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fgiga [73]
2 years ago
14

A Romer economy starts off with an initial stock of ideas equal to 100. The total population in the economy is 60, two of the wo

rkers are employed in the research sector, and the productivity parameter of the research sector is equal to 0.01. The stock of ideas in period 10 is equal to:
Business
1 answer:
Anna007 [38]2 years ago
7 0

Answer:

121.8994

Explanation:

Given that:

  1. Initial stock of ideas = 100
  2. total population = 60
  3. workers employed in the research sector = 2
  4. productivity parameter = 0.01.

The stock of ideas in period 10 is calculated as:

Stock of ideas = 100[1+(0.01 * 2)]^{10}\\ = 100 (1.02)^{10}\\ = 100(1.218994)\\= 121.8994.

Therefore the stock of ideas in period 10 is equal to 121.8994

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Suppose that consumption is $500 and that the marginal propensity to consume is 0.6. If disposable income increases by $1,000, c
Lynna [10]

Answer:

A. $600

Explanation:

The formula and the computation of the Marginal propensity to consume are shown below:

Marginal propensity to consume =  Change in consumer spending ÷ Change in disposal income

0.6 = Change in consumer spending ÷ $1,000

So, the change in consumer spending is

= $1,000 × 0.6

= $600

Hence, the consumption that is given in the question is not considered. Therefore, ignored it

8 0
2 years ago
The main focus behind why Equal Exchange is in business is to help out the small farmers and be fair to their needs. This is exe
lilavasa [31]

Answer:

A) Product Market Stakeholders

Explanation:

Product Market Shareholders are the parties who the firm "Equal Exchange" shares its industry with including customers and suppliers

Equal Exchange's target group are customers and suppliers most importantly.

4 0
3 years ago
Harriet recently moved to a posh neighborhood. She buys an expensive car and starts wearing designer clothes so that she fits in
Advocard [28]

Answer: d. Susceptibility to interpersonal influence.

Explanation:

Interpersonal influence is the type of social influence that is exerted by a group to achieve conformity, the difference being frowned upon or discouraged.

Social influence can be seen as a form of peer influence, where the person is urged to be one of the groups and to adapt to the social paradigms approved by the group.

A person susceptible to social influence succumbs to the pressure of the group and leaving their individuality aside, and follows the paradigms that the group dictates. <em>This is the case of Harriett, who adopts the lifestyle of the social class of her new neighborhood.</em>

<em>I hope this information can help you.</em>

3 0
2 years ago
Troy will receive $7,500 at the end of Year 2. At the end of the following two years, he will receive $9,000 and $12,500, respec
Pepsi [2]

Answer:

$33,445.44

Explanation:

The future value of an investment is its worth at a future date if the investment is done at a specific interest rate compounded yearly for certain number of years

It is computed as follows:

FV = PV (1+r)^n

FV = Future Value, PV = present value, r- interest rate, n- number of years

<em>Future value of $7500 after 3 years:</em>

FV = 7500× (1.08)^3 = 9,447.84

<em>Future Value of $9000 after 2 years:</em>

FV = 9000 × (1.08^2) = $10,497.6

<em>Future value of $12,500 after 1 year:</em>

FV = 12500× 1.08 = $13,500

The future value of these cashflows at the end of year 5

= 9,447.8 + 10,497.6 + 13,500

= $33,445.44

7 0
3 years ago
Read 2 more answers
Consider the following uneven cash flow stream: Year Cash Flow 0 $0 1 $250 2 $400 3 $500 4 $600 5 $600 What is the present (Year
viva [34]

Answer:

The correct answer is: $1715,87

Explanation:

To calculate the present value you need to use the Net Present Value. The NPV is the difference between the present value of cash inflows and the present value of cash outflows over a period of time.

The formula is:

             n

<h3>NPV= ∑ [Rt/(1+i)^t] - I0</h3>

            t-1

where:

R t​     =Net cash inflow-outflows during a single period t

i=Discount rate of return that could be earned in alternative investments

t=Number of timer periods

<u>In this exercise:</u>

NPV= 0+ 250/1,10^1 + 400/1,10^2 + 500/1,10^3 + 600/1,10^4 + 600/1,10^5

<u>NPV= $1715,87</u>

7 0
3 years ago
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