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Papessa [141]
3 years ago
6

Use the following information to answer the questions:

Business
1 answer:
Nostrana [21]3 years ago
7 0

Answer:

A.) Since the United States has an aging population and thus an expected decline in working population in the future, therefore, increasing the output per worker seems more relevant in the United states than increasing the proportion of working population. Because Mexico on the other hand boasts a youthful population, Mexico can increase its standard of living by either increasing its output per worker or by increasing the proportion of the population that works.

B.) GDP INCREASES.....

STANDARD OF LIVING ALSO INCREASES....

INCREASE IN NUMBER OF EMPLOYED WORKERS HAS GREATER WEIGHT THAN THE DECREASE IN LABOR PRODUCTIVITY

Explanation:

A.) Since the United States has an aging population and thus an expected decline in working population in the future, therefore, increasing the output per worker seems more relevant in the United states than increasing the proportion of working population. Because Mexico on the other hand boasts a youthful population, Mexico can increase its standard of living by either increasing its output per worker or by increasing the proportion of the population that works.

2.). - - - - - - - - - - - - - - - - - - - - - YEAR - - - - - -

------ - - - - - - - - - - - - - - - 2014 - - - - - - - 2015

Population - - - - - - - - - - 1000 - - - - - - - 1000

Employed workers - - - - 400 - - - - - - - - 440

Labor productivity - - - - 2000 - - - - - - - 1900

GDP = Labor productivity × employed pop.

2014 GDP = 2000 × 400 = 800,000

2015 GDP = 1900 × 440 = 836,000

GDP INCREASES.....

STANDARD OF LIVING ALSO INCREASES....

INCREASE IN NUMBER OF EMPLOYED WORKERS HAS GREATER WEIGHT THAN THE DECREASE IN LABOR PRODUCTIVITY

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If a city of 10,000 experiences 200 births, 60 deaths, 10 immigrants, and 30 emigrants in the course of a year, what is its net
kykrilka [37]

Solution:


200 births and 10 immigrants will be added to the population. Total is 210.


60 deaths and 30 emigrants will be taken away from the population. Total here is 90.


Just a reminder that an emigrant is somebody who leaves their own country to lastingly settle into a different country.


Therefore, 210 people are added to the population, and 90 people are to be subtracted, for a net gain of 210 - 90 = 120 people.


What percentage is 120 of 10,000?


<span>120/10,000 = 0.012 = 1.2% annual growth rate</span>

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