Google's average operating assets last year were $3,000,000. At the beginning of this year, Google has a $600,000 investment opportunity. The investment is expected to generate Sales of $1,530,000 earning a 65% contribution margin ratio on sales. Fixed expenses of $773,700 are also expected. If Google pursues the investment opportunity and otherwise performs the same as last year, the combined ROI for the entire company will be closest to: Multiple Choice 14.4% 2.7% 11.7% 18.8%

Label each of the following statements true, false, or uncertain. explain your choice carefully. a. workers benefit equally from the process of creative destruction. b. in the past two decades, the real wages of low-skill u.s. workers have declined relative to the real wages of high-skill workers. c. technological progress leads to a decrease in employment if, and only if, the increase in output is smaller than the increase in productivity. d. the apparent decrease in the natural rate of unemployment in the united states in the second-half of the 1990s can be explained by the fact that productivity growth was unexpectedly high during that period.