Business, 18.09.2019 03:20 jessica01479

Let’s think about two countries, frugal and smart. in frugal, people devote 50% of gdp to making new investment goods, so =0.5, and their production function is =k‾‾√. in smart, people devote 25% of gdp to making new investment goods, so =0.25 and their production function is =2k‾‾√. both countries start off with k=100.a. what is the amount of investment in each country this year? investment, frugal: investment, smart: b. what is the amount of consumption (gdp−investment, or − ) in each country this year? consumption, frugal=consumption, smart=c. where would you rather be a citizen: frugal or smart? a)frugalb)there is no appreciable difference between the two countries. c)smart

Answers: 3

Show answers

Another question on Business

Business, 22.06.2019 17:30

One of your new suppliers, kim, has been hearing rumors about your firm’s lack of capability to deliver high quality products and writes an email asking you to address the claims being made. in replying to her, you want to be sure that you are very clear and leave no room for misinterpretation. which of the following aspects of effective communication should you give the most attention? (a) making sure you understand kim’s areas of expertise. (b) supporting your reply with relevant data and facts. (c) establishing your credibility as an expert. (d) paying attention to implied communications.

Answers: 2

Answer

Business, 22.06.2019 23:50

Cash flows during the first year of operations for the harman-kardon consulting company were as follows: cash collected from customers, $360,000; cash paid for rent, $44,000; cash paid to employees for services rendered during the year, $124,000; cash paid for utilities, $54,000.in addition, you determine that customers owed the company $64,000 at the end of the year and no bad debts were anticipated. also, the company owed the gas and electric company $2,400 at year-end, and the rent payment was for a two-year period.calculate accrual net income for the year.

Answers: 2

Answer

Business, 23.06.2019 00:10

Wang distributors has an annual demand for an airport metal detector of 1 comma 350 units. the cost of a typical detector to wang is $400. carrying cost is estimated to be 19% of the unit cost, and the ordering cost is $24 per order. if ping wang, the owner, orders in quantities of 300 or more, he can get a 10% discount on the cost of the detectors. should wang take the quantity discount? \

Answers: 1

Answer

Business, 23.06.2019 02:30

Cadillac's portfolio consists of sedans, a crossover, a sport utility vehicle, and a high-performance version of the sedan. the sedans are sold through the cadillac dealer network, but the high-performance version is sold in limited volumes and is not available at all dealers. this difference in availability is an example of how the products within the cadillac portfolio are differentiated by the

Answers: 3

Answer

You know the right answer?

Let’s think about two countries, frugal and smart. in frugal, people devote 50% of gdp to making new...

Questions