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saveliy_v [14]
4 years ago
14

The fictitious country "Alpha" has a population of 30 million people, of which 20 million are employed workers. The real GDP of

Alpha is $18,600 million.
Find the average labor productivity and the share of the population that is employed.

Instructions: Enter your responses rounded to two decimal places.

Business
1 answer:
kirill [66]4 years ago
8 0

Answer:

average labor productivity=$930/person

share of the population that is employed=66.67%

Explanation:

See attached picture.

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The competitive situation where at&t, mci, and sprint control approximately 80 percent of the international long-distance te
Leno4ka [110]

Oligopoly

What is Oligopoly?

In Oligopoly markets, a limited number of suppliers control the market. They are present in every nation and a wide variety of industries. While some oligopoly markets are much more competitive than others, others can at least appear to be so. Investigations into allegations of coordinated behaviour or a lack of fierce competition are frequently requested from competition authorities.

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6 0
2 years ago
Venus Inc., a producer of high-end computer software, provides merchandising aids to its distributors in the form of interactive
kenny6666 [7]

Answer:

Venus, Inc. is employing a push strategy.

Explanation:

This is a promotional strategy used by marketers to "push" their products into the customer and is often used when launching a new product. The idea is to make the product known to the public that <em>does not know</em> of it and is <em>not actively looking for it</em>. Companies often provide incentives to its distributors to give them <u>higher visibility</u> and set up <u>pont-of-sale displays.</u>

7 0
3 years ago
You are considering an investment in a mutual fund with a 4% load and expense ratio of 0.5%. You can invest instead in a bank CD
alexira [117]

Answer:

r>8.68695%

Annual rate of return is r>8.68695%

Explanation:

The net return, the buyer will get= 1+r-0.005

Where:

r is the interest rate

0.005 is expense ratio (0.5%)

Let suppose $1 is invested, then the return after two years is as below:

(1-0.04)*(1+r-0.005)^2

Considering the annual compounding of returns, the compound interest on $1 for 2 years will be (1+0.06)^2

The fund portfolio earn for you to be better off is:

(1-0.04)*(1+r-0.005)^2>(1+0.06)^2

0.96*(r+0.995)^2>1.1236

0.96*(r^2+1.99r+0.990)>1.1236\\0.96r^2+1.9104r+0.9504-1.1236>0\\0.96r^2+1.9104r-0.173>0

Solving the above equation, we will get:

r>0.0868695                     r>-2.0768 (Ignore this value as it is -ve

r>8.68695%

Annual rate of return is r>8.68695%

3 0
4 years ago
A 401(k) account is very valuable because ______.
yulyashka [42]
A 401(k) gives you tax breaks, therefore I'd say A.
5 0
4 years ago
Read 2 more answers
Which best describes the role of financial planning?
Savatey [412]

The role of financial planning can be described by allowing someone to have lesser obstacles in an economy of a country.

Option D is the correct answer.

<h3>What is a financial plan?</h3>

A financial plan is a statement defining the company's recent finances, the objectives and the strategies to attain those objectives.

Financial planning helps in the creation of budgets for future uses, formulate the ways for minimizing or saving the charges to be incurred in the future and execute the ways of accumulating and increasing the wealth of an organization.

Therefore, the explanation provided in part D would best describe the role of financial planning.

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5 0
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