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Anika [276]
3 years ago
10

Label the following statements as True or False.

Business
1 answer:
kumpel [21]3 years ago
6 0

Answer:

1. All else equal, countries with more natural resources have a higher GDP per capita than those with few natural resources. - True

All else being equal (ceteris paribus), if a country is endowed with more natural resources, it will have a higher GDP per capita than a country with less natural resources, because it will be able to trade and transform those natural resources for a lower cost, allowing it to produce more goods and services.

2. Over the past two hundred years, improvements in productivity have offset lost productivity reduction due to less land being available. - True

This statement is true. In the modern-era, thanks to the green revolution, and other technological improvements, more food can be produced in less land. Many analysts coincide that if the green revolution had not come about, humanity would have been subject to permanent famine.

3. The key to prosperity in the 20th century is an economy rich in natural resources. - False

The key to prosperity in the 20th century is simply producing more goods and services, and human capital has been seen as a more important factor for this than natural resources. For example, countries that are poor in natural resources and are rich such as Japan and South Korea, are so because they have very well-educated populations that produce high quality goods and services.

4. Human and physical capital are only beneficial to an economy when there is an abundance of natural resources in the economy. - False

Human and physical capital can benefit an economy even in the absence of natural resources, because natural resources can be imported. Again, the example of Japan works because the island nation is poor in natural resources, but rich in human capital, and not so deprived of physical capital, and has managed to become a developed nation by highly compex finished goods for natural resources.

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timama [110]

BeFriends Corporation uses the trademark of Community Life Inc.  a social media site, as a meta tag without Community Life’s permission. This may be permissible​ (a) if the appropriating site has nothing to do with the meta tag.

<u>Explanation:</u>

The using of the Meta Tag is Permissible because the trade mark name is being used for a different product or service and it does not involve any kind of  trade mark infringement.

4 0
3 years ago
Read 2 more answers
Melissa pellerano does consulting for the yellow pages. Her clients want to know how much of an increase in customers' awareness
tankabanditka [31]

Melissa must conduct<u> "causal research".</u>


Causal research falls under the class of conclusive research, as a result of its endeavor to uncover a circumstances and end results connection between two factors. Like descriptive research, this type of research endeavors to demonstrate a thought set forward by an individual or association. Be that as it may, it essentially varies on the two its techniques and its motivation. Where descriptive research is expansive in degree, endeavoring to more readily characterize any feeling, demeanor, or conduct held by a specific gathering.

6 0
3 years ago
During October, Pharoah Company experiences the following transactions in establishing a petty cash fund. Oct. 1 A petty cash fu
pochemuha

Answer:

The entries are made as follows;

Explanation:

 Oct 1.  Petty Cash    Dr.147

            Cash              Cr.147

          Petty Cash (197-147)   Dr.$50

          Cash                            Cr.$50

  Supplies Expense Dr.$24.69

   Petty Cash            Cr.$24.69

Miscellaneous Expense      Dr.$14.99

Petty Cash                           Cr.$14.99

Postage Expense     Dr.$14.99

Petty Cash                Cr.$14.99

Freight Expense Dr.$5.39

Petty Cash          Cr.$5.39                                                                                                              

6 0
3 years ago
Suppose a foreign investor who holds tax-exempt Eurobonds paying 10.50% is considering investing in an equivalent-risk domestic
timurjin [86]

Answer:

14.58%

Explanation:

Return on Bond is the actual rate that is received by an investor on investment in bond.  

As per given data

After Tax return = 10.50%

Tax Rate = 28%

Deduction of 28% withholding tax will be made on the return of the bond in that country where investment is made and investor will have return net of tax.

We can calculate the after tax return on the bond as follow

After tax return = Before tax return x ( 1 - Tax rate )

10.5% = Before tax return x ( 1 - 28% )

0.105 = Before tax return x ( 1 - 0.28 )

0.105 = Before tax return x 0.72

Before tax return = 0.105 / 0.72

Before tax return =  0.1458 = 14.58%

4 0
3 years ago
What is the functions of a commercial bank? Explain.
Goshia [24]

A commercial bank offers products and services such as loans, savings accounts, safety deposit boxes and mutual fund/insurance to individuals and businesses.

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