<span>An increase in the marginal income tax rate is likely to decrease the quantity of labor supplied. because the increase in the tax automatically reduces the profit of the firm. the management will always try to compensate their loss by taking necessary reforms or measures. the first and simplest method to reduce the loss is to cut down the expense by reducing the labour involved.</span>
Answer:
rate of technological progress = 8 %
Explanation:
given data
capital net of depreciation = 10 percent
Population growing rate = 2 percent.
solution
we will apply here Golden Rule that is
According to golden Rule level of capital accumulation is in steady state which have the highest level of the consumption
so here rate of technological progress is = 10% - 2 %
rate of technological progress = 8%
and here economy will at Golden Rule steady state
so correct answer is 8 percent
Answer:
The correct answer is rational decision making.
Explanation:
The question about rationality is that all human beings are different, with different tastes, variety of opportunities and what is rational or useful for one person may be totally different from what would satisfy another. In addition to everyday situations, people often make quick and unconscious decisions that are part of their daily experiences and are chosen by inertia, which can often leave rationality aside to become repetitive or everyday choices, another really important aspect Within the issue of decision making is the change of thoughts, tastes or perspectives of people over time and according to their experiences or areas in which they are, in short, what for a person can be rational in this At the moment, it won't be in the future.
The above gives us a perspective of decision-making in many fields where it can be observed that the most important thing is the search for self-benefit and where opportunity costs are weighed in order to see what is most useful within the opportunities They are available. The most interesting of all is to understand that we live with economic science on a daily basis and that without a doubt it is immersed in us when making decisions; It is also called "The hidden logic of life."
Answer:
lose $2.000
Explanation:
with the 5000 you bought 2500 shares (5000/2)
Then the moment you decide to sell them your price drops.
2500 shares for $ 1.40 = $ 3500
which means a loss of = $ 1500
also, interest on the loan must be paid
$ 5000 10% = $ 500
Total loss of operations = 1500 + 500 = $ 2,000
