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AVprozaik [17]
4 years ago
5

Identify key components of economic growth

Business
2 answers:
jenyasd209 [6]4 years ago
7 0

Economic growth, as measured by GDP, is driven by two components: population growth and labor productivity. Labor productivity reflects the capacity for increased output from the existing quantity of labor in the economy. Various government agencies and independent analysts produce measures of labor productivity.

Lady bird [3.3K]4 years ago
5 0

The key components are labour productivity and population growth as measured by GDP.Labor productivity measures and shows how much an increase in output has resulted from the current quantity of labor in the economy.For population growth,the higher the population,it is taken to mean presence of labor.However this depends on other factors such as total employment and the type of labor force required.

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There is a bond that has a quoted price of 110.547 and a par value of $2,000. The coupon rate is 7.05 percent and the bond matur
olga55 [171]

Answer:

the YTM of the bond is 127.55 %

Explanation:

The YTM of the bond is the Market return that similar Bond Holders expect from the bond.

This can be calculated using a Financial calculator as :

PV = - $ 110.547

FV =  $2,000

PMT =  $2,000 x 7.05 % x 1/2 = $70.50

N = 19 x 2 = 38

P/yr = 2

YTM = ???

Therefore, the YTM of the bond is 127.55 %

6 0
3 years ago
Economic growth takes place when a country produces a steady number of automobiles. has a high unemployment rate. measures its g
Zolol [24]

Answer: D produces more good and services

Explanation:

Edg 2021

8 0
3 years ago
Read 2 more answers
Alice and Harry Williams owned land in Clark County, Washington. They leased the land to to Whatcom Ltd. for use as a convenienc
mart [117]

Answer:

1) For seeking unpaid compensation.

2)Yes

3) by being proactive and ensuring that their documentation is in order and complies with the Act to protect against future mechanic's liens.

Explanation:

1) Mechanic’s liens are legal documents that essentially reserve the rights of the filer to seek unpaid compensation.

2) If the subcontractor or supplier (Donald in this case) isn't paid by the general contractor (whatcom in this case), the law allows the subcontractors to come after the house owner (Alice and harry) and the real property that was improved (which is often a house).

3) Property owners should be proactive from the start. Even before the construction process begins, owners should ensure that their documentation is in order and complies with the Act to protect against future mechanic’s liens. The Act affords great protection for owners when the Act is strictly adhered to. Even minor deviations from the Act by general contractors or subcontractors may declare a lien unenforceable.

Before the improvement starts, the property owner should have: a written construction contract with the general contractor, a contractor’s sworn statement, lien waivers, and an owner’s sworn statement.

8 0
4 years ago
5. Suppose economies A and B have the same initial level of GDP per capita at $15,000, and each economy begins with a constant g
jekas [21]

Answer:

56

Explanation:

The rule of 70 can be used to determine the amount of years it would take the GDP of a country to double given its growth rate

Number o year for GDP to double = 70 / growth rate of country

for country A = 70 / 5 = 14 years

for country B = 70 / 1 = 70 years

70 years - 14 years = 56 years

5 0
3 years ago
In order for a driver to graduate from a learner’s license to an operator’s license, how many hours of driving need to be docume
Harman [31]
Must have drove 50 hours on a learners permits, 10 of which are at night.
4 0
3 years ago
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