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soldier1979 [14.2K]
2 years ago
8

Consider an economy described by the combined solow and romer model. if this economy is on its balanced growth path when an exog

enous permanent increase in the depreciation rate occurs:________
Business
1 answer:
astraxan [27]2 years ago
6 0

This economy is on its balanced growth path when an exogenous permanent increase in the depreciation rate occurs, there will be an immediate growth effect.

Recall that population growth in the Solow model does not contribute to per capita income growth, which depends solely on the growth of (exogenous) technology. in Romer's model, population growth could be the source of her per capita income growth.

In the short run, increased savings and investment boost national income and output growth. Solow analyzes how increased savings and investment affect long-term economic growth. In the short run, higher savings and investment lead to higher national income and output growth in the short run.

The Solow growth model is an exogenous model of economic growth that analyzes changes in an economy's output levels over time as a result of changes in the rate of population growth, savings, and technological progress.

Learn more about The Economy here brainly.com/question/1106682

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The variable over which service providers have little control is the emotional state of their customers.
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3 0
3 years ago
Sheffield borrowed $701000 on October 1, 2017 and is required to pay $721000 on March 1, 2018. What amount is the note payable r
Georgia [21]

Answer:

On October 01, 2017

The amount actually borrowed that is $ 701,000 will be recorded as liability/note payable on october 01, 2017. The following accounting entry will be passed

Debit Cash Asset           $ 701,000

Credit Note payable       $ 701,000

Interest recognized from October 1 to December 31, 2017

The premium amount paid on redemption will be recorded as interest over the period of time. The interest amount is

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So this above calculated expense will be recognized as an expense over loan period.

5 0
4 years ago
On july 1 of the current calendar year, plum co. paid $7,500 cash for management services to be performed over a two-year period
morpeh [17]

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                           To Prepaid Expenses.....................................................$1875

(Being prepaid expenses recognised for the year)


6 0
3 years ago
Read 2 more answers
the process of using information to link customers, consumers, and the public to the marketer is referred to as _____.
Olegator [25]

Answer:

the process of using information to link customers, consumers, and the public to the marketer is referred to as marketing Research!!

go for it!!

8 0
3 years ago
When performing the managerial task of planning, managers organize people into departments according to the kinds of job-specifi
Shkiper50 [21]

Answer:

decide which goals the organization will pursue and what strategies will achieve those goals.

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3 years ago
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