Answer:
C) Technological change
D) Quantity of capital per hour worked
Explanation:
Technological change is the most important factor for economic growth. It is more important than capital per hour worked since technological change can increase productivity dramatically, e.g. smartphones and the internet changed the way the whole world's population lives and carries out business.
Answer:
The answer is "36.197%".
Explanation:
Formula for EMI
![\to p \times \frac{r}{n} \times [\frac{(1+\frac{r}{n})^{nt}}{(1+\frac{r}{n})^{nt} -1}]](https://tex.z-dn.net/?f=%5Cto%20p%20%5Ctimes%20%5Cfrac%7Br%7D%7Bn%7D%20%5Ctimes%20%5B%5Cfrac%7B%281%2B%5Cfrac%7Br%7D%7Bn%7D%29%5E%7Bnt%7D%7D%7B%281%2B%5Cfrac%7Br%7D%7Bn%7D%29%5E%7Bnt%7D%20-1%7D%5D)
![= 245,000 \times \frac{0.03125}{12} \times [\frac{(1+\frac{0.03125}{12})^{12 \times 25}}{(1+\frac{0.03125}{12})^{12 \times 25} -1}]\\\\= \$ 1177.81\\\\](https://tex.z-dn.net/?f=%3D%20245%2C000%20%5Ctimes%20%5Cfrac%7B0.03125%7D%7B12%7D%20%5Ctimes%20%5B%5Cfrac%7B%281%2B%5Cfrac%7B0.03125%7D%7B12%7D%29%5E%7B12%20%5Ctimes%2025%7D%7D%7B%281%2B%5Cfrac%7B0.03125%7D%7B12%7D%29%5E%7B12%20%5Ctimes%2025%7D%20-1%7D%5D%5C%5C%5C%5C%3D%20%5C%24%201177.81%5C%5C%5C%5C)
Formula for calculate balance after 10 years:
![\to 245,000 \times (1+ \frac{0.03125}{12})^{10\times 12} - 1177.81 [\frac{(1+\frac{0.03125}{12})^{10\times 12} - 1}{ \frac{0.03125}{12}}]\\\\\to \$ 334739.43 - \$ 165,662.30\\\\\to \$ 169077.13](https://tex.z-dn.net/?f=%5Cto%20245%2C000%20%5Ctimes%20%281%2B%20%5Cfrac%7B0.03125%7D%7B12%7D%29%5E%7B10%5Ctimes%2012%7D%20-%201177.81%20%5B%5Cfrac%7B%281%2B%5Cfrac%7B0.03125%7D%7B12%7D%29%5E%7B10%5Ctimes%2012%7D%20-%201%7D%7B%20%5Cfrac%7B0.03125%7D%7B12%7D%7D%5D%5C%5C%5C%5C%5Cto%20%5C%24%20334739.43%20-%20%5C%24%20165%2C662.30%5C%5C%5C%5C%5Cto%20%5C%24%20169077.13)
Total amount after 10 years:
calculate rate:
Answer:
b. $8,140
Explanation:
The computation is shown below:
= Merchandise amount - return and allowances - discount + freight charges
= $10,000 - $2,000 - $160 + $300
= $8,140
The discount = (Merchandise amount - return and allowances) × discount rate
= ($10,000 - $2,000) × 2%
= $160
Simply we deduct the returned inventory and discount expense and added the freight charges to the merchandise amount
It is true that morbidity statistics more precisely define the health of a population than mortality statistics.
Morbidity statistics deals with illness within a nation - it is a record about various diseases that people suffer from. So obviously this statistics will be more beneficial for determining the health of a population than a number of dead people.
Answer: When a firm is operating in a perfectly competitive labor market: <u>"the firm can buy as much or as little labor as it wants at a fixed, going wage rate."</u>
Explanation:
1- "the wage the firm increases with the number of workers hired" - Is incorrect because The salary paid by the company is treated as a constant salary.
2- Correct.
3- "the firm’s marginal expense of labor (MEL) equals the cost of all workers hired." is incorrect because the firm’s marginal expense of labor (MEL) is equal to the salary (wage) rate.
