Reference no: EM13917957
1) What is human capital, and how is it different from strictly the quantity of workers available for work? Name three ways to increase a nation's human capital. Is an increase in the size of the labor force also an increase in the human capital? Explain your answer.
2) The Rule of 70 applies in any growth rate application. Let's say you have $1000 in savings and you have three alternatives for investing these funds.
A savings account earning 1% interest per year A U.S. Treasury bond mutual fund earning 3% interest per year A stock market mutual fund earning 8% interest per year
How long would it take to double your savings in each of these 3 accounts?
3) Modern economic theory points to three sources of economic growth. What are these three sources? Give an example of each.
4) Explain why a nation cannot continue to grow forever just by adding capital.
5) The Solow model focus on how resources affect output. In this chapter, we focused on capital.
a. Name the other two major categories of resources
b. Draw an aggregate production function with a typical shape; label this function F. (label all curves and axis)
c. Draw a second production function that indicates a technological advancement; label this new function F1. (label all curves and axis)
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Justify budgeting so much money for philanthropy
: As a publicly traded corporation, how can Home Depot justify budgeting so much money for philanthropy? What areas other than the environment, disaster relief, and affordable housing might be appropriate for strategic philanthropy by Home Depot?
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Payback period of the proposed acquisition and interpret
: Determine the payback period of the proposed acquisition and interpret your answer.What are the problems with payback period?
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Determine the cost of the equipment that was sold
: On January 1, 2013, Sanita Company had a balance of $76,300 in its Office Equipment account. During 2013, Sanita purchased office equipment that cost $30,300.
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What are the sources of competitive advantage
: Select a manufacturing business that creates a real product and write an overview. I need to see how this is done. The overview should include the context and your organization Articulate the vision, mission, and strategy of your organization
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Quantity of workers available for work
: 1) What is human capital, and how is it different from strictly the quantity of workers available for work? Name three ways to increase a nation's human capital. Is an increase in the size of the labor force also an increase in the human capital? ..
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Prepare statements of cash flows
: Prepare Statements of Cash Flows for each of the following firms and assess the cash issues facing each firm:
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Overview of intellectual property law
: Intellectual property law is a major issue facing organizations, and many organizations have been fined significant amounts for violations of intellectual property law.
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Target capital structure for raising funds
: Barton Industries expects that its target capital structure for raising funds in the future for its capital budget will consist of 40% debt, 5% preferred stock, and 55% common equity. Note that the firm's marginal tax rate is 40%. What is the firm's ..
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Difference between a budget deficit and the national debt
: Explain the difference between a budget deficit and the national debt. Use the Marginal Income Tax Rates in Figure 15.6 (see p. 463) to compute the following: a. tax due on taxable income of $100,000, $200,000, and $500,000 b. average tax rate on t..
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