1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Margaret [11]
3 years ago
8

Assume that the economy grows by 3 percent, total factor productivity grows by 2 percent, and the labor force grows at 2 percent

. If labor contributes 40 percent to real GDP, then the stock of capital must have risen by 0.33 percent. A. True B. False
Business
1 answer:
RideAnS [48]3 years ago
3 0

Answer:

correct option is A. True

Explanation:

given data

economy grows = 3 percent

total factor productivity grows = 2 percent

labor force grows = 2 percent

labor contributes = 40 percent

stock of capital rise = 0.33 percent

solution

we apply here Economy growth % formula that is

Economy growth % = total factor productivity + labor contributes × labor force grows + ( 1- labor contributes ) stock of capital   .............1

put here value

3% = 2% + 40% (2%) + 60% C

3% = 2.8 + 0.6 × C

C = \frac{0.2}{0.6}  

C = 33.33 %

so given statement is true

You might be interested in
A company is creating three new divisions and seven managers are eligible to be appointed head of a division. How many different
Orlov [11]
4 ways, hope it helps buddy
8 0
3 years ago
You are considering two equally risky annuities, each of which pays $5,000 per year for 10 years. Investment ORD is an ordinary
liubo4ka [24]

Answer:

A rational investor would be willing to pay more for DUE than for ORD, so their market prices should differ.

Explanation:

If both annuities pay the same amount ($5,000 per year), then the present value of the annuity due will always be higher than the present value of the ordinary annuity. Therefore, an investor will always be willing to pay more (at equal risk) for the annuity due than the ordinary annuity.

E.g. let say that both annuities carry a 10% interest rate.

The present value of the annuity due is:

PV = $5,000 + [$5,000 x 5.7590 (PV annuity factor, 10%, 9 periods)] = $33,795

The present value of the ordinary annuity is:

PV = $5,000 x 6.1446 (PV annuity factor, 10%, 10 periods) = $30,723

The logic behind this is that $1 today is worth more than $1 tomorrow, and the annuity due's first payment is today, while the ordinary annuity's first payment is in 1 year.

4 0
3 years ago
Solve 2x + 0.03x = 255​
Xelga [282]

Answer:

\frac{25500}{3}

8 0
3 years ago
What is an example of a comparative advantage of Mexico over the United States?
Neporo4naja [7]

Answer:

For example, a trade where the U.S. exports 4,000 refrigerators to Mexico in exchange for 1,800 pairs of shoes would benefit both sides, in the sense that both countries would be able to consume more of both goods than in a world without trade.

<h3>hope it's help you </h3><h3>plz mark as brain list</h3>
3 0
3 years ago
The owner of Genuine Subs, Inc., hopes to expand the present operation by adding one new outlet. She has studied three locations
stepan [7]

Answer:

Sales quantity for A = $17,977

Sales quantity for B = $18,539

Sales quantity for C = $18,876

Explanation:

Given that

Monthly profit = $11,000

Fixed cost A = $5,000

Fixed cost B = $5,500

Fixed cost c = $5,800

The computation of given question is below:-

Every Sandwich Profit

= $2.65 - $1.76

= $0.89

Sales quantity = (Profit + Fixed cost) ÷ Profit per unit

Sales quantity for A = ($11,000 + $5,000) ÷ $0.89

= $17,977

Sales quantity for B = ($11,000 + $5,500) ÷ $0.89

= $18,539

Sales quantity for C = ($11,000 + $5,800) ÷ $0.89

= $18,876

3 0
3 years ago
Other questions:
  • Jim wants to buy a car, but he'll probably need it for a couple of years. he has a short commute to work, so he won't be putting
    8·2 answers
  • If a software package is purchased, consider a _____, which offers additional support and assistance from the vendor.​
    14·1 answer
  • Labor is a resource that is necessary to produce many goods. "If the price of labor falls," says the economist, "the prices of g
    11·2 answers
  • Question 3 of 10
    5·1 answer
  • (a) suppose that a homeowner converts part of an existing family room in her house into a new bathroom. what is the expected inc
    6·1 answer
  • The use of the lower of cost or net realizable value (LCNRV) method to value inventory for reporting purposes is a departure fro
    6·1 answer
  • Braxton's Cleaning Company stock is selling for $33.25 per share based on a required return of 11.7 percent. What is the the nex
    9·1 answer
  • Williams Manufacturing uses scrap metal to produce various tools, such as drill bits, hammer heads, saw blades, and nails. The C
    9·1 answer
  • What is Seth Godin’s overall message to companies?
    13·1 answer
  • Sergio has decided to diversify his investments in the following way: $4,000 in an account earning 3. 2% simple interest $4,000
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!