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wolverine [178]
3 years ago
5

Consider a small island country whose only industry is weaving. The following table shows information about the small economy in

two different years.
Complete the table by calculating physical capital per worker as well as labor productivity.

Year Physical Capital Labor Force Physical Capital per Worker Labor Hours Output Labor Productivity
(Looms) (Workers) (Looms) (Hours) (Garments) (Garments per hour of labor)
2027 300 100 5,000 45,000
2028 480 120 4,200 50,400


Based on your calculations,______ in physical capital per worker from 2027 to 2028 is associated with______ in labor productivity from 2027 to 2028.
Suppose you're in charge of establishing economic policy for this small island country.

Which of the following policies would lead to greater productivity in the weaving industry? Check all that apply.
a. Imposing restrictions on foreign ownership of domestic capital
b. Offering free public education to every worker in the country
c. Encouraging saving by allowing workers to set aside a portion of their earnings in tax-free retirement accounts
d. Imposing a tax on looms
Business
1 answer:
Oksana_A [137]3 years ago
3 0

Answer:

an increase; an increase.

b. Offering free public education to every worker in the country. c. Encouraging saving by allowing workers to set aside a portion of their earnings in tax-free retirement accounts.

Explanation:

Based on the available information, the physical capital per worker and the labor productivity in 2028 are higher than those in 2027 due to an increase in productivity. Furthermore, if there could be free education, savings, and funding for research work, productivity will definitely increase. This will enlighten the workers and boost the economy.

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8. In the short run, there is a negative relationship between inflation and employment. A: True B. False​
makvit [3.9K]

Answer: False

In the short-run, inflation and unemployment are inversely related; as one quantity increases, the other decreases. In the long-run, there is no trade-off. In the 1960's, economists believed that the short-run Phillips curve was stable.

Explanation:

https://courses.lumenlearning.com/boundless-economics/chapter/the-relationship-between-inflation-and-unemployment/

6 0
3 years ago
A publicly owned corporation is a company whose shares are held by the investing public, which may include other corporations as
Lubov Fominskaja [6]

Answer:

True

Explanation:

A publicly owned corporation is a company is a company owned by shareholders. This type of company's shares is freely traded on a stock exchange

Characteristics of A publicly owned corporation

  • Limited liability. the liability of owners are limited to the amount invested
  • Central management. The company is manged by board of directors and managers and not the shareholders
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6 0
3 years ago
In the context of strategic thinking, which of the following is a difference between for-profit organizations and nonprofit orga
blondinia [14]

Answer:

c.Unlike nonprofit organizations, for-profit organizations focus on gaining competitive advantage in the marketplace.

Explanation:

The nonprofit organization is that organizations whose aim to focus on the welfare of the society as a charity, donation, etc. It can provide services in educational, research, etc,

Whereas, Profit organization is those organization whose focuses to maximizing their profit and minimizing their cost so that it would gain a competitive advantage in the marketplace. Its focuses is to target as the general public.  

Hence, option c is correct

5 0
3 years ago
You have been given the following return information for a mutual fund, the market index, and the risk-free rate. You also know
babymother [125]

Answer:

Sharpe ratio = 0.20

Treynor ratio = –0.005

Explanation:

Note: See the attached excel file for the calculations of average rate of returns, standard deviations and beta used in the calculation below.

a. Calculation of Sharpe ratio

Sharpe ratio refers to a  investment measurement that employed to measure the an investment actual that has been adjusted for the risk associated with the investment.

Sharpe ratio can be calculated using the following formula:

Sharpe ratio = (Average fund rate - Average Risk Free rate) / Standard deviation of fund rate = (5.46% - 2.40%) / 15.05% = 0.20

a. Calculation of Treynor ratio

Treynor ratio refers to investment measurement that is calculated to show the risk of certain investments after the volatility of the market has been taking into consideration.

Treynor ratio can be calculated using the following formula:

Treynor ratio = (Average market return rate - Average Risk Free rate) / Beta = (1.96% - 2.40%) / 87.53% = –0.005

Download xlsx
5 0
3 years ago
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