Use the table below to answer the following questions.
Table 22.3.1
-Refer to Table 22.3.1. The tables show the labour market and the production function schedule for the country of Pickett. An increase in population changes the quantity of labour supplied by 20 billion hours at each real wage rate. Potential GDP
Definitions:
Dividend Payout Ratio
The proportion of net income a firm pays out to its shareholders in the form of dividends.
ROA
Return on Assets, a financial ratio indicating the profitability of a company relative to its total assets.
ROE
Return on Equity, a financial ratio that measures the profitability of a business in relation to shareholder's equity.
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