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lyudmila [28]
3 years ago
11

Suppose that a country's annual growth rates over a 10-year period are as follows: year growth rate 1 5% 2 3 3 4 4 – 1 5 – 2 6 2

7 3 8 4 9 6 10 3 instructions: in part a, round your answer to 1 decimal place. in part b, enter your answers as whole numbers.
a. what was the country's trend rate of growth over this period?
b. which set of years most clearly demonstrates an expansionary phase of the business cycle?
Business
1 answer:
tino4ka555 [31]3 years ago
3 0
A.) The country's trend rate of growth over this period was 4.2% = (2+3+3+4+4% 1+5<span>% </span><span>2+6 +2+7+3+8+4+9+6+10+3/18)
   
b.)6-9 due to positive and increase.</span>
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Answer:

a. Blacksburg

b. Blacksburg

Explanation:

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Danville = 25,000/250

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<em />

b. Multifactor productivity would incorporate the other costs such as labor rate and rent.

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Annandale = 4,0000/ (2,800 + 250 * 10)

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= $7

Charlottesville = 60,000/ ( 2,000 + 500 * 8)

= $10

Danville = 25,000 / ( 800 + 200 * 7.50)

= $10.86

<em>Blacksberg</em><em> is least productive using Multifactor so should be closed down. </em>

7 0
3 years ago
What is the primary difference between income and​ wealth? A. Income is earned by​ households; wealth is gained by inheritance.
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Answer: the correct ianswer is B. Income is a flow variable; wealth is a stock variable.

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A stock is measured at one specific time, and represents a quantity existing at that point in time (say, December 31, 2004), which may have accumulated in the past. A flow variable is measured over an interval of time. Therefore, a flow would be measured per unit of time (say a year).

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i = 3.00 - 3.11\\i = -0.11 \%

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