What is crucial factor to small business success

What are the effects of an increase in the population on potential GDP, the quantity of labor, the real wage rate, and potent

baherus [9]

Answer:

Effects

Potential GDP decrease

the quantity of labor increase

the real wage rate decrease

and potential GDP per hour of labor decrease

An increase in the population decrease the real wage rate and increase the equilibrium quantity of labor.

Explanation:

Population growth affects many phenomena such as the age structure of a country’s population, international migration, economic inequality, and the size of a country’s work force.

Thinking in the graph of the labor market where combines hour real wage with the quantity of labor, if we increase the population , that means the demand of labor will increase so, the wage will decrease.

GDP per hour worked is a measure of labor productivity

The equilibrium is where the quantity demanded of labor is equal to the quantity supplied.

So, if the if the population increase the equilibrium quantity of labor will increase.

Effects Potential GDP is Potential gross domestic product decrease

the quantity of labor increase

the real wage rate decrease

and potential GDP per hour of labor decrease

6 0

4 years ago

Pompeii, Inc., has sales of $50,000, costs of $23,000, depreciation expense of $2,250, and interest expense of $2,000. If the ta

Zielflug [23.3K]

Answer:

operating cash flow = $21307.5

Explanation:

given data

sales = $50,000

costs = $23,000

depreciation expense = $2,250

interest expense = $2,000

tax rate = 23 percent

solution

we get here operating cash flow for that

EBIT = Sales - Costs - Depreciation .............1

EBIT = $50,000 - $23,000 - $2,250

EBIT = $24750

and taxes is

taxes = tax rate × EBIT ..........2

taxes = 0.23 × $24750

taxes = $5692.5

so here operating cash flow that is

operating cash flow = EBIT + Depreciation - Taxes ..........3

operating cash flow = $24750 + $2,250 - $5692.5

operating cash flow = $21307.5

6 0

3 years ago

The bank pay for the use of money in the form of

Snowcat [4.5K]

Answer:

see below

Explanation:

Banks pay interest on customer deposits. It means that a customer's deposit will grow if left at the banks for some period. When a customer deposits, the bank retains only a small fraction of the money in its custody. The bigger portion is loaned out to other customers. Therefore, a bank uses customer deposits to create loans. In return, the banks will pay customers interest for the use of their deposits. Banks also charge interest when they loan out money.

6 0

3 years ago

A company has a selling price of $1,300 each for its printers. Each printer has a 2 year warranty that covers replacement of def

riadik2000 [5.3K]

Answer:

$56,000

Explanation:

The computation of the warranty expense for the month of November is shown below:

Warranty expense = Number of printers × Estimated percentage of defectives parts × Average cost per printer

= 20,000 printers × 2% × $140

= 400 × 1460

= $56,000

We simply multiplied the number of printers with the estimated percentage and the average printer cost so that the warranty expense could come

3 0

3 years ago

What is negotiation? A. A discussion in which a sales person demonstrates features of a product B. A discussion in which people

GaryK [48]

A negotiation is a Discusion aimed at reaching an agreement. B.

6 0

3 years ago