in both countries
Explanation:
1.The steady-state level of output per worker will be the same in both countries because if their is higher growth rate of the population , the steady-state level of capital per worker will be lower which lead to lower level of steady-state income because the two countries have the same production function, same saving rate, same depreciation rate, and same rate of population growth which thereby means we have get to the Steady-State Level of Capital.
2. The steady-state growth rate of output per worker will be the same in both countries because the level of capita per worker will remain constant and does not change for both the countries because they share similar things in common.
Answer:
Free rider problem
Explanation:
A popular term that describes a situation when those who benefit from resources, or services offered to the community do not pay for them.
The free-rider problem usually occurs with goods or services which are non-restrictive like radio services.
Since Janet does not pay for the radio services and yet benefits from it, she is a free rider.
Average consumption, p = 2,100
Standard deviation assumed from previous studies, sd = 450
Z (at 95% confidence interval) = 1.96
Amount of funds available = $10,000
Cost per person supplied = $50.00
Therefore,
Sample size, n = 10000/50 = 200
Minimum margin of error will be achieved when the sample size is bigger than 85 adults.
Margin error = Z*sd/Sqrt (n) = 1.96*450/Sqrt (200) = +/- 62.37
Additionally,
Lowest range = 2100-62.37 = 2,037.63
Highest range = 2100+62.37 = 2,162.37
Answer: Matrix
Explanation:
Matrix management is an organizational structure where some individuals are grouped to more than one supervisor. This could be for a project or for a long period of time. ABC company employed this method for the project.
Answer and Explanation:
The journal entry to record the given cost is shown below:
Land Dr ($357,000 + $44,900 + $66,374) $468,274
Building Dr $1,616,200
Land improvement Dr $102,019
To Cash $2,186,493
(being the cash paid is recorded)
Here land, building & land improvement is debited as it increased the assets and credited the cash as it decreased the assets
