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
Nikitich [7]
3 years ago
14

Suppose that a country’s annual growth rates over a 10-year period are as follows: Year Growth Rate 1 5% 2 3 3 4 4 – 1 5 – 2 6 2

7 3 8 4 9 6 10 3 Instructions: In part a, round your answer to 1 decimal place. In part b, enter your answers as whole numbers. a. What was the country’s trend rate of growth over this period?
Business
1 answer:
mamaluj [8]3 years ago
3 0

Answer:

a.  2.7%

b. From 6 to 9 years

Explanation:

a. The country’s trend rate of growth over this period is computed below:

= Total of growth rate ÷ time period

where,

Total of growth rate is

= 5% + 3% + 4% -1% -2% +2% + 3% + 4% + 6% + 3%

= 27%

And, the time period is 10 years

So, the trend growth rate is

= 27% ÷ 10 years

= 2.7%

b. The expansionary phase of the business cycle is from 6 years to 9 years as the growth rate is increased over this time period plus the growth rate is positive

You might be interested in
g 7. Problems and Applications Q3 Gilberto loves watching Downton Abbey on his local public TV station, but he never sends any m
Helga [31]

Answer:

free rider

False

Explanation:

✓Gilberto loves watching Downton Abbey on his local public TV station, but he never sends any money to support the station during its fundraising drives. Economists would call Gilberto ?

Answer:Free rider

Free rider can be regarded as a kind of market failure, this usually take place whenever people are enjoying the public resources, as well as services expect others to pay but himself doesn't pay or there is underpay.

✓The government cannot solve the problem caused by people like Gilberto?

Answer:TRUE.

The government cannot solve the problem since, it's local public TV station. The only way government can help is to pay and sponsor the show which can be achieved by tax revenue that government is collecting from the public.

✓The private market can solve this problem by asking people to send in $1 every time they watch Downton Abbey.

Answer: FALSE

The suggested ways by which the private market can help is to add "Commercial" into the program show then make people to watch, then through that commercial money will be generated.

3 0
3 years ago
In Maddie's company, senior officers eat in the same cafeteria as the entry-level workers. On a trip to a different country, she
yKpoI14uk [10]

Answer:

Power distance

Explanation:

"Power distance is a term that describes how people belonging to a specific culture view power relationships - superior/subordinate relationships - between people, including the degree that people not in power accept that power is spread unequally.

Individuals in cultures demonstrating a high power distance are very deferential to figures of authority and generally accept an unequal distribution of power, while individuals in cultures demonstrating a low power distance readily question authority and expect to participate in decisions that affect them. "

Reference: Grimsley, Shown. “Hofstede's Power Distance: Definition & Examples Video.” Study.com, Study.com, 2019

6 0
3 years ago
Lang Co. issued bonds with detachable common stock warrants. Only the warrants had a known market value. The sum of the fair val
12345 [234]

Answer: discount on bonds payable

Explanation:

Based on the information given, since the sum of the fair value of the warrants and the face amount of the bonds exceeds the cash proceeds, then the excess will be reported as the discount on bonds payable.

The discount on the bonds payable occurs in a scenario whereby the bonds are issued for a lesser amount than their face or their maturity amount.

The reason for this is when the bonds have a stated interest rate that is smaller than market interest rate for similar bonds.

6 0
2 years ago
An article on the health care industry revealed several assumptions that health care administrators have adopted during the last
Viefleur [7K]

Answer:

Letter C is correct. <u>The Theory X style of management.</u>

Explanation:

The most suitable alternative is the letter C.<u> </u>The Theory X style of management.

Theory X can be defined as one of the currents of thought proposed by Douglas Mcgregor in 1960, and refers to assumptions about the behavior of employees in the workplace, this means that management must be developed from the actions and behaviors of employees , from there different styles of planning, controlling, organizing and dividing tasks will emerge.

In administration based on theory X, the individual is considered self-centered, without ambitions and needs supervision to exercise self-discipline and self-control. Economic benefits must be offered as a form of incentive and punishment.

According to theory X, employees avoid responsibility, so there must be economic incentives for them to be more ambitious and productive.

5 0
2 years ago
At some colleges and universities, economics professors receive higher salaries than professors in some other fields.
koban [17]

Answer:

Explanation:

At some colleges and universities, economics professors receive higher salaries than professors in some other fields.

A. Why might this be true?

Economists have a higher opportunity cost working in academia than professors in other fields because in certain fields that are different from academic,there is a lack of labor opportunity for professor and even when such arise ,they are difficult to get and another reason may be that economists who are good in some fields may employ themselves in other firms with higher wages because of their real life first hand experience, even when some colleges and universities wants to hire them, got to spend a greater amount of money than for professors in some other fields.

B. Some other colleges and universities have a policy of paying equal salaries to professors in all fields. At some of these schools, economics professors have lighter teaching loads than professors in some other fields. What role do the differences in teaching loads play

In order for  university to employ working force which is hard to find, they put in place differences in teaching loads ,such differences in teaching load are intended to attract economics professors by providing nonmetary compensation

3 0
3 years ago
Other questions:
  • Victor is calling on Meridian Cabinet Works. His goal is to close the deal for a customized profile sander valued at about $3,50
    13·1 answer
  • Prepare an income statement for May assuming the following data are not included above: (1) $900 worth of services were performe
    12·1 answer
  • A broker lists a property for $87,500 at 7% commission on the first $50,000 and 5% on the balance. The property sells for 4% les
    9·1 answer
  • Simpkins Corporation does not pay any dividends because it is expanding rapidly and needs to retain all of its earnings. However
    9·1 answer
  • The glo-brite company is considering development of a new children's toothpaste in fun-shaped dispensers. before performing any
    15·2 answers
  • What is true if you only pay your minmium amount each towards your credit card bill
    14·1 answer
  • "The production supervisor estimates that the ending work-in-process is 16 percent complete. Compute the cost of paint transferr
    9·1 answer
  • A business should have separate accounts for recording revenue and expenses
    10·1 answer
  • A campus deli serves 200 customers over its busy lunch period from 11:00 a.m. to 1:00 p.m. A quick count of the number of custom
    7·1 answer
  • How does the amount of energy per second pollux is giving off compare with that of the other four stars you’ve observed? (hip 87
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!