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Inga [223]
3 years ago
7

If an economy is in a steady-state with no population growth or technological change and the capital stock is above the Golden R

ule level and the saving rate falls:
a. output, investment, and depreciation will decrease, and consumption will increase and then decrease but finally approach a level above its initial state.
b. output, consumption, investment, and depreciation will all decrease.
c. output and investment will decrease, and consumption and depreciation will increase and then decrease but finally approach levels above their initial state.
d. output and investment will decrease, and consumption and depreciation will increase.
Business
2 answers:
hodyreva [135]3 years ago
8 0

Answer: A. output, investment, and depreciation will decrease and consumption will increase and then decrease but finally approach a level above its initial state.

Explanation: from the above question, an economy that is in a steady-state with no population growth or technological change and the capital stock is above the Golden Rule level and the saving rate falls then output, investment, and depreciation will decrease and consumption will increase and then decrease but finally approach a level above its initial state.

xxTIMURxx [149]3 years ago
3 0

Answer:

c. output and investment will decrease, and consumption and depreciation will increase and then decrease but finally approach levels above their initial state.

Explanation:

If an economy is in a steady state with no population growth or technological change and the capital stock is above the Golden Rule level and the saving rate falls: output, investment, and depreciation will decrease, and consumption will increase and then decrease but finally approach a level above its initial state.

The Golden Rule capital stock is the level at which MPK = δ, so that the marginal product of capital equals the depreciation rate. <u>When the economy begins above the Golden Rule level of capital, reaching the Golden Rule level leads to higher consumption at all points in time</u>.

Therefore since in the scenario, capital stock is above golden rule level, consumption will rise, and fall as it approaches golden rule.

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Answer:

C- you have a large monthly car payment

Explanation:

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Short-term investments are important for financial reserve because it helps individuals to recover thier money back even though it may produce low rates. Having significant cash reserves gives an individual the ability to make a large purchase while having reserve to cater for other pressing bills immediately. Individuals are advice to have financial reserve especially when they are constantly paying large monthly bills so as not to affect thier primal needs eg an individual having large monthly car payments should have enough reserve to pay for his car and also for his needs because it can come in handy when there financial problems and money is required for something immediately.

5 0
3 years ago
How are the objectives of lean manufacturing achieved? a. Supplier partnering b. Employee involvement c. Product-oriented produc
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Answer: D. All of these choices are correct.

Explanation:

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This includes all options (a-c) for the following reasons:

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b. Employee involvement - in lean manufacturing, less human effort is required. However high quality goods at the right quanity still needs to be produced.Therefore it is important for the little employees needed, to work cohesively to produce these goods effectively and efficiently.

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8 0
3 years ago
Product X-547 is one of the joint products in a joint manufacturing process. Management is considering whether to sell X-547 at
Lady_Fox [76]

Answer

The answer and procedures of the exercise are attached in the following archives.

Explanation  

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.  

4 0
3 years ago
In its most recent financial statements, Del-Castillo Inc. reported $65 million of net income and $950 million of retained earni
tatiyna

Answer:

$52,000,000

Explanation:

The computation of the dividend paid to the shareholders during the year is shown below:

As we know that

Ending retained earnings balance = Opening retained earning balance + net profit of the year - dividend paid

$950 million = $937 million + $65 million - dividend paid

$950 million = $1,002 million - dividend paid

So, the dividend paid is

= $1,002 million - $950 million

= $52,000,000

5 0
3 years ago
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Answer – Quitting your job to find another
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7 0
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