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STALIN [3.7K]
2 years ago
10

You are an economist studying the small country of Mardodus. As you look at the data, you see Mardodus has experienced an influx

of updated technology to its manufacturing plants, service industry and the medical field in the last three years. This change boosted the growth of the country’s productivity by 75%, yet you see that wages have been very slow to respond to this growth. As you begin to analyze the natural unemployment rate for this time frame, what do you most likely discover?
Business
1 answer:
WINSTONCH [101]2 years ago
3 0

Answer: Natural rate of unemployment will decrease because the productivity growth in the short term has passed up wage growth.

Explanation:

The natural unemployment rate simply means the lowest unemployment rate where the inflation in the economy is stable.

Based on the information given in the question, if the natural unemployment rate for this time frame.is analyzed, the natural rate of unemployment will reduce due to the fact that the productivity growth in the short term has passed up wage growth.

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Parrot received land as a gift with a fair market value of $5,000. The land was purchased by the donor for $8,000. The land is s
Alika [10]

Answer:

Loss of $2,000

Explanation:

In this scenario, we have the following information:

• The adjusted cost basis: $8,000 (the amount paid by the donor)

• The fair market value: $5,000  

• The sold amount: $6,000

Parrot’s basis in the land is $8,000, as same basis the donor had.  

So when he sells it, he must report loss of $2,000 on the sale.

7 0
3 years ago
HELP FAST PLEASE!!!!! Information you should consider when researching and comparing careers include all of the following except
Butoxors [25]

Answer:

What your friends are doing.

Explanation:

The reason why the answer is what your friends are doing, is because it is in most cases, unnecessary. Even though it might seem like it is necessary, but if you really think about it, you are looking for jobs FOR YOU and you alone. What your friends are doing for their career, will most likely differ from what you would want to do.

7 0
3 years ago
how does the IoT and Big Data currently play into your job, your organization and the industry? Are these two things connected a
emmainna [20.7K]

<u>Explanation:</u>

The term IoT is an acronym for 'Internet of Things' which refers to a modern technology that allows certain physical objects or “things” as we may call it to connect to the internet.

While Big Data refers not just to large data, but to an innovative field of technology that specializes in analyzing very large (big) data sets.

Consider the education industry, by means of IoT, it is possible for school management to effectively track their student's academic progress in real-time.

IoT and Big Data connected in the sense that, as these physical things (objects) communicate over the internet, a mass amount of data ("Big Data") is been generated which could then be analyzed using specialized software. In other words, they are mutually beneficial.

4 0
2 years ago
_____ is the most common way to measure the standard of living in different countries. GDP per capita Nominal GDP Real GDP
Lady bird [3.3K]

The answer is GDP per capita. The Gross Domestic Product just shows the wealth of a nation as  a whole since GDP is the value measure of the all the final goods and services produced over a period of time by a country. GDP per capita shows the average wealth per person (hence involves dividing the GDP of a country by its population).

8 0
3 years ago
Read 2 more answers
Philip Morris expects the sales for his clothing company to be $670,000 next year. Philip notes that net assets (Assets − Liabil
shutvik [7]

Answer:

the ending cash balance is $330,300

Explanation:

The computation of the ending cash balance is shown below:

Ending cash balance = Opening cash balance + Profit

= $270,000 + (9% × $670,000)

= $270,000 + $60,300

= $330,300

We simply added the opening cash balance and the profit so that the ending cash balance could come

Hence, the ending cash balance is $330,300

7 0
2 years ago
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