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
Physical distribution or shipping only refers to the process of transporting goods. True or false?
Natali [406]
The answer is FALSE. Hope this helps.
8 0
3 years ago
The ____ rule explains variation in employee conduct through generalizing on the percentage of employees in any given organizati
lana [24]

Answer: 10/40/40/10

Explanation:

Under the 10/40/40/10 rule, 10% of the employees tend to follow ones own attitudes and values, i.e. they believe that their beliefs are more remarkable than those around them. 40% of the employees try to go along with the organization policies. The other 40% might follow their assigned work group whereas the last 10% tend to take advantage of such circumstances just in case if degree of penalization is lower to that of the benefit and also risk of  getting caught is less.

7 0
3 years ago
Define term common market​
Stells [14]

Answer:

A group of countries imposing few or no duties on trade with one another and a common tariff on trade with other countries is called common market.

Explanation:

hope this helps you....

God bless you.....

Have a great day....

(≧▽≦)

5 0
2 years ago
Pharmecology just paid an annual dividend of $2.00 per share. It’s a mature company, but future EPS and dividends are expected t
lesantik [10]

Answer:

a. Current Stock Price is $ 30.67

b. Current Stock price using forecasted real dividend and a real discount rate is $ 69.00

Explanation:

a. The question belongs to dividend discount model. It is used to calculate intrinsic price of the stock. This model assumes that price of stock or share is equal to net present value of its future dividends.

Price of Stock =  (Current year Dividend x ( 1+ growth rate)) / (nominal cost of capital - growth rate)

Current year Dividend = $ 2

Nominal Cost of Capital = 10.25 % or .1025

Growth rate = 3.50 % or 0.0350

Price of Stock = ( $2 x (1 + 0.035) / (.1025 - .035))

Price of Stock =  $ 2.07 / ( .1025 - 0.0350) = $ 30.67  

b. Price of Stock = Current year Dividend + (Dividend x( 1+ growth rate)) / (real cost of capital - growth rate)

Real Cost of Capital = [ (1 + nominal cost of Capital) / ( 1 + inflation rate)-1 ]

Inflation rate = 3.50 % or .0350

Real Cost of Capital  = [ ( 1 + .1025) / ( 1 + .0350) - 1 ] = 0.0652 or 6.50 %

Price of Stock =(Dividend x ( 1 + growth rate)) / ( Real cost of Capital - Inflation rate)

Price of Stock = ($ 2 x ( 1 + 0.0350)) / (0.0650 - 0.0350)  

Price of Stock = $ 69          

   

7 0
3 years ago
A critical analysis of a preferred alternative to ascertain its strengths and weaknesses before it is implemented, with the purp
Aleonysh [2.5K]

Answer:

Devil’s advocacy

Explanation:

Devil’s advocacy is a thorough analysis of a preferred alternative to check and test its strengths and weaknesses before being implemented with the purpose of identifying all the faults that might make the preferred alternative unacceptable.

This method helps in determining the dangers of any action taken by an individual or group of persons.

8 0
3 years ago
Read 2 more answers
Other questions:
  • The price of money borrowed or saved is called _____.<br> interest<br> loan<br> money supply
    8·1 answer
  • It is possible to use a decision making process for any decision.
    11·2 answers
  • An investment costs $152,000 and has projected cash inflows of $71,800, $86,900, and −$11,200 for Years 1 to 3, respectively. If
    5·1 answer
  • Carlos and Devon both accepted new jobs at different companies. Carlos's starting salary is $42,000 and Devon's starting salary
    12·1 answer
  • ) If Denmark wished to keep its exchange rate with the euro fixed, what monetary policy options are available to lower unemploym
    8·1 answer
  • PLZ HELP I AM TIMED!!!!!!
    6·2 answers
  • Michael is the project manager in a manufacturing company. He wants his organization to use technology for higher revenue and pr
    8·2 answers
  • Local government officials would like to know if city residents are generally satisfied with the cleanliness of local
    9·2 answers
  • A hair stylist currently cuts and colors hair for 50 clients per week and earns a profit. He is considering expanding his operat
    14·1 answer
  • Randy has established a successful fast-food restaurant chain named randy’s in the united states. He currently has 12 locations
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!