Suppose That the Total Salary of All the Employees at a Factory

question 9

Multiple Choice

Suppose that the total salary of all the employees at a factory in a certain city is $350,000. Of this salary, 80% is spent in the city. Of the money spent in the city, 80% is again spent in the city. If this continues indefinitely, how much total money is spent in the city, that is, how much of an effect does the original total salary have on the local economy?

• A) $2,800,000
• B) $504,000
• C) $1,400,000
• D) $683,200

Recognize the consequences of brain drain and capital flight on developing economies.

Understand the role of technology in enhancing economic efficiency.

Understand the significance of protecting intellectual property rights and the impact of international agencies like the World Bank on development.

Understand the concept of external validity in research studies.

---

Definitions:

Enter the Message

An instruction or prompt for the user to input text or information.

Navigation Pane

A user interface component that allows users to easily browse and navigate through different sections or contents of an application or document.

Subtitle Style

Predefined aesthetic properties applied to subtitle text, including font size, color, and position on screen.

Match Selection

In computing, a feature allowing users to automatically select or highlight text or data that matches certain criteria or patterns.