1- Productivity is defined as: workers employed per hour. output sold per hour. output produced per...
1- Productivity is defined as:
-
workers employed per hour.
-
output sold per hour.
-
output produced per worker.
-
workers per unit of output.
2- A policy of attracting Foreign Direct Investment is always an effective approach to promoting economic growth.
TRUE - FALSE
Homework Answers
1. Productivity in simple terms can be said as the output generated by the given inputs .
where the output can be the production that is done by the suppliers and input can be like labour, capital ,workers etc .
So the acid to here is option C.
2. TRUE.
FDI that is foreign direct investment main goal is to to invest in the foreign market by a home country and it benefits the foreign country in terms of Technology ,employment, labor
It all these are generated then it will automatically boost the economic growth and condition of the economy.
For example many United States top company like Google, Apple invest in India
Add Answer to:
1- Productivity is defined as:
workers employed per hour.
output sold per hour.
output produced per...
Question 16 Labor productivity is ________. A. the quantity of output produced in one hour by...
Question 16 Labor productivity is ________. A. the quantity of output produced in one hour by several workers B. the quantity of capital one worker can produce in one day C. the quantity of output produced by one worker or by one hour of work D. the quantity of output produced in one hour by one machine BAM223 - PRINCIPLES OF ECONOMICS
Hint: Recall that productivity is defined as the amount of goods and services a worker can...
Hint: Recall that productivity is defined as the amount of goods and services a worker can produce per hour. In this problem, measure productivity as the quantity of goods per hour of labor. Labor Productivity (Garments per hour of labor) Year 2029 2030 Physical Capital (Looms) 300 480 Labor Force Physical Capital per Worker Labor Hours (Workers) (Looms) (Hours) 1003 4,000 4,200 Output (Garments) 36,000 50,400 480 120 12 in physical capital per worker from 2029 to 2030 is associated...
Labor productivity is the value of the production or output per worker. the production or output...
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Complete the table by calculating physical capital per worker as well as labour productivity. Hint: Recall...
Complete the table by calculating physical capital per worker as well as labour productivity. Hint: Recall that productivity is defined as the amount of goods and services a worker can produce per hour. In this problem, measure productivity as the quantity of goods per hour of labour. Year Physical Capital Labour Force Physical Capital per Worker Labour Hours Output Labour Productivity (Fishing poles) (Workers) (Fishing poles) (Hours) (Fish) (Fish per hour of labour) 2010 300 100 4,000 36,000 2011 480...
3. Productivity and growth policies Consider a small island country whose only industry is fishing. The...
3. Productivity and growth policies Consider a small island country whose only industry is fishing. The following table shows information about the small economy in two different years. Complete the table by calculating physical capital per worker as well as labor productivity. Hint: Recall that productivity is defined as the amount of goods and services a worker can produce per hour. In this problem, measure productivity as the quantity of goods per hour of labor. Physical Capital Labor Force Physical...
3. Productivity and growth policies Consider a small island country whose only Industry is fishing. The...
3. Productivity and growth policies Consider a small island country whose only Industry is fishing. The following table shows information about the small economy in two different years. Complete the table by calculating physical capital per worker as well as labor productivity. Hint: Recall that productivity is defined as the amount of goods and services a worker can produce per hour. In this problem, measure productivity as the quantity of goods per hour of labor. Labor Force (Workers) Physical Capital...
3. Productivity and growth policies Consider a small island country whose only industry is fishing. The...
3. Productivity and growth policies Consider a small island country whose only industry is fishing. The following table shows information about Complete the table by calculating physical capital per worker as well as labor productivity Hint: Recall that productivity is defined as the amount of goods and services a worker can produce per hour. In this problem, measure productivity as the quantity of goods per hour of labor. Physical Capital Labor Force Physical Capital per Worker (Fishing poles) Labor Hours...
3. Productivity and growth policies Consider a small Island country whose only Industry is fishing. The...
3. Productivity and growth policies Consider a small Island country whose only Industry is fishing. The following table shows Information about the small economy in two different years Complete the table by calculating physical capital per worker as well as labor productivity. Hint: Recall that productivity is defined as the amount of goods and services a worker can produce per hour. In this problem, measure productivity as the quantity of goods per hour of labor. Physical Capital (Fishing poles) 120...
3. Productivity and growth policies Consider a small island country whose only industry is fishing. The...
3. Productivity and growth policies Consider a small island country whose only industry is fishing. The following table shows information about the small economy in two different years. Complete the table by calculating physical capital per worker as well as labor productivity. Hint: Recall that productivity is defined as the amount of goods and services a worker can produce per hour. In this problem, measure productivity as the quantity of goods per hour of labor. Physical Capital per Worker (Fishing...
1) Which of the following is an example of a measure of labor productivity
1) Which of the following is an example of a measure of labor productivity?a. Autos get 30 gallons to the mile.b. The growth rate of per capita real GDP is 3.5 percent per year.c. Farm workers produce 30 bushels of wheat per worker per day.d. Wages increase by 3.5 percent per year for 5 years.2) Labor productivity increases whena. the unemployment rate decreases.b. the average output produced per worker during a specified time period decreases.c. the average number of hours...
Hint: Recall that productivity is defined as the amount of goods and services a worker can produce per hour. In this problem, measure productivity as the quantity of goods per hour of labor. Labor Productivity (Garments per hour of labor) Year 2029 2030 Physical Capital (Looms) 300 480 Labor Force Physical Capital per Worker Labor Hours (Workers) (Looms) (Hours) 1003 4,000 4,200 Output (Garments) 36,000 50,400 480 120 12 in physical capital per worker from 2029 to 2030 is associated...
3. Productivity and growth policies Consider a small island country whose only industry is fishing. The following table shows information about the small economy in two different years. Complete the table by calculating physical capital per worker as well as labor productivity. Hint: Recall that productivity is defined as the amount of goods and services a worker can produce per hour. In this problem, measure productivity as the quantity of goods per hour of labor. Physical Capital Labor Force Physical...
3. Productivity and growth policies Consider a small island country whose only Industry is fishing. The following table shows information about the small economy in two different years. Complete the table by calculating physical capital per worker as well as labor productivity. Hint: Recall that productivity is defined as the amount of goods and services a worker can produce per hour. In this problem, measure productivity as the quantity of goods per hour of labor. Labor Force (Workers) Physical Capital...
3. Productivity and growth policies Consider a small island country whose only industry is fishing. The following table shows information about Complete the table by calculating physical capital per worker as well as labor productivity Hint: Recall that productivity is defined as the amount of goods and services a worker can produce per hour. In this problem, measure productivity as the quantity of goods per hour of labor. Physical Capital Labor Force Physical Capital per Worker (Fishing poles) Labor Hours...
3. Productivity and growth policies Consider a small Island country whose only Industry is fishing. The following table shows Information about the small economy in two different years Complete the table by calculating physical capital per worker as well as labor productivity. Hint: Recall that productivity is defined as the amount of goods and services a worker can produce per hour. In this problem, measure productivity as the quantity of goods per hour of labor. Physical Capital (Fishing poles) 120...
3. Productivity and growth policies Consider a small island country whose only industry is fishing. The following table shows information about the small economy in two different years. Complete the table by calculating physical capital per worker as well as labor productivity. Hint: Recall that productivity is defined as the amount of goods and services a worker can produce per hour. In this problem, measure productivity as the quantity of goods per hour of labor. Physical Capital per Worker (Fishing...
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