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The beginning balance in total assets is $100,000 and total liability $30,000. The ending balance in total assets is $110,000 and total liability $50,000. Which of the following is possible?
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“Accumulating capital without technological progress cannot generate long-term growth because as capital stock grows, its depreciation _____________, while total production rises at _____________ rate and _____________ portion of the savings that it generates has to be used for replacing depreciated capital, rather than being available for production capacity expansion.”
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Among the adult population in country C, 50% participate in the labor market and 45% are employed. What is the unemployment rate in country C?
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