Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jul 05, 2024

If in a given year, the savings rate is 2%, the economic growth rate is 4%, and the return to the capital is 5%, how

If in a given year, the savings rate is 2%, the economic growth rate is 4%, and the return to the capital is 5%, how much are and , respectively?

A. 20% and 8%

B. 200% and 2%

C. 2% and 2%

D. 200% and 8%

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Slavery And American Economic Development

Authors: Gavin Wright

1st Edition

0807152285, 9780807152287

More Books

Students also viewed these Economics questions

Question

★★★★★

A bicycle wheel of radius 28 cm is mounted at the middle of an axle 50 cm long. The tire and rim weigh 30 N. The wheel is spun at 12 rev/s, and the axle is then placed in a horizontal position with...

Answered: 1 week ago

Question

★★★★★

What relationship, if any, do you see among expectancy theory, goal setting theory, equity theory, and reinforcement theory? Explain.

Answered: 1 week ago

Question

★★★★★

=+4. For which one of the following situations would a Wilcoxon rank-sum (or Mann-Whitney) test be appropriate?

Answered: 1 week ago

Question

★★★★★

Nadeau Company, a small company following ASPE, is adjusting and correcting its books at the end of 2017. In reviewing its records, it compiles the following information. 1. Nadeau has failed to...

Answered: 1 week ago

Question

★★★★★

Please normalize one table into 3NF using relational notation! Following the normalization procedures from chapter 2, normalize at least on of the table below into 3NF using relational notation....

Answered: 1 week ago

Question

★★★★★

Question 4 0 out of2 points In a random sample of 1600 people, who are asked to choose between two policies; 880 Choose policyAand 720 did not A. If one wishes to test whether there is more than 50%...

Answered: 1 week ago

Question

★★★★★

22. 222 A tendency exists for a policyholder to purchase an insufficient policy limit with respect to property insurance on a building. Why is such the case? Assuming that the policy limit is...

Answered: 1 week ago

Question

★★★★★

Longworth Partnership purchased a machine for $ 5 8 , 2 5 0 to use in its business. In year 3 , Longworth sold the machine for $ 3 7 , 9 0 0 . Between the date of the purchase and the date of the...

Answered: 1 week ago

Question

★★★★★

Question 1: (5 Marks) A particle moves along a straight line with a velocity given by (t) = 51 - 4t+2. where v(t) is in meters per second and f is in seconds (a) Determine the acceleration of the...

Answered: 1 week ago

Question

★★★★★

1 : WHY PTERIDOPHYTES ARE CALLED VASCULAR CRYPTOGAMS ? 2 : WHAT ARE THE MIST IMPORTANT ADVANTAGE OF PTERIDOPHYTES ?

Answered: 1 week ago

Question

★★★★★

Globex Corporation creates, sells, and maintains of digital solutions for customers. It has 16,000 employees spread over 32 geographical locations. The organization has 12,000 company owned devices...

Answered: 1 week ago

Question

★★★★★

16.3 Describe the purpose of Canadian labour laws.

Answered: 1 week ago

Question

★★★★★

16.6 Outline the three waysto obtain union recognition.

Answered: 1 week ago

Question

★★★★★

16.5 Describe the five steps in a union organizing campaign.

Answered: 1 week ago

Previous Question Next Question