Answer:
The difference in human capital explains $7,863 of the income per worker gap while the difference in physical capital explains $20,181 of the income per worker gap.
Explanation:
Human capital refers to the skills, knowledge, and efforts of the people in producing goods and services. It is also known simply as labor. Physical capital refers to the "man-made" goods that assist in production, including machinery, equipment, and technological items such as computers.
In the given scenario, the income per worker in the United States is $82,359 - $54,315 = $28,044 more than the income per worker in South Korea. This is explained by differences in both the level of technology (i.e. physical capital) and the capability of workers (i.e. human capital).
We are informed that the income per worker in South Korea would be $74,496 if it had the same level of technology as the United States. This means that $74,496 - $54,315 = $20,181 of the income per worker gap between the two countries is explained by differences in physical capital. Hence the remaining difference of $28,044 - $20,181 = $7,863 is explained by differences in human capital between the two countries.
Nothing much. I’m happy that I got no school today. At least I get to sleep more :)
Answer:
total amount of commission = $100
so correct option is b. $100
Explanation:
given data
purchased = 100 shares
purchase cost = $20
charges = 5 percent = 0.05
to find out
total amount of commission
solution
we get here total amount of commission that is express as
total amount of commission = purchased × purchase cost × charge ........1
put here value , we will get total amount of commission
total amount of commission = 100 × $20 × 0.05
total amount of commission = $100
so correct option is b. $100
Answer: Market culture
Explanation:
This is a culture where the aim is to make as much profit as possible, this kind of culture is usually known for its competitive environment.
The correct answer is Jack.
The total cost of 5 slices of pizza and 3 paperback novels is calculated by this formula:
(5 x $3) + (3 x $5)=
$15 + $15 = $30
Since Jack has a budget of $30 and Diane has a budget of $15, only Jack can afford 5 slices of pizza and 3 novels.