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ludmilkaskok [199]
3 years ago
8

Say that the economy is in steady state. Assume now that the government implements an important educational program that makes c

ollege more accessible to the population. As a result, there is an improvement of technology and productivity in the economy. The other parameters in the economy remain constant. Comparing the new steady state with the original steady state, you can claim that
Business
1 answer:
Iteru [2.4K]3 years ago
3 0

Answer:

The country should become more efficient and productive as a result of the new educational program and the improvement in new technologies. This increases economic growth even if the rest of the economic factors remain the same. Higher economic growth increases the real GDP faster, decreasing production costs and increasing aggregate demand (better salaries earned by highly educated people) and aggregate supply.

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John likes to dine out frequently. However, he gets very upset if the service at the restaurant is not to his liking. He loses h
Nadya [2.5K]

Answer: John has a low emotional intelligence.

Explanation: Low emotional intelligence is a condition called ALEXITHYMIA, it is a situation where by someone is unable to either express or understand his/ her emotions.

Having a low emotional intelligence has been proven to sometimes be connected to the damage of the portion of the brain that is in control of communication which should exist between the right and left part of the brain, and as a result of this, messages that are related to emotions are not processed. Sometimes it could be the result of a brain injury.

Signs of low emotional intelligence are:

• Such people are easily stressed up.

• Such people makes quick assumptions.

• Such people hold grudges.

• They are easily offended.

• They hold on to mistakes.

• They easily feel misunderstood.

• They have trust issues etc.

4 0
3 years ago
Almost half the private-sector jobs in this country come from small businesses? True or False?
Katyanochek1 [597]

Yes, it’s true that Almost half the private-sector jobs in this country come from small businesses. Although the Small businesses have a low number of employers in the private sector, they contribute around 50% of the employment in the private sector. Further, these small businesses are also cresting about two third of new jobs in the private sector.    


Hence the answer is<u> True</u>.


4 0
3 years ago
You invest $1,000 now, at an annual simple interest rate of 6%. What is the effective rate of interest in the fifth year of your
Delvig [45]

Answer:

The effective rate of interest in the fifth year is 6.15%

Explanation:

Mathematically, the effective rate of interest can be calculated as follows;

Reff = (1 + r/y)^y - 1

where;

r is the interest rate = 6% = 6/100 = 0.06

y is the period = 5 years

Substituting these values;

Reff = (1 + 0.06/5)^5 - 1

Reff = (1 + 0.012)^5 - 1

Reff = 1.012^5 - 1

Reff = 1.061457 - 1

Reff = 0.0615 which is 6.15%

3 0
3 years ago
Inheriting someone else’s _______ is one of the drawbacks of buying an existing business.
vaieri [72.5K]

Answer:

problems

before

franchise

idea

Any two of these:

Make time to meet with clients instead of talking on the phone.

Join a business networking group.

Take business colleagues or prospects out to lunch at least once a week.

Teach a workshop in your field at the community college.

Any two of these

Freedom

Creativity

Profit

Explanation:

pf

3 0
3 years ago
What are the five economic activities?
slava [35]

The five economic activities are:

producing, exchanging, consuming, saving, and investing.


100% Correct on Gradpoint :)

4 0
3 years ago
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