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likoan [24]
3 years ago
15

Assume that an economy described by the solow model is in a steady state with output and capital growing at 3 percent, and labor

growing at 1 percent. the capital share is 0.3. the growth-accounting equation indicates that the contributions to growth of capital, labor, and total factor productivity are:
Business
1 answer:
Vsevolod [243]3 years ago
8 0
I dont know sorry lol
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You are trying to explain to your friends the importance of using real GDP to measure economic health over time, but some of the
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Answer: $10,869.57

Explanation:

The Nominal GDP is the total amount of final goods and services produced in a country within a period, usually a year. It is calculated using the current year's prices.

Real GDP adjusts the Nominal GDP for price changes by using the price level of a certain base year.

The GDP Deflator is the price level of the current year and can be useful in calculating how much the prices have risen or fallen from the prices of the base year.

The formula is;

(Nominal GDP/Real GDP)*100 = GDP Deflator

Making Real GDP the subject;

Real GDP = (Nominal GDP/GDP Deflator)*100

= (10,000/ 92) * 100

= $10,869.57

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3 years ago
Which of the following types of insurance do businesses frequently offer as part
aev [14]

Answer:

i think is B correct me if i wrong

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3 years ago
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An organization wants to provide its employees information about what its goals are and what it expects employees to accomplish.
Anna007 [38]

Answer:

This question is incomplete, the options are missing. The options are the following:

a) A retention bonus

b) A piecework rate system

c) A merit pay system

d) The Scanlon plan

e) A balanced scorecard

And the correct answer is the option E: A balanced scorecard.

Explanation:

To begin with, the term known as "Balanced Scorecard" it is a very famous strategy method used in the fields of management and business in order to achieve higher levels of administration from the managers and owners. It is a technique that involves the company's short and long term goals and the way to plan how to incentive the employees of the company in order for them to grow and understand better the plans of the organization so that they could work better and increase the productivity that will consequently affect in the benefits of the enterprise as a whole.

5 0
3 years ago
Kroger, a grocery store chain, sells thousands of products from hundreds of different producers that are shipped through a varie
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Channel of distribution is the set path through which the goods are transferred from one place to another. This route can be direct or indirect is solely decided by the company to deliver the goods to the end consumers safely.

The big bulk should be broken down into different assortments so as to ease the movement of products from one place to another.  The description of the products should be given clearly, place, time, quantity, etc. Information should be disseminated clearly without any errors.  

8 0
3 years ago
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Cycle Wholesaling sold merchandise on account, with terms n/60, to Sarah’s Cycles on February 1 for $1,000 (cost of goods sold o
k0ka [10]

Answer:

Accounts Receivables 1000 debit

Sales Revenues  1000 credit

--to record sale--  

COGS  600 debit

Inventory  600 credit

--to record COGS of the previous sale--    

Sales Returns  155 debit

Accounts Receivables  155 credit

--to record returned goods--  

Inventory            155 debit

       COGS                     155 credit

--to record goods in good state returning to inventory--

Explanation:

The sale will be reocrded normally then, the return will have two impacts:

first it will decrease the amount of the receivables and make the net sames decrease therefore we will decrease net sales

Last, for the inventory as the godo are in good form and could be resale we record the reception of those good and reverse that portion of COGS sold

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