If Output Per Worker in a Steady State Is $30,000,depreciation

question 80

Multiple Choice

If output per worker in a steady state is $30,000,depreciation is 13%,the population growth rate is two percent,and the saving rate is 20%,what is the steady state capital-labor ratio?

• A)$10,500
• B)$85,714
• C)$22,500
• D)$40,000

Appreciate the contribution of people with disabilities to the competitive advantage of organizations through appropriate accommodation and technology.

Understand the basic geological structures such as faults, joints, anticlines, synclines, and the factors contributing to their formation.

Identify and distinguish between different types of faults (normal, reverse, strike-slip, thrust) and comprehend the mechanics behind their development.

Recognize the role of stress types (compression, tension, shear) in the formation of geological structures and faults.

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Definitions:

Positive Externality

A benefit that affects a party who did not choose to incur that benefit, often associated with public goods or services that extend beyond the direct participants in an economic activity.

Rival in Consumption

Refers to a situation where the consumption of a good by one individual prevents or diminishes its consumption by another.

Club Goods

Goods that are excludable but non-rivalrous, meaning they can be accessed by members of a specific group but one person's use does not diminish availability for others.

Public Goods

Goods that are non-excludable and non-rivalrous, meaning they can be used by everyone and one person's use does not reduce availability for others.