The answer is diminish economic growth.
- The lack of property rights will produce difficulties in the daily lives of the people, and they will not be rectified unless the government intervenes with some property rights, because everyone would grab the property with power because the property rights are not there to claim the rights.
- Negative growth is defined as a drop in a company's revenues or earnings, or a drop in an economy's GDP in any quarter. Negative growth is characterized by declining wage growth and a decline of the money supply, and economists consider negative growth as a precursor to a future recession or depression.
- Economists usually believe that four variables drive economic development and growth: human resources, physical capital, natural resources, and technology.
Thus this is the meaning of diminish economic growth.
To learn more about economic growth, refer: brainly.com/question/18964806
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Answer:
Jake Werkheiser will have $170,322.48 at the end of 12 years.
Explanation:
We use the following formula to find the future value,
](https://tex.z-dn.net/?f=S%3DR%5B%5Cfrac%7B%281%2Bi%29%5En-1%7D%7Bi%7D%5D%281%2Bi%29)
S= future value
R= yearly payment =$5000
i= rate of interest = 9%=0.09
n =time =12 years.
Now putting the value of i, n, R
](https://tex.z-dn.net/?f=S%3D5000%5B%5Cfrac%7B%281%2B0.09%29%5E%7B12%7D-1%7D%7B0.09%7D%5D%281%2B0.09%29)
=$170,322.48
Jake Werkheiser will have $170,322.48 at the end of 12 years.
Answer and Explanation:
The computation of the margin of safety is shown below:
As we know that
margin of safety = Actual sales - break even sales
For Jakarta, it is
= $500,000 - ($80,000 ÷ 0.40)
= $500,000 - $200,000
= $300,000
And, for maldives, it is
= $6,620,000 - ($2,151,500 ÷ 50%)
= $2,317,000
Answer:
Self Interest & Invisible Hand of Laissez Faire Policy
Explanation:
Adam Smith Laissez Faire Policy - suggests that free markets are the best approach for welfare maximisation of a society, based on self interest guiding best decisions by individuals, and individual wealth & welfare maximisation implies society wealth & welfare maximisation.
The Invisible Hand of free markets corrects all the discrepancies (if any), re-guides self interest forming the basis of over all social interest. Government intervention is unnecessary & distortionary as per the theory
