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
Anna71 [15]
3 years ago
8

Many demographers predict that the United States will have zero populationgrowth in the twenty-first century, in contrast to ave

rage population growth of about 1percent per year in the twentieth century. Use the Solow model to forecast the effect ofthis slowdown in population growth on the growth of total output and the growth ofoutput per person. Consider the effects both in the steady state and in the transition between steady states
Business
1 answer:
Fed [463]3 years ago
7 0

Answer:

Check the explanation

Explanation:

  • The foremost thing is to first consider steady states. The Sluggish population growth rate swings in the line representing population growth and depreciation to the downward trend.
  • The new stable rate has a superior level of capital per worker thereby having a higher level of output per worker.
  • In Steady state, the entire output develops at rate n, whereas the output rate per worker grows at figure 0. Hence, slower population growth will hamper the figure of total output growth, but the rate of per-worker output growth will be the same.
  • Now reflect on the transition. We know that the constant-state level of output per worker is higher with little population growth. Hence, for the period of the transition to the new steady state, output per worker should grow at a rate faster than 0 for a sometime.

You might be interested in
What is the most important function of a leader within an organization
Vitek1552 [10]

Answer:

Leadership is the action of leading people in an organization towards achieving goals. Leaders do this by influencing employee behaviors in several ways. A leader sets a clear vision for the organization, motivates employees, guides employees through the work process and builds morale.

Explanation:

7 0
3 years ago
How does an opthalmologist help the patients? plzz help me ​
kifflom [539]

Explanation:

An Opthamologist is a type of doctor who helps in treatment of several or severe eye diseases...

6 0
3 years ago
Allison is concerned that she is not getting full disclosure of information from a mortgage broker who is hoping to refinance th
blsea [12.9K]
<span>Consumer Financial Protection Bureau (CFPB)</span>
5 0
3 years ago
What’s the answer???
Yuliya22 [10]

Answer:

market

Explanation:

for the top one market is where they trade

6 0
2 years ago
Read 2 more answers
Assume that total output in a two-good economy in 2018 consists of 50,000 apples and 2 Tesla cars, with prices of 1$ per apple a
KiRa [710]

Answer:

30%

Explanation:

GDP is the sum of all products and services produced by an economy over a given period of time. In an economy with only two products, GDP will be the sum of the quantity produced by each product at its given price.

Thus, the 2018 GDP will be:

Apples: 50,000 units x $ 1 (price) = $ 50,000

Tesla: 2 (Units) x $ 25,000 (Price) = $ 50,000

GDP 2018 = $ 50,000 + $ 50,000 = $ 100,000

The GDP variation between two years is calculated by adopting a year whose price will be the basis of the calculation, usually the first year chosen, in this case by 2018. Thus, after calculating the GDP of the base year (2018), the GDP of the The following year (2019) will be calculated using the base year price. In other words, let's calculate the 2019 GDP with the quantities sold in 2019, but with the 2018 prices. This is called the real GDP calculation, which really matters for comparison between two years.

<em>Note: Real GDP calculation is required to compare GDP developments between two or more periods. If the nominal GDP (price x quantity of each year) were calculated it would not be possible to compare properly, because in this case the effects of inflation would be infiltrated in the account. Through the calculation of real GDP inflation is isolated, as it uses the same price to calculate GDP each year, in this case the base year.</em>

Apples: 55,000 units x $ 1 (base price) = $ 55,000

Tesla: 3 (Units) x $ 25,000 (Base Price) = $ 75,000

GDP 2019 = $55000+ $75000 = $ 130,000

To calculate the percentage change in GDP simply calculate the difference between the two periods divided by the base year GDP (2018) and multiply by 100.

% GDP Change = (130,000-100,000) / (100,000) * 100 = (30,000 / 100,000) * 1000 = 0.3 * 100 = 30%

Therefore, the GDP percentage growth between 2018 and 2019 was 30%.

6 0
3 years ago
Other questions:
  • A company that produces baseball gloves is considering buying some new equipment that it expects will increase future profits. I
    13·1 answer
  • Why does the pricing strategy need to reflect the marketing strategy?
    13·1 answer
  • The term _____ can be used to refer to the totality of a firm's organization, includingits organizational structure, control sys
    6·1 answer
  • 1. Imagine you are a mid-level manager for a major international oil company. You have been asked whether an investment in oil e
    13·1 answer
  • Sam believes in rewarding his employees for their hard work , he is acting as a
    12·1 answer
  • "Under central planning, some group has to decide how to get the necessary inputs produced in the right amounts and delivered to
    14·1 answer
  • Zoom call anyone<br> im bored
    13·1 answer
  • In addition to evaluating the vendors' responses from the formal rfp process, what other type of data collection for a leading c
    7·1 answer
  • The price index was 150 in the first year, 142.5 in the second year, and 138.2 in the third year. The economy experienced:______
    11·1 answer
  • On January 2, 2020, All Good Company purchased 6,000 shares of the stock of Big Bad Company, and DID obtain significant influenc
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!