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3 years ago

6

A system of economic organization in which the ownership and control of productive capital assets rests with the state and in wh

ich resources are allocated through central planning and political decision making is called

1 answer:

liq [111]3 years ago

3 0

Your answer is a command economy. Good Luck.

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Daniel had been earning $67 per hour and working 45 hours per week. Then Daniel's wage changes to $76 per hour, and as a re

Liula [17]

Answer:

Explanation:

When we talk about wages and labor hours, we can observe the choice a worker has between leisure and work. In this case, Daniel's wage increased from $67 to $76 per hour, meaning that for him, work becomes more profitable than leisure, as he's earning more per hour that he works. In this case, the substitution effect shows how attractive it can be for Daniel to give up leisure to do more hours of work because of a higher reward. However, as his wage is higher now, the income effect highlights the possibilities of keeping up with a decent standard of living, without spending as many hours as he did before working. He has the possibility to increase his leisure hours, as he's been paid more per hour worked.

4 0

4 years ago

Suppose the classical linear model assumptions hold, and the population model for log(wage) is given by:

USPshnik [31]

Answer:

Throughout the clarification segment down, the definition including its concern is explained.

Explanation:

The query presented seems to be incomplete. Please notice the full issue attachment below.

The classical model relies on either the calculation as well as assumption of "finite sample," suggesting that perhaps the amount of measurements "n" is defined.

Present work does not affect salary seems to be:

⇒ H₀ : B₃ = 0

One side of the alterbate theory would be that ceteris paribus, duration at current employment seems to harm incomes.

It is possible to state everything as:

⇒ H₁ : B₃<0

3 0

3 years ago

he balance sheet for Crutcher Corporation reported 220,000 shares outstanding, 320,000 shares authorized, and 22,000 shares in t

mash [69]

Based on the information given the maximum number of new shares that Crutcher could issue is 78,000 shares.

First step is to calculate Issued share using this formula

Issues shares=Outstanding shares + Treasury stock shares

Let p[lug in the formula

Total authorized shares=220,000+22,000

Total authorized shares=242,000 shares

Second step is to calculate the maximum number of new shares using this formula

Maximum number of new shares =Authorized shares- Issued shares

Let plug in the formula

Maximum number of new shares=320,000-242,000

Maximum number of new shares =78,000 shares

Inconclusion the maximum number of new shares that Crutcher could issue is 78,000 shares.

Learn more here:<em>brainly.com/question/18761121</em>

5 0

2 years ago

Four years ago, Saul invested $500. Three years ago, Trek invested $600. Today, these two investments are each worth $800. Assum

Tasya [4]

Answer:

A) One year ago, Saul's investment was worth less than Trek's investment. B)

Explanation:

Computation of Saul's Investment Rate of Interest

A = P(1 + r)^t

Where: A = Final amount

P = Principal amount

r = Interest rate

t = Time period in years.

A = $800

P = $500

r = Unknown

t = 4 years

800 = 500(1 + r)^4

Divide both sides by 500

800/500 = (500(1 + r)^4 )/500

1.6 = (1 + r)^4

Take the fourth root of both sides

$\sqrt[4]{1.6}$ = $\sqrt[4]{1 + r)^4}$

1.1246826504 = (1 + r)

1.1246826504 = 1 + r

Subtract 1 from both sides

1.1246826504 - 1 = 1 -1+ r

0.1246826504 = r

Convert 0.1246826504 to percentage and to 2 decimal places

r = 12.47%

That is, Saul investment is at 12.47% interest rate

Computation of Trek's Investment Rate of Interest

A = $800

P = $600

r = Unknown

t = 4 years

800 = 600(1 + r)^4

Divide both sides by 600

800/600 = (600(1 + r)^4 )/600

1.333333333 = (1 + r)^4

Take the cube root of both sides

$\sqrt[3]{1.333333333}$ = $\sqrt[3]{1 + r)^4}$

1.100642416 = (1 + r)

1.100642416 = 1 + r

Subtract 1 from both sides

1.100642416 - 1 = 1 -1+ r

0.100642416 = r

Convert 0.100642416 to percentage and to 2 decimal place

r = 10..06%

That is, Trek investment is at 10..06% interest rate

It can be observed that Saul earns a higher rate of return than Trek. The fact that both investment have equal returns today, it means Saul's investment was worth less than Trek's investment one year ago.

4 0

3 years ago

What is the purpose of a greenfield investment? to acquire an existing firm in a foreign country. to merge with an existing firm

Stels [109]

According to the Bureau of Economic Analysis (BEA), a greenfield investment is a project “where foreign investors establish a new business or expand an existing business on U.S. soil.”

4 0

3 years ago