Answer:
the country is above the steady state
Explanation:
An economy has the per-worker production function <em>y = 
</em>
Here,
<em>y </em>is the output per worker and <em>k </em>is the capital-labor ratio
depreciation rate <em>d = 0.5.</em>
Population growth rate is <em>n = 0%</em>
a. At steady state
<em>Δk = 0</em>
<em>sy-k(d+n) = 0 </em>
<em>sy = k(d+n)</em>
<em>0.5 ( ) = k (0.05 + 0)</em>
<em>0.5 
= 0.05k</em>
then resolve for <em>k</em>, and obtain <em>k=100. </em>The capital in steady state.
If the k=400, then the output
<em>y = </em>
<em> =
</em>
<em> =20</em>
Thus, the country is above the steady state
Firms will generally make-to-order when the demand for goods is not stable.
<h3>What is Make to order?</h3>
Make to order (MTO) is a production process that involves a customer ordering a specific products which is usually different from the general products.
The products may be customized and its usually done when a company has less demand or work.
Therefore, Firms will generally make-to-order when the demand for goods is not stable.
Learn more make to order below
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Answer:
The statement is: True.
Explanation:
The Adjusted Gross Income (<em>AGI</em>) is a measure based on individuals' gross income that serves as the basis for different deductions, among them, taxes. Taxpayers can request a tax credit based on certain expenditures that can be eligible for deduction. To do so, they must itemize those expenses in <em>Form 1040</em> (Schedule A). Otherwise, the deduction will be based on the taxpayer's AGI.
Consumer protection is the movement to protect the valid interests of consumers and is a major force in small business today
Answer:
From a buyer's perspective, a sale made on credit represents a liability. While a sale made on cash represents a decrease of current assets.
From a seller's perspective, a sale made on credit or cash increases current assets, but the possibility of a bad debt always exist, therefore, accounts receivables must be periodically adjusted due to bad debts.
If the seller or buyer uses accrual accounting system, the previous description holds, but if they use cash basis accounting, things change a lot. When use cash basis, transactions are recorded only when cash is exchanged, so accounts receivables do not actually increase assets (seller's perspective), and accounts payables do not increase liabilities (buyer's perspective).
