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ehidna [41]
3 years ago
15

In the Solow growth model without population growth or technological progress, if investment is greater than depreciation, the c

apital stock will ____ and output will ____ as the economy converges to the steady state.
Business
2 answers:
Nat2105 [25]3 years ago
8 0

Answer:

Increase, increase

Explanation:

The correct answers to the blanks are;

First blank : Increase

Second blank : Increase

The Solow Growth Model is a model used in economics to measure the development in economy considering the changes in the level of output over time as a consequence of changes in the population. It also takes account the investment in economy and then the depreciation involved

This model was presented by Robert Solow an Amercian economist

SOVA2 [1]3 years ago
8 0

Answer:

In the Solow growth model without population growth or technological progress, if investment is greater than depreciation, the capital stock will <u>increase</u> and output will <u>increase</u> as the economy converges to the steady state.

Explanation:

A steady-state happens when there is efficient use of natural resources and fair distribution of the wealth generated from the development of the nations resources.

In Solow model states that economic growth is the result of three factors: labor, capital, and technology and the equilibrium growth path is a steady state in which “level variables” such as Investment and Output grow at constant rates and the ratios among key variables are stable.

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A life insurance salesperson who takes advantage of the foot-in-the-door phenomenon would be most likely to
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C. Ask customers to respond to a brief survey of their attitudes regarding insurance.

The "foot in the door" phenomenon is the tendency for people to agree to a large request if they have already previously agreed to a smaller/easier request. In this case, because the salesman has already convinced the customer to sit down and talk to him, they will be more likely to agree to do more by taking the survey.

7 0
3 years ago
Which is the most clear and precise sentence explaining what to do before submitting new content to a webmaster?
Gala2k [10]

Answer:

The correct answer is letter "A": Please consult the Frequently Asked Questions web page before submitting new content to the webmaster.

Explanation:

Webmasters are responsible for the development, coordination, and maintenance of a web site. While sending a message before others submit content to webmasters about information the individuals might also find in the Frequently Asked Questions (FAQ), we should be objective and respectful at all moments. Thus, the phrase:

<em>Please consult the Frequently Asked Questions web page before submitting new content to the webmaster.</em>

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5 0
3 years ago
last month, the tecumseh corporation supplied 400 units of three-ring binders at $6 per unit. this month, the company supplied t
kati45 [8]
Thank you for posting your question here at brainly. I hope the answer will help you. Feel free to ask more questions.
below are the choices that can be found from other sources
A) a decrease in supply.
B) a decrease in the quantity supplied.
C) an increase in the quantity supplied.
<span>D) an increase in supply.
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The answer is D. 
6 0
3 years ago
A firm has the following accounts and financial data for 2007:
Oksi-84 [34.3K]

Answer:

The correct answer is $302.40.

Explanation:

According to the scenario, the computation can be done as:

To calculate firms' earning first we less cost of goods and total operating expenses from sales revenue:

= $3,060 - $1,800 - 600

= $660

Now we deduct the interest expense, then

= $660 - $126

= $534

Now we deduct tax rate, then

= $534 × $213.60    ( $534× 40%)

= $320.40

Now we finally deduct the dividends to get the firm's earning to common shareholder's, then

= $320.40 - 18

= $302.40

Hence, the firm's earning to common shareholder's is $302.40.

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3 years ago
Imagine that you work at a store which sells computer components and you have been made the facilitator of a group whose long te
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6 0
3 years ago
Read 2 more answers
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