explain the correlation between human capital education and income and how will this influence your career choice

With increased economic progress, cultures across the world seem to be moving toward some universally accepted values and norms.

lawyer [7]

Answer:

The correct answer is letter "E": convergence hypothesis

Explanation:

In Economics, the convergence hypothesis describes how increasing industrialization in different countries could lead to transform the economy to an industrialized world where the same societal patterns, ideologies, behaviors, and customs will be spread which is likely to create a global culture.

7 0

2 years ago

The number and magnitude of decisions and problems that must be addressed during an emergency are a direct outgrowth of: A. The

konstantin123 [22]

Answer:

The correct option is B.

Explanation:

Emergency managers and planners are professionals, who are experts in the art of analyzing problems, making appropriate decisions and taking necessary actions that will solve the problems on ground.

The decision making process usually begin before the occurrence of emergency, this is called the planning stage. At this stage, an organization usually make decisions about how it is going to react to certain emergency situations that might occur in the future.

An effective and deliberate planning prior to emergency will greatly enhance the ability of the organization to respond effectively during emergency situations. The number and the size of decisions and problems that need to be addressed during an emergency situation depend largely on the quality of the decisions that were made (or were not made) during the planning process.

7 0

3 years ago

Colgate-Palmolive Company has just paid an annual dividend of . Analysts are predicting dividends to grow by per year over the n

denis23 [38]

The amount of $97.85 is the price that dividend-discount model predict that Colgate stock should sell for today

Given Information

Current dividend (D0) = $1.59

Dividend payments for next five years includes:

D1 = 1.59 +0.18

D1 = 1.77

D2 = 1.77 +0.18

D2 = 1.95

D3 = 1.95 +0.18

D3 = 2.13

D4 = 2.13 +0.18

D4 =2.31

D5 = 2.31 +0.18

D5 =2.49

Year Cash Flow PVF at 8.1% Present value

1 1.77 0.92506938 1.637372803

2 1.95 0.855753358 1.668719048

3 2.13 0.791631229 1.686174517

4 2.31 0.73231381 1.691644901

5 2.49 0.677441082 1.686828295

Present value of Dividends 8.3707

PV of remaining dividends in 5 year = D5 x (1+g)/(Ke-g))

PV of remaining dividends in 5 year = 2.49(1+0.061)/(0.081-0.061)

PV of remaining dividends in 5 year = $132.0945

Given that g=6.1%, ke=8.1%

PV of remaining dividends in year = 0 = PV of the remaining dividends in year 5* 1/(1+0.081)^5

= 132.0945 * 1/(1+0.081)^5

= $89.48624

As per dividend-discount model, Colgate stock should sell for today = PV of Dividends till 5th year + PV of Remaining Dividend at t=0

= $89.48624 + $8.3707

= $97.8531

= $97.85

Hence, the amount of $97.85 is the price that dividend-discount model predict that Colgate stock should sell for today.

Read more about dividend

brainly.com/question/3161471

8 0

2 years ago

When the cross price elasticity between good X and other related goods is positive and very low firm X can be assumed to have?

geniusboy [140]

Answer:

c. a significant amount of market power

Explanation:

Cross price elasticity measures the responsiveness of quantity demanded of a good to the changes in price of another good.

If the cross price elascitiy is postive, the goods are subsituites.

If the cross price elasticity is negative, the goods are complementary goods.

If the cross price elasticitiy is low the firm has market power. It means that it's consumers do not change the quantity demanded when the price of the good changes

If the cross price elasticitiy is high, the market has low market power.

I hope my answer helps you.

3 0

3 years ago

On January 1, Applied Technologies Corporation (ATC) issued $550,000 in bonds that mature in 10 years. The bonds have a stated i

I am Lyosha [343]

Answer:

1. $550,000

Explanation:

1. It is given in the question that the stated interest rate and the market interest rate both are having the same rate, i.e, 12%.

Hence, the bonds are issued at the face value that is $550,000.

2. The Journal entries are as follows:

(i) On January 1,

Cash A/c Dr. $550,000

To bonds payable $550,000

(To record the bond issuance)

(ii) On December 31,

Interest Expense A/c Dr. $66,000

To cash A/c $66,000

(To record the first interest payment on December 31 assuming no interest has been accrued earlier in the year)

Workings:

Interest expense = $550,000 × 12%

= $66,000

7 0

2 years ago