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I am Lyosha [343]
3 years ago
10

In the Solow model, in the absence of any shock, the capital stock remains at some level forever. This rest point is called the

Group of answer choices Steady state Saving rate Short-run equilibrium Rate of capital accumulation
Business
1 answer:
photoshop1234 [79]3 years ago
3 0

Answer:

Steady state

Explanation:

This rest point is called the steady state. At this state investment is equal to depreciation. In solow growth model, an economy in steady state is of a stable size or fluctuates just a little.

Output, population, capital stock, saving, investment, and technical progress, all grow at a constant rate or are constant. An economy gets to a steady state after a period of growth or after a downsizing period.

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What do you mean by modern technology?
KonstantinChe [14]
Modern technology is simply an advancement of old technology, the impact of technology in modern life is unmeasurable, we use technology in different ways and sometimes the way we implement various technologies ends up harming our lives or the society we leave in.
3 0
3 years ago
Suppose a company selling in various country markets makes statements such as "we know what the customer wants, and he or she wi
Iteru [2.4K]

Answer:

Ethnocentric

Explanation:

Ethnocentric pricing strategy requires for the price of a specific merchandise to be similar all over the world. When this method is practised by an organization, it renounces some prospects to set higher prices in nations where an inferior pricing is required.

7 0
3 years ago
On January 1, 2021, Corvallis Carnivals borrows $10,000 to purchase a delivery truck by agreeing to a 6%, three-year loan with t
asambeis [7]

Answer:

The journal entries are as follows:

(i) On January 1, 2021

Delivery Truck A/c Dr. $10,000

      To 6% loan note payable    $10,000

(To record the issuance of note payable)

(ii) On January 31, 2021

6% loan note payable A/c Dr. $254.22

Interest expense A/c Dr. $50

       To cash                                      $304.22

(To record the first month payment)

Workings:

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3 0
3 years ago
Methods of evaluating the
Ghella [55]

Answer:

True

Explanation:

5 0
3 years ago
Read 2 more answers
Identify the following costs as direct materials (DM), direct labor (DL), or factory overhead (FO) for a magazine publisher: a.
ioda

Answer:

Staples used to bind magazines

Direct materials

Wages of printing machine employees

Direct Labor

Maintenance on printing machines

Factory Overhead

Paper used in the magazine

Direct Materials

Explanation:

The given answers above are correctly grouped based on Direct Materials, Factory Overhead, and Direct Labor.

3 0
3 years ago
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