Small Medium Enterprise are sn important part of any economy. describe in detail the various characteristics of small medium enterprises and what value they add to the economy?
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Small Medium Enterprise are sn important part of any economy. describe in detail the various characteristics of small medium enterprises and what value they add to the economy?
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- Find out NDP from given data. GNP = 1000 Net factor income from abroad = -100 Net indirect of fixed capital = 200 Consumption of fixed capital = 20A company produces children's toys. The manager noticed the connection between the number of employed workers and the quantity of toys produced per month, which are presented in the table of following: a) Në cilën periudhë po operon kjo firmë? Pse?b) Sa është produkti mesatar kur janë të punësuar 5 punëtorë?c) Sa është produkti marxhinal kur janë të punësuar 7 punëtorë? Çfarë nënkupton kjo vlerë?d) A vepron ligji i të ardhurave marxhinale rënëse? Nëse po te cili punëtor?e) Në këtë funksion prodhimi a kemi të ardhura totale rënëse? Nëse po, te cili punëtor ndodh?f) Paraqisni grafikisht lakoret e produktit total (TP), produktit marxhinal (MP) dhe produktitmesatar (AP). No. of workers Quantities of toys 0 0 1 300 2 700 3 1200 4 1800 5 2200 6 2400 7 2400 8 2200 a) In what period is this firm operating? Why? b) What is the average product when 5 workers are employed? c) What is the marginal product when 7 workers are employed? What does this value…Refer to the table below for the following question. Suppose this economy has labor force participation rate of 80%. How many people are in the working population? Category Number of people Employed 48100 Not employed and searching for work 10900 Not employed and not searching for work 6600 Under 16 11000
- 31. Which of the following happens when the country's labour is more productive? a.A decrease in total factor productivity b.An increase in real wage c.An increase in real production d.A decrease in factor incomeThree of the main products produced in Grossmania’s manufacturing sector are leather, laces and dyes. The table below shows the outputs (Millions/units) and prices ($) for the years 2018 and 2019. LEATHER DYES LACES YEAR PRICE($) QUANTITY PRICE ($) QUANTITY PRICE$ QUANTITY 2018 100 3 10 8 5 4 2019 110 5 12 10 4 5 Calculate the Nominal GDP for: 2018 and 2019 . NB: Time periods are in weeks You may work in the network but please show the results in a table. NB: Time periods are in weeks You may work in the network but please show the results in a table.Discuss the impact of the small business on the economy in the United States What impact do small business owners have in determining how well the economy runs?
- 10 - : What do we get if we divide the nominal GDP value for a certain period in a country by the real GDP value? a) GDP deflator B) PPI NS) GDPR D) CPI TO) GNPThree of the main products produced in Grossmania’s manufacturing sector are leather, laces and dyes. The table below shows the outputs (Millions/units) and prices ($) for the years 2018 and 2019. LEATHER DYES LACES YEAR PRICE($) QUANTITY PRICE ($) QUANTITY PRICE$ QUANTITY 2018 100 3 10 8 5 4 2019 110 5 12 10 4 5 Calculate the Nominal GDP for: 2018 and 2019 . Using 2018 as the base year, calculate the Real GDP for 2019 NB: Time periods are in weeks You may work in the network but please show the results in a table. NB: Time periods are in weeks You may work in the network but please show the results in a table.Consider a small economy composed of six people: Van, Amy, Carlos, Deborah, Janet, and Felix. Each person's employment status is described in the following table. Based on the criteria used by the Bureau of Labor Statistics (BLS), identify each person’s status as employed, unemployed, “not in the labor force” (if not in the civilian labor force but still part of the adult population), or “not in the adult population” if not in the civilian adult population. Person Status (employed/not in the labor force/not in the adult population/unemployed) Van is a 41-year-old autoworker who was laid off from his job 6 months ago. He is frustrated with his inability to find a new full-time position. Last week, he took a part-time job but was given only 3 hours of work. Amy is a 42-year-old autoworker who was just laid off by her employer. She is trying to find any kind of job to help make ends meet. Carlos is a 41-year-old graphic designer who is taking 2 years off from…
- Suppose firms in Utopia produce only ice cream and chocolate candies. Consider Utopia's production information presented in the table below. Ice cream Chocolate Candies Year Quantity Produced (gallons) Price per gallon Quantity Produced (boxes) Price per candy box 2014 6,000,000 $10 14,000,000 $4 2015 7,000,000 $8.75 16,000,000 $4.75 2016 8,500,000 $8 20,000,000 $5.5 Nominal GDP of Utopia was the highest in __? The real GDP of Utopia in 2016 is higher if ___ is the base year than if ____ is the base year.Consider a small economy composed of six people: Carlos, Deborah, Felix, Janet, Megan, and Larry. Each person's employment status is described in the following table. Based on the criteria used by the Bureau of Labor Statistics (BLS), identify each person’s status as employed, unemployed, “not in the labor force” (if not in the civilian labor force but still part of the adult population), or “not in the adult population” if not in the civilian adult population. Person Status Carlos is a 74-year-old professor. He teaches only one or two courses a year, but he's still pursuing an active research agenda. Deborah is a 42-year-old autoworker who was just laid off by her employer. She is trying to find any kind of job to help make ends meet. Felix is a 42-year-old accountant who has been out of work for almost a year. He became so discouraged that he gave up on his job search a couple of months ago. Megan is a 29-year-old who lost her job as an associate…Please answer asap What is the nominal gdp and the value added of service sector?