Which of the following is a compound sentence?

You are asked to make comparisons of two pairs of countries. The first pair are the Latin American countries of Chile and Argent

aleksklad [387]

Answer:

Part a: According to Solow model higher per capita real GDP will be in Chile because of its highest saving rate.

Part b: The per capita capital stock or the labour ratio is the primary factor for these differences in the simple Solow model.

Explanation:

Part a:

According to Solow model higher per capita real GDP will be in Chile because of its highest saving rate.

In Solow model the GDP per capita is defined as

$y=k^{\alpha}=f(k)$

Also the steady state path is given as

$sf(k)=(s+n)k\\\frac{s}{s+n}=\frac{k^*}{f(k^*)}\\\frac{s}{s+n}=\frac{k^*^{\alpha-1}}{k^*}\\\frac{s}{s+n}={k^*^{\alpha-2}}$

As all other parameters are same thus the country with higher value of s will have a higher per capita GDP.

According to the Solow model, higher saving rate means larger capital stock and high level of output at the steady state.

Higher saving rate leads to faster growth in Solow model. So there is higher per capita real GDP for the country that has higher saving rate.

Part b:

In Simple Solow Model, the steady state per Capita GDP, $y^*$ is the function of the steady state per capita capital stock given as $k^*$

Now this indicates that

$y^*=f(k^*)$

where f is an increasing concave function i.e. f'>0 and f''<0

Thus the sole dependence of per capita GDP is on per capita capital stock.

Thus the per capita capital stock or the labour ratio is the primary factor for these differences in the simple Solow model.

6 0

2 years ago

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Silven Industries, which manufactures and sells a highly successful line of summer lotions and insect repellents, has decided to

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What I would do is do the percentages one by one and then you complete the actual project it’s self.

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3 years ago

The 7 types of management styles

QveST [7]

1. autocratic

2. consensus

3. delegating

4. supporting

5. facilitating

6. Democratic

7. integrator

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3 years ago

Briefly explain 3 ways in which multinational corporations are developed

NemiM [27]

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Multinational Corporations (MNCs) set up their factories or production units close to markets where they can get desired type of skilled or unskilled labour at low costs along with other factors of production. After ensuring these conditions MNCs set up production units in the following ways :

(a) Jointly with some local companies of the existing country.

(b) Buy the local companies and then expand its production with the help of modern technology.

(c) They place orders for small producers and sell these products under their own brand name to the customers worldwide.

<h2>HOPE IT HELPS YOU OUT PLEASE MARK IT AS BRAINLIEST AND FOLLOW ME PROMISE YOU TO FOLLOW BACK ON BRAINLY.IN </h2>

4 0

3 years ago

In the context of the developmental stages of groups, which of the following stages is characterized by intragroup conflict, hei

kipiarov [429]

Answer: b. storming

Explanation:

The Storming stage of group development is the stage where the roles of individuals become clearer in the group. They will start to see and understand how each team member works to meet targets and this is where conflict usually begins because team members might find their methods superior to the other.

This can then lead to heighten emotional levels and intragroup conflict making this the stage where most groups are most likely to fail.

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2 years ago