Business, 24.12.2019 21:31 jdkrisdaimcc11
You have just conducted a growth accounting exercise for an economy with the per capita production function latex: y_t = a_t k_{t}^{1/3} \bigg(\frac{l_{yt}}{l_t}\bigg)^{2/3 }y t = a t k t 1 / 3 ( l y t l t ) 2 / 3, where latex: k_t = \tfrac{k_t}{l_t}k t = k t l t. your results show that during the period 2002-2007 the growth rate of gdp per capita was 5%, the growth rate of the stock of ideas was 4% and both the labor force and the number of production workers were growing at 3%. at what rate did the total capital stock grow over the same time horizon?
Answers: 3
Business, 21.06.2019 20:20, help1572
After all revenue and expense accounts have been closed at the end of the fiscal year, income summary has a debit of $2,450,000 and a credit of $3,000,000. at the same date, retained earnings has a credit balance of $8,222,600, and dividends has a balance of $125,000. required: a. journalize the entries required to complete the closing of the accounts on december 31. refer to the chart of accounts for exact wording of account titles. b. determine the amount of retained earnings at the end of the period.
Answers: 1
Business, 22.06.2019 06:30, coralaguilar1702
73. calculate the weighted average cost of capital (wacc) based on the following information: the equity multiplier is 1.66; the interest rate on debt is 13%; the required return to equity holders is 22%; and the tax rate is 35%. (a) 15.6% (b) 16.0% (c) 15.0% (d) 16.6% (e) none of the above
Answers: 2
Business, 22.06.2019 15:00, WowOK417
Which of the following characteristics are emphasized in the accounting for state and local government entities? i. revenues should be matched with expenditures to measure success or failure of the government entity. ii. there is an emphasis on expendability of resources to accomplish objectives. a. i only b. ii only c. i and ii d. neither i nor ii
Answers: 2
You have just conducted a growth accounting exercise for an economy with the per capita production f...
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