The GDP per capita (USD PPP) in 2014 for the UK and France were similar. The...
The GDP per capita (USD PPP) in 2014 for the UK and France were similar. The UK’s GDP per capita was 39225 and France’s was 38869. However, the average number of hours worked in the UK was 1677 whereas in France it was 1473, a difference of over 200 hours annually. What might explain these differences in hours of work between these two countries?
Homework Answers
The difference in hours, explains that there is a relatively higher productivity in France than the UK. It also tells that France is investing more on capital, technology and innovations in comparison to the country of UK. As a result, France is able to achieve the same per capita income with less number of hours worked.
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The GDP per capita (USD PPP) in 2014 for the UK and France were
similar. The...
The table below reports per capita GDP and capital per person in the year 2014 for...
The table below reports per capita GDP and capital per person in
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That is, compute per capita GDP and capital per person relative to
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questions:
Mergers & acquisitions are a major form of
corporate diversification strategy, identify and discuss the top
three reasons why most (50-60%) of acquisitions fail to create
shareholder value.
What are the five major components of “CEMEX
Way” and why has this approach been so successful in
post-acquisition integration?
In your opinion, what can other companies learn from
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management?
Article:
CEMEX: Globalization "The...
The table below reports per capita GDP and capital per person in
the year 2014 for 10
countries. Your task is to fill in the missing columns of the
table.
a)Given the values in column 1 and 2, fill in columns 3 and 4.
That is, compute per capita GDP and capital per person relative to
the U.S. values.
b)In column 5, use the production model (with a capital exponent
of 1/3) to compute
predicted per capita GDP for each...
Question 21 (1 point) Recently, the Chinese government has acknowledged that its GDP growth rate for 2015 will fall to 7%, which is substantially below China's recent annual growth rates, including that for 2014 (Wall Street Journal, March 5, 2015). Over the past several decades, China has invested heavily in capital, increasing its capital stock. However, its economic system provides entrepreneurs little incentive to work to develop new technologies. What is the effect of the Chinese government doubling its spending...
9-17. Based on data in Table 9-1 and in Table 9-3, if China's per capita real GDP continues to grow at the average rate it has experienced since 1990, will its per capita real GDP be twice as high as it is today within a decade? Explain your reasoning. TABLE 9-1 Per Capita Real GDP Growth Rates in various Countries 0.9 Average Annual Rate of Growth of Real Country GDP Per Capita, 1990-2017 (%) Japan 0.8 France Germany 1.4 Canada...
How would I calculate
real GDP per capita and real GDP per hour given the following data?
Year 16.9 Nominal Population, GDP at annual market average of prices, Annual Working GDP PPP mid-quarter billions of Number of average Age Labour Employmen exchange estimates current CPI Jobs hours per Population Force t rate, (thousands) CADS 2007-100 (thousands) worker (thousands) (thousands) (thousands) USS/CADS 1961 18224.5 42.0 14.1 1962 18570.8 45.7 14.3 1963 18919.0 49.2 14.4 1964 19277.3 53.9 14.7 1965 19633.5 59.5...
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Read the Article posted below, then answer the following
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Mergers & acquisitions are a major form of
corporate diversification strategy, identify and discuss the top
three reasons why most (50-60%) of acquisitions fail to create
shareholder value.
What are the five major components of “CEMEX
Way” and why has this approach been so successful in
post-acquisition integration?
In your opinion, what can other companies learn from
the “CEMEX Way” as a benchmark for acquisition
management?
Article:
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