1st lets define <span>entrepreneurs - starting his or her own bussiness offering a product, So I'd guess the role they play is the they start new bussiness, create jobs for people in need and they also bring something new to economy.
I hope I helped you </span>
Answer:
266,2 units of capital per worker
Explanation:
The capital growth as stated is compound growth. Since technology and human capital are constant, there is not expected changed in productivity factors relationship, so the formula for compound growth, in this case, is: capital per worker in 3 years' time = capital per worker * (1+ annual rate growth) ^ 3. Computing numbers would be: capital per worker in 3 years' time = 200*(1+10)^3= 266,2
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Answer:
The productivity of an average person in the top twenty percent is four (4) times that of an average person in the bottom eighty percent.
Explanation:
In questions 3c and 4b, the values of the gross domestic products for the top twenty (20) percent and the bottom eighty (80) percent are $22,800 and $5,700 respectively. Therefore, if we take the ratio of the two values, we have:
$22800/$5700 = 4
The productivity of an average person in the top twenty percent is four (4) times that of an average person in the bottom eighty percent.
