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atroni [7]
3 years ago
9

According to the Solow growth model, high population growth rates:_________ a) are a prerequisite for technological advances and

higher living standards. b) force the capital stock to be spread thinly, thereby reducing living standards. c) place great strains on an economy's productive resources, resulting in perpetual poverty. d) are not a factor in determining living standards."
Business
1 answer:
sashaice [31]3 years ago
8 0

Answer:

b) force the capital stock to be spread thinly, thereby reducing living standards.

Explanation:

Solow growth model: It is a model of economic growth, which was developed by Nobel laureate Robert Solow. It helps in analyzing the change in the output of production due to a change in population growth rate, saving rate and technological growth rate.

In the Solow growth model, an increase in population growth rates will increase the growth rate of the total output of production, however, there are no sharp changes in the growth rate of per capita output and decrease in capital intensity and saving rate, which reduce living standard.

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<h3>What are account representatives?</h3>

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Question 2 of 10
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It should be noted that a benefit of contributing to a retirement account is A. The amount of income that's taxable is reduced.

<h3>What is the benefit of retirement account?</h3>

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Therefore, the benefit of contributing to a retirement account is the amount of income that's taxable is reduced.

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3 years ago
_____________A measurement of how much you like a product or service, ignoring the effects of price and its inconvenience. It co
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Answer:

consumption utility

Explanation:

Consumption utility is a measurement of how much you like a product or service, ignoring the effects of price and its inconvenience. Consumption means using up of utilities. For example – when we take a glass of water to quench our thirst, we are said to consume water.  Whenever we make use of any commodity or service for the satisfaction of our wants, the act is called consumption.  Therefore, by consumption we mean the satisfaction of our wants by the use of commodities and services. Economic analysis of household behavior is based on the assumption that people seek the highest level of utility or satisfaction. Individuals are the only judge of their own utility. In general, greater consumption of a good brings higher total utility. However, the additional utility received from each unit of greater consumption tends to decline in a pattern of diminishing marginal utility.  The utility-maximizing choice on a consumption budget constraint can be found in several ways .

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4 years ago
your parents spent $7,800 to buy 200 shares of stock in a new company 12 years ago. the stock has appreciated 14.6 percent per y
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Based on the information the current value of those 200 shares is $40,023.03.

Using this formula

Future value=Principal(1+rate)^Time

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Principal=$7,800

Rate=14.6% or .145

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Let plug in the formula

Future value=$7,800 × (1 + .146)^12

Future value=$7,800×(1.146)^12

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