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CaHeK987 [17]
3 years ago
15

Make way for India - the next China China grows at around 9 percent a year, but its one-child policy will start to reduce the si

ze of China's working-age population within the next 10 years. India, by contrast, will have an increasing working-age population for another generation at least. Then answer the following questions: According to classical growth theory, restricting China's population ______ economic growth. According to new growth theory, restricting China's population growth ______ economic growth.
Business
1 answer:
lorasvet [3.4K]3 years ago
5 0

Answer:

The answer is "India and increases".

Explanation:

Since its working-age population is rising, India will have a higher economic growth rate, and according to traditional thinking, restricting China's people would boost economic growth.

  • The modernization theory includes reducing population growth in China would reduce economic growth.
  • In India, real GDP per person has a growth of 8-1.6 = 6.4% as well as that of China is 9-0.6 = 8.4% in 2005.
  • In India, the doubling time is 70/6.4% = 11 years or 2016 and in China, 8.33 or 2014.
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Answer:

The production possibilities curve would have shifted inwards.

Explanation:

A production possibility curve shows the maximum possible bundles of two goods that can be produced in an economy in a given period. A reduction in the availability of resources causes this curve to shift to the left.  

The outbreak of bubonic plague in the 14th century caused the European population to decrease by 30-60%. A decrease in the population implies a decrease in the labor force. This means that the economies will be able to produce less than earlier.  

This will cause the production possibilities curve to shift inwards to the left.

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3 years ago
Tony works as a salesperson at Franklin Delights, a company that specializes in labor-saving kitchen appliances. When Tony gives
klasskru [66]

Answer: adaptive selling

                           

Explanation: In simple words, adaptive selling refers to the ability under which an employee changes his or her behavior with the change in the status of the clients.

Under such style of selling, the salesman performing highly focus on the type of customer, the situation in which sales is made and the feedback received and tailors his or her approach to sales accordingly.

In the given case, Tony is stating different facts regarding the product for different customers. Hence we can conclude that he is doing adaptive selling.

7 0
4 years ago
Caleb owns a small business in houston. What should caleb do to encourage creativity among his employ?
avanturin [10]

Caleb should put as many promising ideas to test and encourage creativity among his employ.

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Encourage is defined as to give someone hope, confidence or support.

<h3>What makes a person encouraging?</h3>

Once we understand what the issue is, an important part of encouraging someone is to validate their feelings, and try to understand why they feel that way. I personally find that one of the least effective ways to encourage someone is to just say something like 'it'll be fine' or 'don't worry, you'll be great'.

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7 0
2 years ago
g Suppose you have a possible investment that costs $100 today but, starting one year from now, pays $5 in some years with proba
Goryan [66]

Answer:

Expected NPV=$666.67

Explanation:

Initial Cost=$100

NPV in case cash inflow is $5=-100+5/1%=$400

NPV in case cash inflow is $8=-100+8/1%=$700

NPV in case cash inflow is $10=-100+10/1%=$900

Expected NPV=(1/3)*400+(1/3)*700+(1/3)*900=$666.67

5 0
4 years ago
True or False? A general partnership protects partners from the debts of the company.
Phantasy [73]

Answer:

True

Explanation:

Do you need an Explanation? Or no??

6 0
3 years ago
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