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ahrayia [7]
2 years ago
13

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

Business
1 answer:
otez555 [7]2 years ago
3 0

Answer:

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

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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Clauses in labor agreements that provide for quarterly cost-of-living adjustments in wages based on changes in the consumer pric
IrinaVladis [17]

Answer:

c. escalator clauses

Explanation:

Based on the information provided within the question it can be said that the term being described is called an escalator clause. Like mentioned in the question this term refers to a clause within a contract that allows for an increase in in the price or wage stated in the contract but only under the specific conditions stated.

8 0
3 years ago
The Commerce Ministry of a country conducts regular surveys on goods and services sold within the country. Researchers at the Mi
denpristay [2]

Answer:

The correct option is C.

Explanation: Price elasticity is the measure of the rate of change in the level of quantity demanded due to a change in the level of price.

Price elasticity is usually negative, this means that it follows the law of demand; as price increases quantity demanded decreases.

Also, another incidence that can affect price elasticity is an availability of cheaper alternatives. If cheaper alternatives of a particular product are introduced into the market, the demand for that product will reduce, because consumers will abandon it for its cheaper alternatives, thereby driving the elasticity of that product higher.

Therefore, in the scenario given above, the elasticity is higher than -1.2 because there are new brands that have just been introduced into the market.

6 0
3 years ago
When Jane appeared for an interview at Incogyn Inc., she was promised a monthly pay of $7,500 after all tax deductions. However,
musickatia [10]

Answer:

C) legal component

Explanation:

When Jane got the job at Incogyn Inc she signed a contract that states she would receive $7,500 after all taxes are paid. Instead she was paid $7,230.

This is a misinterpretation of information, breach of the contract between Jane and Incogyn so the loss incurred was as a result of legal component of Incogyn Inc's environment.

When companies make deductions not previously agreed upon, the information should be passed along to the employees to avoid legal action.

6 0
3 years ago
What is inexpensive and designer clothing?
MrRa [10]

Rue La La. Rue La La offers designer brands at up to 70% off retail prices through “Boutique” sales - think flash sales by designer. ...

Neiman Marcus Last Call. ...

6PM. ...

Gilt. ...

Bluefly. ...

Nordstrom Rack.

5 0
3 years ago
Read 2 more answers
Henry, Luther, and Gage are dissolving their partnership. Their partnership agreement allocates each partner 1/3 of all income a
zzz [600]

Answer: b. Debit Henry, Capital $42,500; debit Luther, Capital $34,500; credit Cash $77,000. Debit Henry, Capital $45,000; debit Luther, Capital $37,000; credit Gage, Capital $5,000; credit Cash $77,000.

Explanation:

The deficiency will apportioned to Henry and Luther equally.

Henry capital becomes = 45,000 - 2,500 = $42,500

Luther capital becomes = 37,000 - 2,500 = $34,500

The $77,000 will then be debited to their capital accounts to recognize the balance left in their accounts:

= 42,500 + 34,500

= $77,000

Credit Gage for $5,000 to recognize that Henry and Luther paid off the deficiency.

4 0
2 years ago
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