Answer:
The correct answer is c. actual market outcomes provide a higher price than the efficient price of education.
Explanation:
In any country, there is a close positive correlation between a greater number of years of study and income, just as a higher degree of education is related to a lower incidence of poverty. In general, knowledge provides a great deal of benefits to its holders, so why might a government policy for investment in human capital be necessary? The answer could be that knowledge generates a series of “external benefits”, which are not always considered by people when making their decisions.
Economic activities generate costs and benefits, which can be private or external. In this way, whoever studies obtains a benefit for himself, for example a better salary, as explained above. That is the private benefit. But a series of external benefits are also generated, for example, the possibility of being better citizens, of improving the communication and performance of people in society, of generating new solutions to different human problems, among many others. Likewise, research and development activities lead to obtaining new knowledge. All these benefits are obtained thanks to preschool, primary, secondary, technical, university education, job training, among others.
Answer:
The book value of the stock can be calculated by taking the difference of assets and liabilities and then dividing the answer by the number of shares. The result will be the book value of a unit stock. Whereas the market value of the share is different because the stock market valuates the stock which is dependent on its assets, return, riskiness of the industry, social responsibility, etc. So these factors helps companies like S & P global, Dow's plc, etc to value stocks and publish the credit ratings of companies in stock exchange.
Explanation:
The market value of Home Depot is $243 in the stock exchange but the equity book value of is at deficit which is -$1878 millions. Dividing it by number of shares we have -29 ($1878 millions / 6,3.8 million shares). The book value of the company is negative but still the company has a great number of profits for the year and the company is worth $300 billions.
Answer:
constriction of the pupil that is elicited by an increase in illumination of the retina
Explanation:
Answer:
Option (b) is correct.
Explanation:
In 2010,
Real GDP = 600,000
Population = 5,000
Real GDP per person:
= Real GDP ÷ Population
= 600,000 ÷ 5,000
= 120
In 2011,
Real GDP = 636,480
Population = 5,200
Real GDP per person:
= Real GDP ÷ Population
= 636,480 ÷ 5,200
= 122.4
Growth rate of real GDP per person during the year 2011:
= [(Real GDP per person in 2011 - Real GDP per person in 2010) ÷ Real GDP per person in 2010] × 100
= [(122.4 - 120) ÷ 120] × 100
= (2.4 ÷ 120) × 100
= 0.02 × 100
= 2%
It was seen from the data available on the world bank that the United states real GDP per person is growing at an average rate of 2% between 1910 and 2010.
Hence, the Growth rate of real GDP per person during the year 2011 is about the same as average U.S. growth over the last one-hundred years.
