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Brums [2.3K]
3 years ago
9

In a command economy do highly skilled workers earn more, less, or the same as low-skilled workers?

Business
1 answer:
Scilla [17]3 years ago
7 0
In a command economy, depending on most of the businesses, consumers can either buy more, or buy less than they would in a different economy. But because of the fluctuation businesses experience with their profit rates and so on, highly skilled workers are paid the same as low-skilled workers.
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An IAC (industrially advanced country) had a per capita income of $44,000, while a DVC (developing country) had a per capita inc
faust18 [17]

The per-capita-income gap one year later will be $43,472.

<h3>What will be the per-capita-income gap one year later?</h3>

GDP per capita is the GDP of a country divided by the population of the country. It is used as a metric to determine the standard of living of the population.

GDP per capita = GDP / population

Difference in the GDP per capita = 1.04 x (44,000 - 2,200)

1.04 x 41,800 = $43,472

To learn more about GDP per capita, please check: brainly.com/question/28018695

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5 0
2 years ago
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5 0
3 years ago
If Joel earns a 7 percent after-tax rate of return, $27,000 received in two years is worth how much today
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Explanation:

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8 0
3 years ago
When the money market is drawn with the value of money on the vertical axis, if the Federal Reserve buys bonds, then the money s
otez555 [7]

Answer:

The correct answer is:  shifts rightward, causing the price level to rise.

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<span>b. he/she is not making good use of scarce resources</span>
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3 years ago
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