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3 years ago

In the Basic Solow Model without exogenous growth, if the population, and therefore the labor supply, doubles:_______

Business

1 answer:

otez555 [7]3 years ago

3 0

Answer:

In the Basic Solow Model without exogenous growth, if the population, and therefore the labor supply, doubles steady state output per worker will be unchanged.

Explanation:

According to the given scenario options A, B and C are ruled out. Hence, the answer to the above question is option D. Steady state output per worker will be unchanged.

Hope this helps.

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When bill first started working at his new job, he began to disclose highly personal information to others almost immediately, o

love history [14]

The guideline for self disclosure that Bill was unaware of in the provided scenario is the consideration of appropriateness in which he wasn’t able to at least consider the feelings of his co-workers of whether his ways are appropriate or comfortable for them.

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4 years ago

On January 1, 2018, Ace Electronics bought a new cash register for $2,500. Ace plans to use the cash register for 4 years and th

Lilit [14]

Answer:

$575

Explanation:

The computation of the depreciation expense is shown below:

= (Original cost - residual value) ÷ (useful life)

= ($2,500 - $200) ÷ (4 years)

= ($2,300) ÷ (4 years)

= $575

In this method, the depreciation expense is the same for all the remaining useful life i.e for four years, the $575 should be charged for all four years

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3 years ago

Sorin Incorporated, a company that produces and sells a single product, has provided its contribution format income statement fo

Vsevolod [243]

Answer:

Total contribution margin= $76,328

Explanation:

First, we need to calculate the unitary contribution margin:

Unitary contribution margin= 64,960 / 4,000

Unitary contribution margin= $16.24

Now, the total contribution margin for 4,700 units:

Total contribution margin= 16.24*4,700

Total contribution margin= $76,328

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3 years ago

Assume that securitization combined with borrowing and irrational exuberance in Hyperville have driven up the value of existing

iVinArrow [24]

Answer:

$120

Explanation:

Given:

• Geometric growth rate of existing financial security:

$4 to $8 to $16 to $32 to $64 to $128

• Arithmetic growth rate of underlying assests:

$4 to $6 to $8 to $10 to $12 to $14

From the values, when the price of the underlying assests is $14, the price of the existing financial security is $128.

We are told to that when values of financial secrities increased from $4 to $128, that of underlying assests also increased from $4 to $14. If patterns hold for decreases as well as for increases. Therefore to get the value of financial securities decline if the value of underlying assests suddenly and unexpectedly fell by $6, we have:

Price of underlying assests when decreased by $6 =

$14-$6 = $8.

Therefore, price of existing financial security decline wil be:

$128-$8 = $120

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3 years ago

Bonita Company had the following department information about physical units and percentage of completion: Physical Units Work i

Ahat [919]

Answer:

Equivalent units of production= 229,300

Explanation:

Giving the following information:

Physical Units Work in process, May 1 (60%) 59100

Completed and transferred out 179500

Work in process, May 31 (40%) 49800

To calculate the equivalent units, we need to use the following formula:

Units completed in the period + Equivalent units in ending inventory WIP (units*%completion) = Equivalent units of production

Equivalent units of production= 179,500 + 49,800*1

Equivalent units of production= 229,300

Because the direct material is added at the beginning of the process, the %of completion is 100%.

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3 years ago