Assume two economies are identical in every way except that one has a higher saving rate. According to the Solow growth model, in the steady state the country with the higher saving rate will have ______ level of output per person and ______ rate of growth of output per worker as/than the country with the lower saving rate. A. the same; the same B. the same; a higher C. a higher; the same D. a higher; a higher

Answers

Answer 1

Answer:

a higher; the same

Explanation:

Solow's law attempts to explain how long term productivity is affected by capital accumulation and population growth.

As population increases the steady state of capital per person decreases.

However when the rate of savings is high in the economy there will be a larger capital stock and higher output in the long run.

If the economies are identical as is stated above the the rate of growth of output per worker will be the same.


Related Questions

Which of the following claims best indicates the policy that the United States government followed toward business during World War I Group of answer choices a.) The government busted more trusts during the war years than in the preceding dozen years. b.) The government believed that the war for democracy would be won by showing the world that private industry could do the job without regulation, the true American way. c.) The government imposed many new regulations on business and industry but supervised them with a minimum of bureaucracy. d.) The government nationalized the railroads and created five thousand government agencies to supervise home-front activities.

Answers

Answer: d.) The government nationalized the railroads and created five thousand government agencies to supervise home-front activities.

Explanation:

When the United States entered WW1 in 1917, the government knew that the only way to provide the resources needed to win the war was the centralize production so as to provide a coordinated effort across both the public and private sectors.

In light of this, the government introduced several measures such as the nationalization of the railroads. Congress also approved the creation of 5,000 temporary government agencies to help the war effort at home and provide jobs for between 500,000 to 1 million people.

Yuto owns a souvenir shop in Tokyo. He wants to reach English speaking tourists in his city during certain hours of the day. Which three areas of his Search campaign does Yuto need to adjust to achieve this goal? (Choose three.) Select All Correct Responses Location targeting Ad scheduling

Answers

Answer: Ad scheduling, location targeting and language targeting

Explanation:

These are the three things Yuto should consider for his souvenir store in Tokyo;

1) Ad scheduling: this would be described as having a program where Ads are carried out. This is arranging all Ads especially for various sector of product and for various days.

2) Location targeting; this is having an idea of your target market and maximizing meetings with them, ensuring that you are heard or seen by various means of communication.

3) Language targeting; this is trying to reach out to those who speak a particular language by speaking same language with them inorder to promote your product.

Checkable and debitable accounts in commercial banks and other financial institutions are classified as money because A. they sometimes earn an interest income for the depositor. B. banks hold currency in their vaults equal to the value of demand deposits. C. they are not liabilities of the banks. D. they are generally acceptable in the payment of debt.

Answers

Answer:

The answer is D.

Explanation:

Option D. They are generally acceptable in the payment of debt is correct. Checkable and Debitable are very liquid as they can be easily convertible to money. That is, it is indirectly like money.

Option B is wrong as it is not related to the question atal.

Option C is wrong because all customers' deposit are the liabilities of the banks.

Christopher is a licensed sales agent sponsored by Coastal Realty in Corpus Christi, Texas. Jose has been a real estate broker in Playa del Carmen, Mexico, for five years. In that time, Mexico has not required any kind of license or registration to engage in brokerage activity. Christopher has clients interested in purchasing property on the Gulf Coast of Mexico. Christopher has referred his clients to Jose. Can Christopher accept compensation from Jose for referring his clients to Jose

Answers

Answer:

Yes.

Explanation:

Christopher can accept referring fee from Jose for clients referred to him but he should disclosed this fee as referring fee since he is a licensed agent. Jose may or may not disclose referral fee paid by him since he is not registered sales agent and Mexico does not require any kind of license for brokerage activity.

The Brown family's dinner bill was 75 89 and they lert 1000 as a tip. What percent was the tip?
ON
138

Answers

Answer:

Percentage of tip = 13.18% (Approx.)

Explanation:

Given:

Total amount of dinner bill = 7,589

Amount of tip = 1,000

Find:

Percentage of tip

Computation:

Percentage of tip = [Amount of tip / Total amount of dinner bill]100

Percentage of tip = [1,000 / 7,589]100

Percentage of tip = [1,000 / 7,589]100

Percentage of tip = [0.131769]100

Percentage of tip = 13.1769

Percentage of tip = 13.18% (Approx.)

Name any FIVE causes of stress in the workplace​

Answers

Answer:

Causes of stress in the workplace are:

a)Long hours.

b)Heavy workload.

c)Changes within the organisation.

d)Tight deadlines.

e)Changes to duties.

f)Job insecurity.

For the current financial year a hotel had $350,000 in its retained earnings account at the beginning of the year. During the year it earned $80,000 in profit and paid $32,000 in dividends to its owners. The balance sheet at the end of the current financial year should reflect a retained earnings balance of: A.$430,000. B.$318,000. C.$398,000. D.$48,000. E.$80,000.

Answers

Answer:

The correct option is C.$398,000.

Explanation:

This can be determined as follows:

Retained earnings for the year = Profit earned during the year – Dividend paid to the owners = $80,000 - $32,000 = $48,000

Ending retained earnings = Beginning retained earnings + Retained earnings for the year = $350,000 + $48,000 = $398,000

This implies that the balance sheet at the end of the current financial year should reflect a retained earnings balance of $398,000.

Therefore, the correct option is C.$398,000.

Does it matter how much money you make in your career?

Answers

Yeah it will matter because that’s what you will use in the future whenever you are grown up

Answer:

Yes,it does matter how much money you make in your career

When planning a trip to Spain, Brett and his wife, both Americans, were concerned about how much they could afford to spend in Europe because sometimes the U.S. dollar will buy more goods and sometimes it will buy less, based on changing economic conditions. The ________ rate is the rate at which the currency of one area or country can be exchanged for the currency of another's. Group of answer choices transaction dividend exchange international fluctuation

Answers

Answer: Exchange

Explanation:

There are different currencies in the world used by different countries. We still need to trade with each other however so there must be a way for us to use our money to buy a good in a country with another currency.

We can do so by exchanging currency at a certain rate known as the exchange rate which is the rate that we can change a unit of one currency to another currency. This rate reflects the relative demand and supply factors of the various currencies such that one currency will be stronger or weaker than the other.

Clearwater Electronics is planning to open an office in Shanghai , China , and the HR department has been asked to benchmark the compensation practices of other multinational organizations in the region . Why is benchmarking a first good step to developing a compensation and benefits plan to attract and retain nes employees who will contribute to the organization ?

Answers

Answer: Benchmarking will ensure that salary and benefit decisions are made on solid data. This information will aid and influence the cost management of the organization.

Explanation:

Benchmarking simply refers to how companies compare their performance metrics and processes to that of other companies in the industry .

Through benchmarking, the organization can collect information of other companies, which will be important in developing a good compensation and benefits plan for the employees.

Juan spends all of his income on baseball cards and candy. At his current consumption bundle, the marginal utility of baseball cards is 20 and the marginal utility of candy is 10. If the price of baseball cards is $10, and the price of candy is $2, Group of answer choices Juan should consume equal amounts of baseball cards and candy. Juan is maximizing his utility, and he should continue to consume the current bundle. Juan should increase his consumption of candy and decrease his consumption of baseball cards. Juan should increase his consumption of baseball cards and decrease his consumption of candy.

Answers

Answer:

Juan should increase his consumption of candy and decrease his consumption of baseball cards.

Explanation:

Given that

The baseball cards marginal  utility is 20

And the candy marginal utility is 10.

Now If the baseball cards price is $10,

and the candy price is $2

So if we divide the marginal utility with the price so it will come 2 for baseball card and 5 for candy so the consumption of the candy should be increased while on the other hand the consumption of the baseball card should be decreased

A message sent by an HR manager asking all employees to submit details about overtime done in the previous quarter is an example of routine request

Answers

Answer:

D) information or action

Explanation:

These are the options for the question

A) settlements to claims

B) recommendations

C) adjustments

D) information or action

E) references

Routine request can be regarded as a request for information, which is been contained in case files, indices,schedules as well as dockets that doesn't look for impounded as well as confidential and sealed information.

When sending a routine email

that give recognizion for a job that is well done, the following should be included;

✓rationale that state work important of the work.

✓closing statement which encourages continued excellence.

✓specific descriptionthat explain purpose of the message.

It should be noted that message sent by an HR manager asking all employees to submit details about overtime done in the previous quarter is an example of routine request information or action

Select all that apply The three-step analysis to determine cash provided or used by investing activities includes: Multiple select question. identifying changes in investing-related accounts reporting the cash flow effects explaining the changes using T-accounts and reconstructed entries identifying changes in cash accounts

Answers

Answer:

identifying changes in investing-related accounts

reporting the cash flow effects

explaining the changes using T-accounts and reconstructed entries

Explanation:

In analysing cash flows in a business there are 3 types of cash flow: from operating activities, from investing activities, and from financing activities.

Cash flow from investing activities involves cash used for various investments over a particular period.

This can include purchase of property, equipment, acquisition of other businesses, and investment in marketable securities.

The three-step analysis to determine cash for investing activities includes:

- monitoring changes that occurs in investment related accounts

- reporting of cash flow as it relates to investment

- use of T accounts and reconstructed entries to explain changes in cash flow

Emily is deciding whether to buy the same designer jacket her friends have. The jacket is much more expensive than a similar one from a lesser-known brand.

Which questions should she consider before she buys the jacket? Check all that apply.

Is advertising influencing her?
What are her motivations?
Has she compared prices?
Is she buying at the right time?
Will her sister like the jacket too?

Answers

Answer: Is advertising influencing her?

What are her motivations?

Has she compared prices?

Is she buying at the right time?

Explanation:

The questions that she should consider before she buys the jacket include:

• Is advertising influencing her?

• What are her motivations?

• Has she compared prices?

• Is she buying at the right time?

Before buying the jacket, the question "Will her sister like the jacket too?" shouldn't be considered as she is looking to satisfy her own needs and not that if her sister and in this case, he sister shouldn't have an impact on her buying decision.

Answer:

A, B, C, D

Explanation:

edge2021

Staind, Inc., has 7.5 percent coupon bonds on the market that have 10 years left to maturity. The bonds make annual payments. If the YTM on these bonds is 8.75 percent, what is the current bond price?

Answers

Answer:

Explanation:

Assuming the face value of the bond = $1000. Interest = 1000*7.5% = $75

Current Price = Interest * PVAF (10 years, 8.75%) + Maturity Value * PVF (8.75%, 10 Years)

Current Price = $75 * 6.4889 + $1000*0.4322

Current Price = $486.67 + $432.20

Current Price = $918.87

So, the current bond price is $918.87

Mineral-rich Democratic Republic of the Congo is one of the world's most important sources of uranium. It also is a source of copper, tin, diamonds (mainly industrial), gold, cobalt, and zinc. Agricultural products include palm oil and kernels, cottonseed, rubber, cotton, coffee, peanuts, sweet potatoes and yams, and cassava. How many cotton products does Democratic Republic of the Congo produce

Answers

Answer: Two

Explanation:

According to the paragraph above, the DRC produces both cotton and cottonseed. Both of these are cotton products. First the cotton that surrounds the seed is removed by the process of ginning and then processed for clothing.

Then the cottonseed can also be processed to extract the oil contained in it. This oil can be used to make candles, cosmetics and insecticide. After the oil is extracted, the seed can then be used to feed livestock.

Robertson Inc. prepares its financial statements according to International Financial Reporting Standards (IFRS). At the end of its 2021 fiscal year, the company chooses to revalue its equipment. The equipment cost $540,000, had accumulated depreciation of $240,000 at the end of the year after recording annual depreciation, and had a fair value of $330,000. After the revaluation, the accumulated depreciation account will have a balance of:

Answers

Answer:

$264,000

Explanation:

Calculation to determine what the accumulated depreciation account will have a balance of:

$240,000 x ($330,000/300,000) = $264,000

Therefore , the accumulated depreciation account will have a balance of:$264,000


Name FIVE factors that must be considered when choosing a form of ownership.

Answers

Answer:

1) financing, taxation,risk tolerance, continuity and transferability,entrepreneurial ability

Explanation:

,

Why would a manager begin the evaluation process by asking the individual to evaluate his or her contributions to the project?

Answers

Answer:

To determine the employee's strengths and weaknesses

Explanation:

The reason a manager would begin the evaluation process of an employee by asking the individual to evaluate his or her contributions to the project is "to determine the employee's strengths and weaknesses"

This is a form of self-assessment to the employee. Hence, it allows the employer to let the employee know his current abilities and proficiency without the need for an appraiser or biased judgment.

For example, the self-assessment will include questions like "what are my strengths"

Mary Smith is considering investing in 30 year Corporate Bonds issued by Duke Energy Company. She knows that she will earn an interest rate of 8% by purchasing these bonds. However, she is concerned because she might need to take her money out of this investment in a year, and she has heard that she might have to sell the bonds at a significantly lower price than she will purchase them for. What type of risk is Mary concerned about

Answers

Answer:

Mary Smith is concerned about systematic risk.

Explanation:

Systematic risk refers to the ongoing risk caused by a combination of factors, including the economy, geopolitical issues, corporate health, and others.  It covers the impact on the overall market and includes systemic risks that are peculiar to an industry.  Systemic risk will only impact the market for Corporate Bonds.  But, Mary's concern shows that other factors might combine, causing her to require her money back after a year.

give four basic functions of the government​

Answers

the 4 functions of government are:

1.maintain and make laws

2.raise taxes

3.protect environment

4.national defence

Answer:

listening to the citizens before making decisions .Helping in the development activities .making suitable rules and regulations for the country .Providing citizenship cards to the every citizens of the country .

hope it is helpful to you

As part of the initial investment, Ray Blake contributes equipment that had originally cost $97,300 and on which accumulated depreciation of $72,975 has been recorded. If similar equipment would cost $140,300 to replace and the partners agree on a valuation of $48,800 for the contributed equipment, what amount should be debited to the equipment account

Answers

Answer:

$48,800

Explanation:

the computation of the amount that should be debited to  the equipment account is as follows:

Given that

The cost of an equipment is $97,300

the accumulated depreciation is $72,975

The replacement cost is $140,300

And, the valuation of the equipment is $48,800

So based on the above information, the amount that should be debited is equivalent to the valuation of the equipment i.e. $48,800

What do we call a business that focused on building products that meet consumers' needs?

Answers

Answer: Market oriented business

Explanation:

Market orientation refers to the business philosophy whereby companies identifies the needs of their customers and make products that meet such needs or wants.

A business that's using market orientation will research the current trends in the market and make products that meet them. Strong brands use market orientation approach to meet customers needs.

how to calculate for opening bank balance​

Answers

Answer:

The opening balance is the amount of money that is available in the bank at the beginning of each financial period, such as the start of each month or each year. It is the amount brought forward and first figure entered in the account at the beginning of each period. When the amount is newly opened, the opening balance is the first amount entered in the account

Therefore, the opening balance is the difference between the closing balance and the deposit less the withdrawals within a period

Closing Balance = The Opening Balance + Total Income - Total Expense

Therefore;

The Opening Balance = Closing Balance - Total Income + Total Expense

Explanation:

Angela is the president and majority shareholder of Calypso Corporation, a publicly traded company. Angela recently purchased (without the knowledge of other shareholders) a vacation home for her family and vehicles for her children under the name of the corporation. The children are not employees of Calypso. In a lawsuit brought against Calypso, the court disregarded the corporate entity because it

Answers

Answer: Comingled the assets of the business with that of the shareholders.

Explanation:

Normally, the shareholders of a company are protected by the limited liability clause which limits any liability they might incur from a business to the amount that they put into the business.

There are times however, when the Courts would remove this protection clause and one of those times is if the shareholders of the business mix their personal assets with that of the company.

This is what happened here so the Court would be in the right to remove the Corporate entity clause that protects shareholder liability and hold Angela directly responsible.

Your uncle has $300,000 invested at 7.5%, and he now wants to retire. He wants to withdraw $35,000 at the end of each year, beginning at the end of this year. He also wants to have $25,000 left to give you when he ceases to withdraw funds from the account. What is the maximum number of $35,000 withdrawals that he can make and still have at least $25,000 left in the account

Answers

Answer:

14.96

Explanation:

Calculation to determine For how many years can he make the $35,000 withdrawals and still have $25,000 left in the end

Using financial calculator to determine the Number of years

I/YR= 7.50%

PV=$300,000

PMT=$35,000

FV=$25,000

N=?

Hence,

N=14.96 years

Therefore For how many years can he make the $35,000 withdrawals and still have $25,000 left in the end will be 14.96 years

Mr. Benjamin salgado invested his savings to salgado and delgado construction corporation amounting to php500,000 in cash and equipment worth php250,000.00

Answers

Answer:

Mr. Benjamin has invested total php 750,000 in Salgado and Delgado construction corporation.  

Explanation:

The investment made by Mr. Benjamin in cash and as an equipment both will be considered as investment made in the company. The percentage of stake will be calculated by considering both forms of investments. Mr. Benjamin will have controlling stake in Salgado and Delgado corporation. The company can receive dividends according to percentage of stake declared by the company.

a. is borrowed money invested in start-up businesses and provided by the Small Business Administration b. includes all the money the owner of the business invests in his or her new enterprise c. is financing obtained from investment firms that specialize in financing small, high-growth companies d. is another name for the principal which a business borrows from a bank e. gives the investor no voice in how the company in which he or she has invested will operate

Answers

Complete Question:

Venture capital:

Answer:

c. is financing obtained from investment firms that specialize in financing small, high-growth companies.

Explanation:

Venture capital can be defined as a form of financing through which an investor provide capital for small, early-stage and high-growth companies in exchange for an equity stake or partial ownership of the company.

This ultimately implies that, venture capital is a type of financing obtained from investment firms that mainly specialize in providing finance for small, high-growth companies. Also, these small, high-growth companies or businesses are typically owned by individuals or a small group of people.

In conclusion, venture capital involves making capital investment in a small business with high growth potential in exchange for partial ownership or an equity stake in the business.

can someone help? it's accounting !​

Answers

Answer: i cant see

Explanation:

Christopher is a self-employed cash-method, calendar-year taxpayer, and he made the following cash payments related to his business this year. Calculate the after-tax cost of each payment assuming Christopher has a 37 percent marginal tax rate. a) $500 fine for speeding while traveling to a client meeting. b) $800 of interest on a short-term loan incurred in September and repaid in November. Half of the loan proceeds was used immediately to pay salaries and the other half was invested in municipal bonds until November. c) $600 for office supplies in May of this year. He used half of the supplies this year and he will use the remaining half by February of next year.

Answers

Answer:

A. $500

B. $696

C. $378

Explanation:

Calculation to determine the after-tax cost of each payment

A. Based on the information given the AFTER-TAX COST will be $500 reason been that it is NOT DEDUCTIBLE based on the fact that fines and penalties does not provide a tax break

B. After-tax cost=$800 * [1-(0.5*0.37)]

After-tax cost=$800*(1-0.13)

After-tax cost=$800*0.87

After-tax cost=$696

Therefore After-tax cost is $696 reason been that HALF OF THE INTEREST will NOT be DEDUCTIBLE reason been that it was used to obtain NON-TAXABLE INCOME

C. After-tax cost=$600 * (1 - 0.37)

After-tax cost=$600*0.63

After-tax cost=$378

Therefore the After-tax cost is $378

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