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 12:30
Jack should consider job enrichment when designing the new commercial cleaner jobs so that
Answers: 1
Business, 22.06.2019 10:20
The following information is for alex corp: product x: revenue $12.00 variable cost $4.50 product y: revenue $44.50 variable cost $9.50 total fixed costs $75,000 what is the breakeven point assuming the sales mix consists of two units of product x and one unit of product y?
Answers: 3
You are asked to make comparisons of two pairs of countries. The first pair are the Latin American c...
Mathematics, 28.06.2019 05:50
Physics, 28.06.2019 05:50
Mathematics, 28.06.2019 05:50
Chemistry, 28.06.2019 05:50
Mathematics, 28.06.2019 05:50
Mathematics, 28.06.2019 05:50
Mathematics, 28.06.2019 05:50
Mathematics, 28.06.2019 05:50
English, 28.06.2019 05:50