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3 years ago

Describe the relationship between economic growth and a nation’s standard of living.

Business

1 answer:

harkovskaia [24]3 years ago

6 0

Answer: hope this helps.

Broadly shared growth in per capita GDP increases the typical American's material standard of living. ... Productivity growth allows people to achieve a higher material standard of living without having to work more hours or to enjoy the same material standard of living while spending fewer hours in the paid labor force.

Explanation:

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According to the quantity equation, the price level would change less than proportionately with a rise in the money supply if th

Rama09 [41]

Answer:

the correct answer is either a rise in output or a fall in velocity.

good luck

5 0

3 years ago

Identify whether each of the following statements best illustrates the concept of consumer surplus, producer surplus, or neither

WINSTONCH [101]

Answer:

a. Producer surplus

b. Neither

c. Consumer surplus

Explanation:

The producer surplus is the difference between the minimum price a producer is willing to accept for a product and the price he actually gets.

The consumer surplus is the difference between the maximum price a consumer is willing to pay for a product and the price he actually gets.

a. Here, the person gets $189 for his laptop but he was willing to accept $180 as well. This is an example of producer surplus. The producer surplus, in this case, is $9.

b. In this example, we only know the price that the producer actually received and the price the consumer actually paid. The maximum price the consumer was willing to pay or the minimum price that the producer was willing to accept is not mentioned. So this is neither an example of producer surplus nor consumer surplus.

c. Here, the consumer was willing to pay $47 for a sweater, but he actually has to pay $40. This is an example of consumer surplus. The consumer surplus is equal to $7.

3 0

3 years ago

What is organizational behavior in a organization

My name is Ann [436]

Answer:

Organizational behavior is the academic study of how people act inside of groups. Its principles are applied primarily in attempts to make businesses work more efficiently

3 0

3 years ago

Read 2 more answers

holdup bank has an issue of prefered stock witha standard deviation of $7 that just sold for $87 per share. What is the banks co

alisha [4.7K]

Answer: 8.05%

Explanation:

From the question, we are informed that Holdup bank has an issue of prefered stock witha stated dividend of $7 that just sold for $87 per share.

The banks cost of prefered will be:

= Dividend / Stock value

= 7/87

= 0.0805

= 8.05%

6 0

3 years ago

Fill in the blanks with words that would best complete the passage.avoidance, contractual, abeyance, indemnification, principal,

Mama L [17]

Answer:

Constructive trust, contractual,

principal, constructive trust, avoidance,

indemnification

Explanation:

Constructive trust is a fair remedy imposed by a court to benefit a party that has been wrongfully deprived of its rights due to a breach of fiduciary duty.

For misrepresentation, negligence, deceit, libel, slander or trespass by an agent contractual remedies may be applied such as; award of damages, restitution, or specific Performance.

The agency relationship is an arrangement in which one entity (the principal) legally appoints another (the agent) to act on its behalf, so anything that the agent obtains by virtue of the agency relationship belongs to the principal.

A constructive trust is imposed by a court If an agent breaches his or her fiduciary duty to the agent by retaining benefits or profits that belong to the principal. It would be Implied that the agent held the thing on the principal’s behalf.

Avoidance here implies that a principal can avoid or stay away from the contract.

Indemnification sometimes mandates an agent to indemnify (compensate, protect) the principal from the damages.

7 0

3 years ago