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2 years ago

Assuming no change in the nominal wage and a significant increase in human capital, the output per worker will

Business

1 answer:

Veseljchak [2.6K]2 years ago

4 0

Answer:

B. Increase and the real wage will increase.

Explanation:

In the case when there is a rise in population so the labor supply also rises and the equilibrium labor quantity would also rise

So it would result in rise in capital market due to which the labor would become more productive and there is a rise in the labor demand

This leads to greater real wages rate and rise in full labor quantity employment

Hence, the option b is correct

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) Prestwich Company has budgeted production for next year as follows: First Quarter Second Quarter Third Quarter Fourth Quarter

grigory [225]

Answer:

165,000 pounds ($495,000)

Explanation:

To determine the budgeted purchases of material A in pounds for the second quarter, prepare a Materials Purchases Budget as follows :

Materials Purchases Budget

Pounds

Materials Required for Production (80,000 x 2) 160,000

Add Closing Materials Inventory (90,000 x 2 x 25%) 45,000

Total Materials 205,000

Less Opening Materials Inventory (80,000 x 2 x 25%) (40,000)

Material Purchases 165,000

Cost per unit $3

Budgeted Materials Cost $495,000

6 0

2 years ago

A purchase of a French bottle of wine by a resident of Honduras would be considered an ____ when counting GDP in Honduras. As a

Misha Larkins [42]

Answer:

import, subtract. export, added

Explanation:

The GDP equation is given by GDP = C + I + G + (X – M) where C is consumption, I investment, G is government expenditures and M are imports.

Since the bottle of wine was produced in France it had to be imported to Honduras to be consumed, imports enters the GDP equation with a minus sign. This implies imports are subtracted from the GDP equation. For a box of Honduras cigars to be consumed in Canada they had to be exported there, so these are counted as exports with enter the GDP equation with a plus sign. So exports are added.

7 0

3 years ago

An investor must decide between putting $2,000 into a regular retirement plan or putting $1,440 into a Roth retirement plan. If

Novosadov [1.4K]

Answer:

They both produced the same cash amount

Explanation:

The regular retirement would have its deducted after withdrawal from the plan while Roth retirement plan's tax would have been deducted prior to investing funds in the plan

The future value of the $2000 is computed thus:

FV=PV*(1+r)^n

PV is the amount saved in the plan which is $2000

r is the growth rate of the funds in the plan which is 12%

n is the number of years the amount would be left in the plan

FV=$2000*(1+12%)^20=$ 19,292.59

After tax amount=$ 19,292.59*(1-28%)=$ 13,890.66

The future value of the $1,440 is computed thus:

FV=$1,440*(1+12%)^20=$ 13,890.66

The Roth plan has not tax implication thereafter as tax was paid before savings.

7 0

3 years ago

If a corporate bond is issued with a coupon rate that varies directly with the required return, the price of the bond will

dedylja [7]

The answer to this question is that the price of the bond will be equal to the face value.

Bonds are type of investments in which the investor can receive money on the investment with a fixed interest. Bonds are also known as fixed income securities. This type of investment is less risky because the insurer will return the face value of the investment and interest from the investment is in a fixed rate.

4 0

3 years ago

Annual Worth and Capital Recovery Calculations U S. Steel is considering a plant expansion to produce austenitic, precipitation

Anna007 [38]

Answer:

$5,601,632

Explanation:

we must first calculate the present value of the required investments and the annual costs:

initial investment = $13,000,000 + $10,000,000/1.1 = $22,090,909

annual costs = $1,200,000 x 5.0188 (PV annuity factor, 15%, 10 periods) = $6,022,560

present value of initial investment + annual costs = $28,113,469

we must calculate an annuity that has a present value = $28,113,469 with a 15% discount rate and 10 years:

annuity = $28,113,469 / 5.0188 = $5,601,631.67 ≈ $5,601,632

7 0

2 years ago