Answer:
income approach
Explanation:
The income approach method for calculating the GDP adds the factor incomes to the factors of production. It uses an approach similar to general accounting procedures since the total amount of the expenditures = total income. It divides the economy into four major factors of production or sources: wages, rents, interest and profits.
Answer:
<u>Using the Harrod-Domar growth equation</u>
Growth rate = Saving rate / Capital output ratio
Growth rate = 0.01 / 3
Growth rate = 0.003
Growth rate = 0.3%
Thus, the value of growth rate is 0.3%
When the incremental capital-output ratio is 3, to achieve the 5% growth rate, the gross saving rate is 0.24 or 24%
Exogenous growth: When the labor supply is perfectly elastic, then the exogenous does not allow any factor to substitute
Endogenous growth: When the labor supply is perfectly elastic, theem the exogenous does not lead to address the savings decision or sources of productivity growth.
Answer:
Explanation:
Using a financial calculator; input the following;
Duration to maturity ; N = 3*2 = 6
Par value of the bond ; FV = 1000
Semiannual interest rate; I = 3%
Semiannual coupon payment;PMT = (7%/2)*1000 = 35
then compute the price; i.e the present value; CPT PV = 1027.09
The price after 6-months would be as follows;
Duration to maturity ; N = 2.5*2 = 5
Par value of the bond ; FV = 1000
Semiannual interest rate; I = 3%
Semiannual coupon payment;PMT = (7%/2)*1000 = 35
then compute the price; i.e the present value; CPT PV = 1022.90
Answer:
C) may involve a locational mismatch between unemployed workers and job openings.
Explanation:
Structural unemployment results from workers lacking the skills and abilities that employers require to fill in vacant job openings.
Many times structural unemployment results from workers being on the wrong place, e.g. people searching for work in Silicon Valley should know about computers, but the same person will probably lack the skills for working in a farm in Kansas.
