Answer:
c
Explanation:
Investment can be described as purchasing an asset with the aim of generating more income or earning capital appreciation.
Here, investment is in capital goods and human capital
Capital goods comprises infrastructure and production facilities
Human capital investment comprises attending college and spending on schools.
Economic growth theories submit that investment in capital goods and human capital increase the economic growth of an economy
Explanation:
The business administration course is a course that covers all organizational systems and provides the knowledge of several important tools to be applied in a company to achieve several strategic and economic advantages.
It is important for the career to have knowledge about management, strategy, communication, finance, and other variables that will be essential to become an ethical leader and that can influence personnel to create an organizational culture geared towards open communication, values and ethic.
Answer:
Heaton paid a total of $52,500 as dividend during 2015
Explanation:
Dividends in 2015 = Previous year retained earnings - Current year retained earnings + Current year net income
Dividends in 2015 = 555,000 - 675,000 + 172,500
Dividends in 2015 = $52,500
Heaton paid a total of $52,500 as dividend during 2015
Answer:
- Lisa cannot find the job she wants so she has stopped looking.
- Penny has a college degree in nursing, but currently has to work as a store clerk as it is the only available job in her small town.
Explanation:
Hidden Unemployment also known as Disguised Unemployment in simple terms refers to the following people; people who are not working and have given up on looking for work because they could not find any, people who have the skillset and determination to work full-time working only part time and people who are underemployed meaning that they are working a job that they are overqualified for.
Hidden Unemployment is considered hidden as it is not reflected in employment statistics.
Lisa could not find a job so she stopped looking. This is Hidden Unemployment and official figures will not even count her as unemployed because you need to be actively looking for work to be classified unemployed.
Penny is overqualified for the store clerk position she holds or rather she is qualified for a different profession. Employment statistics will however show her as employed.
Answer:
The answer is B. very wide differences in the standard of living
Explanation:
Economists use Gross Domestic Product (GDP) which is the final value of all goods and services produced within a country during a given period of time, usually a year as the ultimate yardstick for measuring and ranking countries' wealth, standard of living and/or illiteracy level.
And GDP per capita measures a country's economic output per person. It is by dividing the GDP of a country by its total population. Countries with the highest value are known to have a high standard of living, better health care and high literacy level and vice-versa.
