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almond37 [142]
1 year ago
11

one of the ten principles of economics is that a country's standard of living depends on its ability to produce goods and servic

es. true false
Business
1 answer:
Ber [7]1 year ago
8 0

The statement is false. According to Ten Principles of Economics the statement is false.

Among the Ten Principles of Economics is that a nation's ability to generate products and services determines its standard of living. Only a country that can create a lot of products and services can have a high level of living. Since American workers are more efficient than Nigerian workers, Americans have a higher standard of living. Because Japanese employees' productivity has increased more quickly than that of Argentine workers, the Japanese have experienced a higher rate of living standard growth. George Mankiw's book Principles of Economics lays out a fundamental set of rules that are economically sound theories that can be verified.

Countries that have had higher output growth per person have typically done so without higher productivity growth.

True

False

Learn more about ten principles of economics here:

brainly.com/question/17195696

#SPJ4

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results when situations such as the nature of the job, supervisors and co-workers, pay levels, or the employee's own disposition
adoni [48]

Answer:

Job withdrawal

Explanation:

Job withdrawal can be said to be the behavior individuals show in aspects of their work while maintaining their positions at work. These behaviours are as a result of dissatisfaction with the job as a result of factors such as nature of job, co worker and superiors' interaction, salary or wage levels, etc. It sometimes could be as a result of the employee's attitude to his/her work.

I hope this helps.

3 0
4 years ago
The current rates for an 80/20 mortgages are 4.15% for the first mortgages and 9.75% for the second mortgage. On a $200,000 30 y
olganol [36]

Answer: The actual rate of the mortgage is 5.27%.

Since we're taking two mortgages for a total of $200,000 for 30 years, we can find the actual rate of the mortgage by finding the weighted average of the two rates. The weights in this case will be the proportion of loan taken at each rate

We have

Rates       Weights      Rates * Weights

4.15            0.80     4.15 * 0.80 = 3.32

9.75             0.20    9.75 * 0.20 = 1.95      

Total                                             5.27%  

5 0
3 years ago
.Andrea sold a piece of machinery she used in her business for 9 months. The amount realized was $50,000 and the adjusted basis
Vinvika [58]

Answer:

Realized loss = $5000

Explanation:

The adjusted basis is the net cost of an asset after it has had depreciation deductions and/or capital expenditure increments. In other words, its actual worth at that particular point in time.

The amount realized is the fair market value and the sum of any money received at the sale of an asset.

A realized gain or loss is the difference between the amount realized from the sale of the asset and the asset's adjusted basis on the time of its sale. A positive figure proves to be a gain and a negative figure proves to be a loss. In other words, when an asset is sold for a price higher than what it is actually worth at the time of sale, it is a realized gain whilst if it is sold for a price lower than what its net cost is, it is a realized loss.

In this case,

$50,000 - $55,000 = $(5000)

There is a realized loss for Andrea of $5000 on the sale of this machinery.

8 0
3 years ago
J.d. power and associates and other market research firms recruit groups of consumers for __________, each of whom are paid to r
Brums [2.3K]

The correct answer is the syndicated panels. Syndicated panels are responsible for collecting and selling common pools of data, they made used of unit of measurements and they obtain their data through surveys, electronic scanner services and diary panels. In addition, they obtain institutional data from wholesalers, industrial firms and even retailers.

5 0
3 years ago
The goals of Macroeconomics relate to the ______________ to achieve a balanced higher standard of living for a nation.
Setler79 [48]

Answer: Optimization of resource allocation

Explanation: Macroeconomics, in simple words, refers to the study of economy as whole. It focuses on factors, the impact of which is high on economy such as interest rates and national productivity.

One of many concerns that macroeconomics deals with is optimization of resource allocation, which means using resources in that sector which gives the best results and maximum profit to the economy.

6 0
3 years ago
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