1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
shtirl [24]
3 years ago
15

If the world's population is growing by 1 percent a year.

Business
1 answer:
fiasKO [112]3 years ago
5 0

Answer:

Explanation:

a )

Standard of living is calculated as follows

Standard of living = Real GDP / Population

Growth in standard of living = growth in real GDP - growth in population

Now given growth in standard of living = 0

0 = growth in real GDP - growth in population

growth in real GDP = growth in population

growth in real GDP = 1%

Therefore, to keep living standards from falling,  production have to increase by 1 %.

b )

If workforce increases by 1 % ,  that means population increases by 1 % and

productivity ( MPP ) increases by 1 %  that means GDP increases by 1 %

Hence

Growth in standard of living = 1 % -  1 % = 0

The living standard will remain stagnant .

You might be interested in
Which of the following principles underlies the interaction of individual choices? a Marginal analysis is used for "how much" de
GalinKa [24]

Answer:

d There are gains from trade.

Explanation:

A trade can be defined as the process that typically involves the buying and selling of goods and services between a buyer (consumer) and a seller (producer).

Thus, trade creates an enabling environment that suits a specific service provider or producer of a particular product.

Basically, the interaction of individual choices underlies the fact that there are gains from trade.

This ultimately implies that, as a result of the difference between human needs and wants, there is always an opportunity for various producers to manufacture goods and services to meet the needs or requirements of these customers.

6 0
3 years ago
A bond has a $1,000 par value, 20 years to maturity, and a 5 nnual coupon and sells for $860. What is its yield to maturity (ytm
o-na [289]

Its annual compound yield to maturity (YTM)  is $881.00

An annual compound hobby is calculated by multiplying the initial main amount by one plus the once-a-year hobby fee raised to the wide variety of compound durations minus one. A hobby may be compounded on any given frequency agenda, from continuous to every day to annually.

"12% hobby" approach that the hobby fee is 12% in keeping with year, compounded annually. "12% interest annual compound monthly" manner that the hobby charge is 12% in line with the year (no longer 12% consistent with month), compounded month-to-month. Consequently, the hobby price is 1% (12% / 12) in line with the month.

A compound hobby is the addition of a hobby to the principal sum of a mortgage or deposit, or in other phrases, interest on essential plus interest.

First, find YTM

N = 20

I = YTM

PV = -860

PMT = 50

FV = 1000

YTM = 6.245%

The price after 5 years is nothing but the future value of the bond after 5 years

N = 5

I = YTM = 6.245

PV = -860

PMT = 50

FV = $881

So the answer is $881.00

Learn more about annual compound here brainly.com/question/24274034

#SPJ4

8 0
1 year ago
Complete a​ fish-bone chart detailing reasons why an airline customer might be dissatisfied. LOADING... Click the icon to view t
kvv77 [185]

Answer:

<em>B: Machineries </em>

Lighting is not running,there seems to be an issue with the mechanical equipment and the chairs are too tight so there's no leg room.

<em>C: Methods </em>

The lack of adequate preparation and methods or processes results in delay of flight and also poor communication is the problem due to the lack of optimized or structured process.

<em>D: Man Power </em>

Scarcity is the reason why not enough ticket agents to issue tickets and manage the queue and also not enough traffic police to regulate and track the process.

5 0
2 years ago
Work Breakdown Structures typically include one or more intermediate levels. Which of the following statements correctly describ
nikklg [1K]

Answer:

c. They generally represent items that need to be created in order to produce the final deliverables.

Explanation:

Work Breakdown Structure (WBS) is a tool that the project manager uses to progressively divide deliverables into smaller pieces. It gives framework that can be used as a basis for further planning activities. They are displayed in an indented outline format.

6 0
3 years ago
Adelle is a department manager at a large corporation. She has made a conscious choice to lead in ways that enrich the lives of
Misha Larkins [42]

Answer:

Adelle’s attitudes and behaviors are most consistent with the <u>post-conventional</u> stage of moral development.

Explanation:

According to Kohlberg's theory of moral development, there are three stages of moral development. They are the pre-conventional, conventional and post-conventional stages.

Adelle's behavior is consistent with the post-conventional stage. In this stage a person develops his/her own sense of morality and <em>make conscious decisions</em>, not just relying on what the society believes to be right or wrong.

4 0
3 years ago
Other questions:
  • The images of darkness in sonnet 79 by pablo neruda are different from the images of darkness in his sonnet 17 because in sonnet
    12·2 answers
  • On January 1 of this year, Diaz Boutique pays $105,000 to modernize its store. Improvements include new floors, ceilings, wiring
    6·1 answer
  • An organization's mission statement is described as not ruling out any opportunity management might wish to pursue. This mission
    8·1 answer
  • To develop a portfolio that provides the best return possible with a minimum risk, the linear programming model will have an obj
    12·1 answer
  • When Building a Pallet to be shipped over the road, How Should The cases Be Placed On The Pallet?
    10·2 answers
  • What is the difference between marketing and merchandising? How do each of these concepts fulfill a different function in the bu
    15·2 answers
  • 7. During January 2005, an Italian invested in the Italian stock market and earned a return of 1.47%. During the same month, an
    6·1 answer
  • FORco, a country F corporation, wants to open a sales office in the United States. FORco does not form a U.S. subsidiary, but in
    14·1 answer
  • Alex has saved $30 per week to buy a new Blu-Ray player. He compares two different models: a Panaview that is priced at $130 and
    12·1 answer
  • What is the main challenge that red frog events faces as the organization grows?
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!