The notion that developing countries can catch up or converge with developed countries is one of the key insights of a branch of economics called <u>development</u> economics.
Economics is the observation of scarcity and its implications for the use of assets, manufacturing of products and services, growth of manufacturing and welfare over time, and an outstanding form of other complicated issues of crucial problems to society.
Economics is the social science that researches the manufacturing, distribution, and intake of products and services. Economics specializes in the behavior and interactions of financial agents and how economies work.
Economics, at its very heart, is the study of people. It seeks to give an explanation for what drives human behavior, decisions, and reactions when confronted with difficulties or successes. Economics is an area that combines politics, sociology, psychology, and records.
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If Malaysian companies were more efficient in textile production and the U.S. was more efficient in computer software, they should sign a <u>Free trade agreement. </u>
<h3>What would a free trade agreement do?</h3>
A free trade agreement allows for countries to be able to trade without any restrictions.
Implementing a free trade agreement here would allow funds to freely move to Malaysia for textile production, and to the U.S. for software companies.
In conclusion, this is a free trade agreement.
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Answer:
$2,133,136.53
Explanation:
Calculation for value of the levered firm
First step is to calculate the VU
VU= [$489,602 × (1 - .35)] / .167
VU= $1,905,636.53
Now let calculate the value of the levered firm
VL= $1,905,636.53 + .35($650,000)
VL= $2,133,136.53
Therefore the value of the levered firm is $2,133,136.53
Answer:
The correct answer is letter "D": Some class or classes of common stock are entitled to more votes per share than other classes.
Explanation:
The class of stock shares provides certain privileges such as <em>voting rights</em>, <em>payment of dividends</em>, and some other benefits or drawbacks. In that sense, we talk about preferred shares and common shares of a given company. Preferred stocks usually come along with dividends but do not include voting rights, while common stocks may include both dividends and voting privileges. Though, it does not mean that all common stocks of the same company have the same weight in right-to-vote terms. There may be differences among them as well.