Answer: In the given case, the following indicates an increased risk of misappropriation of assets: <u><em>lack of mandatory vacations for employees performing key functions.</em></u>
Here, employees are a integral part of an organization. They are considered as one of the most vital asset of an organization. Therefore if there are lack of mandatory vacations for employees then there will be an increase in risk of misappropriation of assets.
Explanation:
i=interest rate
X=current rate
2X = double current rate
n = number of years
Calculate time it takes to double at 3%:
2X = X(1+i)^n
simplify by cancelling out X
(1+i)^n = 2
substitute i = 3%
(1.03)^n =2
take log
n*log(1.03) = log(2)
n = log(2)/log(1.03) = 0.6931/0.02956 = 23.45 years
Similarly, for growth rate of 7%,
n = log(2)/log(1.07) = 0.6931 / 0.06766 = 10.24 years
So the difference is 23.45-10.24 = 13.21 years (to the hundredth) sooner
If the marginal product for that employee is greater than for the previous employee hired, it must be that there are gains from specialization
<h3>
What is marginal product ?</h3>
- The marginal product or marginal physical productivity of an input (factor of production) in economics, and particularly neoclassical economics, is the change in output that results from using one more unit of a specific input (for example, the change in output when a firm's labor is increased from five to six units), assuming that the quantities of other inputs are kept constant.
- The marginal product is the mathematical derivative of the production function with respect to that input if the output and the input are infinitely divisible, in which case the marginal "units" are infinitesimal.
- When more of one input, such as labor, is used while maintaining a constant level of the other input, such as capital, the marginal product initially rises according to the "rule" of declining marginal returns.
To learn more about marginal product with the given link
brainly.com/question/13623353
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Answer:
The answer is option B) Frictional unemployment is inevitable because the economy needs to be lubricated.
Explanation:
Frictional unemployment is different from others in happens as a result of employees seeking out better opportunities. They could leave voluntarily or be fired from their current jobs but its is for a greater good- which is a quest for better economic opportunity.
Frictional unemployment occurs when there is a mismatch between job seekers and available jobs in the market.
It also happens due to the natural career progression for an employed staff seeking to transition to a new job, industry, or role.
Frictional unemployment is like a lubricant in the economy because an increase in frictional unemployment means more workers are moving toward better positions.
Answer:
The general level of family's income is directly proportional to the amount of cash a family is likely to hold
Explanation:
Of the three motives of money, transactional motives of money relates to holding money(whether at hand or at bank) to meet daily transaction e.g buying of fuel/gas, transport fare to work place.
If the level of income of a family increases, other things being equal, the family tends to hold more money for their daily transaction. The level of income is directly proportional to amount of cash a family holds...
For example, family A earns $100 per week and holds $30 to meet daily transaction or unforeseen circumstances. If his pay increases to$150, it is intuitive for Mr A to hold higher money, lets say $50
