Seen as it may be 1 of there first jobs you can pay them less because they don't have as much experience as someone has has worked in the job for years
Solution:
200 births and 10 immigrants will be added to the population.
Total is 210.
60 deaths and 30 emigrants will be taken away from the
population. Total here is 90.
Just a reminder that an emigrant is somebody who leaves
their own country to lastingly settle into a different country.
Therefore, 210 people are added to the population, and 90
people are to be subtracted, for a net gain of 210 - 90 = 120 people.
What percentage is 120 of 10,000?
<span>120/10,000 = 0.012 = 1.2% annual growth rate</span>
Answer:
C) causing a shortage of funds for investment in physical capital.
Explanation:
In economics, savings equals investment. Higher investments result in higher productivity, that is why the savings rate of a country is the single most important factor in determining future economic growth.
Low savings rate means that current consumption is very large, and that benefits economic growth on the short run (very short run, like 1 or 2 years), but future economic growth will suffer from it.
Imagine your house as the total economy of a nation. You earn $1,000 per month and must decide how much to spend right now and how much to save for future spending. If you spend the $1,000 right now, you will purchase several things and enjoy them immediately. But what happens in one or two weeks. Since you do not have any more money left, you cannot purchase anything else, which reduces your future joy.
Investment increases future wealth and fosters economic prosperity.
Answer:
The answer is b. Surpluses drive down prices
Explanation:
If you have a large volume of crops, it would not drive up the price simply because there is not a lot of demand for the crop. In that sense, both c and d (even though d is relevant to the equipment) are incorrect. If there is a lot of surplus, farmers will have to lower their prices in order to sell it. They lose in profit which is why large crop surplus are a problem for farmers.
Answer:
D. During the current fiscal period or a reasonable time after year-end defined by each individual government.
Explanation:
Modified accrual basis makes use of the accrual and cash basis of accounting.
It is used to monitor flow of funds in government finance books.
The resource recognition is done as defined by the government within the fiscal year or after.
Estimation of cash flow is done as soon as funds is available to fund government expenditure.
