You are asked to make comparisons of two pairs of countries. The first pair are the Latin American countries of Chile and Argentina; the second pair are France and Germany. You are given the following information: the average saving rate in Argentina is 23.3 percent, in Chile it is 28.7 percent, in France it is 21.1 percent, and in Germany, 20.8 percent. Assuming the countries are identical in every other way, which country would the Solow model predict to have the higher per capita real GDP? However, you find out the steady state real per capita GDP in each of the countries is $13,300 in Argentina, $12,500 in Chile, $31,300 in France, and $34,000 in Germany. What is the primary factor that the simple Solow model uses to describe these differences? Give an example.
Answers: 2
Business, 21.06.2019 23:30
Acompany is developing a new highperformance wax for cross country ski racing. in order to justify the price marketingwants, the wax needs to be very fast. specifically, the mean time to finish their standard test course should be less thanseconds for a former olympic champion. to test it, the champion will ski the course 8 times. the champion's times(selected at random) are 59.9 61.9 48.8 52.2 46.6 45.3 50.6 and 41.1 seconds to complete the test course. complete parts a and b below.a) should they market the wax? assume the assumptions and conditions for appropriate hypothesis testing are metfor the sample.assume=0.05. what are the null and alternative hypotheses? choose the correct answer below.b) suppose they decide not to market the wax after the test, but it turns out that the wax really does lower the champion'saverage time to less thanseconds. what kind of error have they made? explain the impact to the company of such anerror.
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Business, 22.06.2019 09:00
How does the plaintiff, mrs. wood, try to implicate the gun manufacturer ( who testifies, what do they say, what evidence is introduced)?
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Business, 22.06.2019 10:10
Rats that received electric shocks were unlikely to develop ulcers if the
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Business, 22.06.2019 22:10
Afirm plans to begin production of a new small appliance. the manager must decide whether to purchase the motors for the appliance from a vendor at $10 each or to produce them in-house. either of two processes could be used for in-house production; process a would have an annual fixed cost of $200,000 and a variable cost of $7 per unit, and process b would have an annual fixed cost of $175,000 and a variable cost of $8 per unit. determine the range of annual volume for which each of the alternatives would be best. (round your first answer to the nearest whole number. include the indifference value itself in this answer.)
Answers: 2
You are asked to make comparisons of two pairs of countries. The first pair are the Latin American c...
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