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2 years ago

Based on the current economic expansion (beginning in mid-2009), what percentage of earners are actually losing income?

1 answer:

4 0

Based on the current economic expansion (beginning in mid-2009), the bottom 90% of earners are actually losing income.

Generation Z refers to the generation born between 1997 and 2012, following the millennial generation. Gen Z will soon be the largest cohort of consumers. Brands wanting to participate in this opportunity should understand their own trends and digital expectations. Economics is the social field that studies how communities use scarce resources to meet their insatiable needs.

Three factors have contributed to the rapid growth of the world population over the last 200 years: Decreased mortality due to economic concomitant increases in fertility; better treatment of the disease reduces child mortality.

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In an assembly operation at a furniture factory, six employees assembled an average of 450 standard dining chairs per 5-day week

BaLLatris [955]

I believe the answer would be C.
Because you are dividing the dining chairs by the number of workers... That would give you the total amount of chairs that each worker assembled. Then you divide that by the 5 days and you would get the number of chairs that each worker assembled each day.

So, the answer would be C

7 0

3 years ago

Read 2 more answers

Redwood Corporation is considering two alternative investment proposals with the following data: Proposal X Proposal Y Investme

Nady [450]

Answer:

6.1%

Explanation:

As per given data

Proposal X Proposal Y

Investment $900,000 $488,000

Useful life 9 years 9 years

Annual net cash inflows for 9 years $130,000 $84,000

Residual value $42,000 $0

Depreciation method Straight-line Straight-line

Required rate of return 15% 12%

Accounting rate of return is the ratio of average net income of a project and the average investment made in the project.

Accounting rate of return = Average Net income / Average Investment

As net cash inflows are given we need to deduct the depreciation from the cash flows to arrive at the net income for the period. As all cash flows are constant so, the average value will be equal to the single years value.

Average net income = Net cash inflows - Depreciation = Net cash inflows - ( Cost of Asset - Residual value ) / Useful life of asset = $84,000 - ( $488,000 - $0) / 9 = $84,000 - $54,222 = $29,778

Average Investment = $488,000

Placing Values in the formula

Accounting rate of return = $29,778 / $488,000 = 6.1%

5 0

4 years ago

Suppose you put $100 into a savings account today, the account pays a nominal annual interest rate of 6%, compounded semiannuall

polet [3.4K]

The ending balance will be $9.50

Option b

Explanation:

Given:

Principal amount = $100

Annual interest rate = 6%

Compounding is semi-annual

To find: The ending balance

Balance after 6 months = 100+0.06*100/2 = $103

Hence, balance remaining after withdrawal of $100 = $3

Remaining periods =

Balance after 20 years = Future Value (0.06/2,39,0, -3) = $9.50

8 0

3 years ago

If the marginal product of capital net depreciation equals 8 percent, the rate of growth of population equals 2 percent, and the

Sphinxa [80]

Question:

If the marginal product of capital net depreciation equals 8 percent, the rate of growth of population equals 2 percent, and the rate of labor-augmenting technical progress equals 2 percent, to reach the Golden Rule level of the capital stock, the ____ rate in this economy must be _____.

A) saving; increased

B) population growth; decreased

C) depreciation; decreased

D) total output growth; decreased

Answer

The correct answer is A) Saving rate of the economy must be increased in order for the economy to reach the Golden Rule Level of the Capital Stock.

Explanation

Golden Rule Level of the Capital Stock is the level at which

MPK = δ,

Where MPK is Marginal Product; and δ the depreciation rate;

so that the marginal product of capital equals the depreciation rate.

In the Solow growth model, a high saving rate results in a large steady-state capital stock and a high level of steady-state output. A low saving rate results to a small steady state capital stock and a low level of steady-state output. Higher saving leads to faster economic growth only in the short run. An increase in the saving rate raises growth until the economy reaches the new steady state. That is, if the economy retains a high saving rate, it will also maintain a large capital stock and a high level of output, but it will not maintain a high rate of growth forever .

5 0

3 years ago

When using the cost of production report to analyze the change in direct materials cost per equivalent unit compared to conversi

alisha [4.7K]

Answer: a.may increase while conversion costs decrease because the two are separately calculated and depend on separate costs.

Explanation:

When the cost of production report is being used to analyze change in direct materials cost per equivalent unit when compared to the conversion cost per equivalent unit, we should note that an investigation may end up showing that the fluctuation in the the direct materials costs which then brings about an increase or a decrease.

Therefore, the correct option is A "may increase while conversion costs decrease because the two are separately calculated and depend on separate costs".

5 0

3 years ago