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

Net income and owner's equity for four businesses four different proprietorships, jupiter, mars, saturn, and venus, show the same balance sheet data at the beginning and end of a year. these data, exclusive of the amount of owner's equity, are summarized as follows: total assets total liabilities beginning of the year $550,000 $215,000 end of the year 844,000 320,000 on the basis of the preceding data and the following additional information for the year, determine the net income (or loss) of each company for the year. (hint: first determine the amount of increase or decrease in owner's equity during the year.) jupiter: the owner had made no additional investments in the business and had made no withdrawals from the business. mars: the owner had made no additional investments in the business but had withdrawn $36,000. saturn: the owner had made an additional investment of $60,000 but had made no withdrawals. venus: the owner had made an additional investment of $60,000 and had withdrawn $36,000. jupiter net income $ mars net income $ saturn net income $ venus net income $

Which of the following is an example of an unsought good? a. cameron purchases a new bike. b. jordan buys paper towels. c. taylor buys cupcakes from her favorite bakery. d. riley buys new windshield wipers for her car.

In our daily interactions we can find ourselves listening to other people solely for the purpose of finding weakness in their positions so that we can formulate a convincing response. select one: true false