For each of the following economic changes, state which determinant of growth it will affect: 1-Invention...
For each of the following economic changes, state which determinant of growth it will affect:
1-Invention of the Wheel
2-Discovery of a new aquifer
3-After school computer club for kids
4-Imigration Increases
Homework Answers
1. Technological advancement
2. Natural resources
3. human resources.
4. Increase in labour supply.
Add Answer to:
For each of the following economic changes, state which
determinant of growth it will affect:
1-Invention...
Which of the following are true of capital as a determinant of economic growth? Check all...
Which of the following are true of capital as a determinant of economic growth? Check all that apply. a. Capital investment decreases per capita real GDP. b. As consumption increases, capital formation also increases. c. Countries with higher investment rates tend to have higher growth rates. d. Technological advances allow more output from the same amount of capital.
6. Which of the following changes will NOT result in economic growth? a. improvements in...
6. Which of the following changes will NOT result in economic growth? a. improvements in technology b. increases in capital c. increases in consumption spending 9. Which of the following is NOT an example of investment in human capital? a. on-the-job training b. apprenticeship c. acquisition of obsolete skills
For each of the following examples, state whether this activity would hinder or promote economic growth...
For each of the following
examples, state whether this activity would hinder or promote
economic growth and name the component of productivity that will be
affected.
is my answer correct?
For each of the following examples, state whether this activity would hinder or promote economic growth and name the component of productivity that will be affected. a. Not requiring students to attend school b. Granting patents on new inventions c. Building a solid infrastructure system d. Allowing local rivers and...
Select all that apply 2. Economic growth determinants Which of the following are true of labor...
Select all that apply
2. Economic growth determinants Which of the following are true of labor as a determinant of economic growth? Check all that apply. 0 O An increase in capital goods decreases labor productivity. An increase in the size of the labor force increases real GDP. Technological advances increase labor productivity. Education, training, and experience increase labor productivity. O
Predict how each of the following economic changes will affect the equilibrium price and quantity in...
Predict how each of the following economic changes will affect the equilibrium price and quantity in the financial market for home loans. Sketch a separate demand and supply diagram for each to support your answers 5) a. The number of people at the most common ages for home-buying increases. b. Because of a threat of a war, people become uncertain about their economic future. c. The overall level of saving in the economy diminishes d. Banks that have made home...
In the human capital model, predict how each of these following changes would affect the proportion...
In the human capital model, predict how each of these following changes would affect the proportion of people choosing to get an education and explain why. In each case, assume nothing else changes. a. Due to new factories opening up, the wages of people with less education rise. b. Schools reorganize themselves and manage to fit the same amount of learning into one less year, so school takes one less year to complete. c. For some crotchety kids-these-days reason, people...
classify the following three scenarios by which of the determinants of productivity they affect 1. subsidized...
classify the following three scenarios by which of the determinants of productivity they affect 1. subsidized training in skilled trades at community colleges 2. the invention of a new computer language that is easy to learn and has many applications 3. classrooms, theaters, sport arenas, and other meeting places cannot be used because of the coronavirus
9. Which of the following is likely to affect the rate of economic growth? Group of...
9. Which of the following is likely to affect the rate of economic growth? Group of answer choices A. the quality of available resources B. the quantity of available resources C. technological change D. all of the above
Briefly explain using appropriate formulas: How each of the following changes will affect the exc...
I need Number 3 answered and explained please.
Briefly explain using appropriate formulas: How each of the following changes will affect the exchange rate (dollars per euro) according to the monetary approach to exchange rates 1. a. b. c. d. The US money supply increases The EU money supply decreases The US national income increases. The EU national income decreases. How each of the following changes will affect the real exchange rate (the number of US baskets per EU basket...
1) Which of the following is NOT an argument about economic growth presented in this class?...
1) Which of the following is NOT an argument about economic growth presented in this class? Group of answer choices A) Economic growth is desirable B) Economic growth is not desirable C) Economic growth is necessary but is NOT desirable in any way D) Economic growth is not only desirable but also necessary E) All of the above are arguments presented in this class 2) One argument concerning economic growth made the following argument. Without economic growth, there would likely...
For each of the following
examples, state whether this activity would hinder or promote
economic growth and name the component of productivity that will be
affected.
is my answer correct?
For each of the following examples, state whether this activity would hinder or promote economic growth and name the component of productivity that will be affected. a. Not requiring students to attend school b. Granting patents on new inventions c. Building a solid infrastructure system d. Allowing local rivers and...
Select all that apply
2. Economic growth determinants Which of the following are true of labor as a determinant of economic growth? Check all that apply. 0 O An increase in capital goods decreases labor productivity. An increase in the size of the labor force increases real GDP. Technological advances increase labor productivity. Education, training, and experience increase labor productivity. O
Predict how each of the following economic changes will affect the equilibrium price and quantity in the financial market for home loans. Sketch a separate demand and supply diagram for each to support your answers 5) a. The number of people at the most common ages for home-buying increases. b. Because of a threat of a war, people become uncertain about their economic future. c. The overall level of saving in the economy diminishes d. Banks that have made home...
I need Number 3 answered and explained please.
Briefly explain using appropriate formulas: How each of the following changes will affect the exchange rate (dollars per euro) according to the monetary approach to exchange rates 1. a. b. c. d. The US money supply increases The EU money supply decreases The US national income increases. The EU national income decreases. How each of the following changes will affect the real exchange rate (the number of US baskets per EU basket...
Most questions answered within 3 hours.
-
Work of 1950 J is done by stirring a perfectly insulated beaker
containing 75 g of...
asked 28 minutes ago -
The neighborhood kids set up an outdoor lemonade stand in
Maryland in June. They find that...
asked 29 minutes ago -
9. A company has a beginning inventory of 4,000 units. The
company estimates it will sell...
asked 43 minutes ago -
A patient goes to the doctor's office with symptoms of a urinary
tract infection and provides...
asked 45 minutes ago -
When responding to the essay questions, be sure to cite any
material you obtained from a...
asked 45 minutes ago -
The energy of an electron in a 2.25-eV-deep potential well is
1.50 eV.At what distance into...
asked 47 minutes ago -
Q1:Which three evolutionary innovations are present in land
plants (but not all land plants) that allowed...
asked 50 minutes ago -
Lymphosarcoma is
extremely rare. Risk factors for the disease are largely unknown.
What kind of study...
asked 52 minutes ago -
The solubility of benzoic acid in water is:
0.29g/100mL at 20°C
6.8g/100mL at 100°C
a) What...
asked 53 minutes ago -
Which food law was passed in 1996 and changed how pesticide
residues on food were regulated...
asked 1 hour ago -
companies either hire outside programmers to
write_____ software or use their own internal developers.
asked 1 hour ago -
A magnetic dipole m(t) = m_0*cos(ωt) can be
described as current density j(r,t) = −cm(t) ×...
asked 1 hour ago