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1 year ago

Given a constant rate of growth of real gdp, what would cause a fall in real gdp per capita?

Business

1 answer:

docker41 [41]1 year ago

7 0

Answer:

Increase in population

Explanation:

When GDP is growing at a constant rate, the only way that real GDP per capita falls is when population growth rate is higher than that of GDP growth rate.

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What activities is a recent trend that may demonstrate employees taking responsibility for their own careers?

olga2289 [7]

Answer:

Following are the activities in recent trend that may demonstrate employees taking responsibility for their own careers

1. An employee may show seriousness towards his/her professional studies as the employee wants to grow.

2. An employee might show devotion towards adopting a new skill specially IT skill.

3. In today's world many of the work is done project basis, hence an employee may show devotion to complete the project on or before deadline.

7 0

3 years ago

Solly Corporation produces a product for national distribution. Standards for the product are: • Materials: 12 ounces per unit a

zhannawk [14.2K]

Answer:

Direct labor rate variance= $650 unfavorable

Explanation:

Giving the following information:

Standards for the product are:

Labor: 2 hours per unit at $8 per hour.

During December, the company produced 1,000 units.

Labor: 2,500 hours worked at a total cost of $20,625.

To calculate the labor rate variance, we need to use the following formula:

Direct labor rate variance= (Standard Rate - Actual Rate)*Actual Quantity

Actual rate= 20,650/2,500= $8.26

Direct labor rate variance= (8 - 8.26)*2,500

Direct labor rate variance= $650 unfavorable

3 0

2 years ago

Immediately after an ice storm brought down power lines throughout the region, hardware stores were sold out of batteries and fl

Anton [14]

Answer: Market allocates goods effectively.

Explanation: Effective market allocation is the economic market interaction discussed in this case study. As there was a storm and the power lines got down it was obvious that the demand for the batteries and flashlights will increase and the stock became insufficient but the market forces came into action leading to increase in supply and restoring demand and supply to equilibrium level .

7 0

2 years ago

Read 2 more answers

Brian is thinking of taking a job as a waiter. What is an associated monetary cost that he should consider?

RUDIKE [14]

C.uniforms is the answer

3 0

3 years ago

Suppose that a college physics experiment goes horribly wrong and releases an electronic pulse that renders all electronic equip

docker41 [41]

It will decrease because the marginal productivities of workers will decrease. Diminishing marginal product occurs when the marginal product of an input goes down as the quantity of the input goes up. The transformation in product resulting from employing one more unit of a particular input for instance, the change in output when a firm's labor is mark up from five to six units, assuming that the mass of other product are kept constant is called The input of marginal product or marginal physical product.

5 0

3 years ago