1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Mrrafil [7]
3 years ago
8

In a particular country in 1998, the average worker needed to work 25 hours to produce 40 units of output. In that same country

in 2008, the average worker needed to work 40 hours to produce 68 units of output. In that country, the productivity of the average worker a. remained unchanged between 1998 and 2008. b. decreased by 1.7 percent between 1998 and 2008. c. increased by 6.25 percent between 1998 and 2008. d. increased by 4.75 percent between 1998 and 2008
Question 22

Suppose an economist advises a city’s mayor to begin charging drivers a fee to drive on a busy highway during congested times. The mayor does not implement the policy because it would not be popular with voters. Which of the following statements best describes the scenario?

a.
This is a common occurrence. The policymaker knows the best policy but chooses not to institute it for other reasons.

b.
This is a common occurrence. The policymaker usually disregards an economist’s advice because they do not believe it is the most efficient policy.

c.
This is an unlikely occurrence. Most of the time, policymakers follow the advice of economists and institute the most efficient policies.

d.
This would never happen. Policymakers always follow the advice of economists.
Business
1 answer:
Bingel [31]3 years ago
6 0

Answer:

In that country, the productivity of the average worker

  • C) increased by 6.25 percent between 1998 and 2008.

Which of the following statements best describes the scenario?

  • A) This is a common occurrence. The policymaker knows the best policy but chooses not to institute it for other reasons.

Explanation:

worker productivity in 1998 = 40 units / 25 hours = 1.6 units per hour

worker productivity in 2008 = 68 units / 40 hours = 1.7 units per hour

therefore, worker productivity increased by (1.7 - 1.6) / 1.6 = 0.0625 or 6.25%

Regarding the second question, this happens all the time. Politicians live in an alternate reality world, they choose to believe that their ideas are facts and that everyone else doesn't know better about any topic in the world. And this doesn't only happen to Trump, it happens everywhere and in every single country.

You might be interested in
A loan of $32,000 is to be repaid by the sinking fund method with annual payments. Interest on the loan is paid at a 6% annual e
Otrada [13]

Answer:

The answer is $677.43

Explanation:

The file attached is a word document that explains the problem in details. Thank you and i hope it helps you

Download docx
6 0
3 years ago
The entry to establish a petty cash fund includes:___________
guapka [62]

Answer:

c) a debit to Petty Cash and a credit to Cash.

Explanation:

According to the golden rule of double of entry that a giver should be credited while a receiver is debited, the cash account is the giver in this case would be credited while the receiver,the petty cash account would be debited on the other hand.

The correct option which corroborates my explain above is option C.

Option A is wrong because the reverse was the case.

7 0
3 years ago
The postponement of a project until conditions are more favorable: I. is a valuable option. II. is referred to as the option to
Bezzdna [24]

Answer:

The postponement of a project until conditions are more favorable:

III. could cause a negative net present value project to become a positive net present value project.

Explanation:

With the favorable project conditions, the negative NPV will be revised to a positive NPV because the positive conditions will ensure the generation of positive cash inflows.  The result is that the project will be assessed as acceptable since the net present value will become positive.  Generally, favorable project conditions create outcomes that are positive for the cash flows, thereby generating more positive cash inflows and reducing the impact of cash outflows.

8 0
2 years ago
Which fiscal stimulus policy will provide a greater incentive to work?
andrew11 [14]

Answer:

D.

an income tax rate cut

Explanation:

Fiscal stimulus programs are government policies aimed at accelerating growth in times of recessions. The government adjusts its spending or tax rates to influence the economy's direction. A stimulus is meant to increase output and increase income.

An income tax rate cut increases the amount of disposable income of consumers. An increase in disposable incomes boosts consumer spending, which results in increased demand. Firms in the service and manufacturing industries will respond to the rise in demand by increasing production. A rise in output creates employment opportunities.

3 0
3 years ago
_____________ is the act of breaking into a computer to steal information.
Maslowich
Hacking. Hope this helps you out today!
4 0
2 years ago
Read 2 more answers
Other questions:
  • Rayya Co. purchases a machine for $159,600 on January 1, 2019. Straight-line depreciation is taken each year for four years assu
    14·1 answer
  • A restaurant sells three wines at $30, $40, and $50 per bottle. When it adds another wine to the list at a price of $22, the sal
    12·1 answer
  • Why can a bank afford to pay interest rate on a savings account
    6·2 answers
  • Accounts receivable arising from sales to customers amounted to $40,000 and $55,000 at the beginning and end of the year, respec
    8·1 answer
  • Why do you earn more money using compound interest than you would using simple interest?
    5·1 answer
  • he direct write-off method of accounting for uncollectible accounts a. emphasizes the matching of expenses with revenues. b. emp
    6·1 answer
  • In the _____________ stage of a project you are more likely to find status reports, changes, and the creation of forecasts.
    12·1 answer
  • he manufacturing overhead budget at Franklyn Corporation is based on budgeted direct labor-hours. The direct labor budget indica
    13·1 answer
  • Give an example of one good or service produced in the United States using the market model. Justify your example using content
    13·1 answer
  • Next year baldwin plans to include an additional performance bonus of 0. 5% in its compensation plan. This incentive will be pro
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!