It is important to have Public Sector in our society because,The public sector provides many essential things at quite a reasonable cost which the private sector cannot. The public sector has the benefit of the people above everything because its purpose is not to earn profits but to benefit the people at all costs
Answer:
0.6 or 60%
Explanation:
The country's productivity has grown at = 3% - 2% = 1%
Physical capital per worker has grown at = 4% - 2% = 2%
How much has growing physical capital per worker contributed to productivity growth in this country?
productivity increase per 1% of increase in physical capital per worker x growth rate of physical capital per worker = 0.3 x 2% = 0.6%
0.6% / country productivity growth = 0.6% / 1% = 0.6 or 60%
Answer:
€ 0.004871
Explanation:
Direct quote is a method of quoting a foreign currency per one unit of domestic currency.
Indirect quote is a method of quoting a foreign currency in which price of foreign currency is expressed in domestic currency.
In the given question to find the units Euro per Yen we need to divide the Euro per dollar rate with the Yen per dollar rate.
Euro 0.5547 / $1
Yen 111.83 / $1
Euro per Yen = 0.5547 / 111.83 = €0.004871 per ¥1
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