Better technology means that more output in the U.S. economy can be produced Multiple Choice with...
Better technology means that more output in the U.S. economy can be produced
Multiple Choice
-
with the same amount of energy input.
-
but it will lead to a fall in the standard of living.
-
with a greater amount of energy input.
-
but it will lead to a rise in population growth.
Homework Answers
Better technology means that more output in the U.S economy can be produced with the same amount of energy inpupt. Or in other words, same output can be produced with less amount of energy input, that is output can be produced efficiently . Hence, option(A) is correct.
Add Answer to:
Better technology
means that more output in the U.S. economy can be produced
Multiple Choice
with...
Policies that make it more difficult to fire an employee likely lead to: Multiple Choice 0...
Policies that make it more difficult to fire an employee likely lead to: Multiple Choice 0 less unemployment, because everyone will value their job more. 0 greater unemployment, because employees will quit more often. 0 less unemployment, because employers will not be able to fire as many people. 0 greater unemployment, because employers will be more hesitant to hire someone. Growth accounting is seen a useful way to estimate this inputs contribution to growth: Multiple Choice labor. land. technology physical...
According to the Moore's law: Multiple Choice the demand for microprocessor technology falls in half every...
According to the Moore's law: Multiple Choice the demand for microprocessor technology falls in half every 18 months. the demand for microprocessors continues to rise, while their supply falls. the price of microprocessors continues to fall, while their cost of production increases. the cost of production of microprocessors continues to fall, while their power increases. the cost of microprocessors will increase as their power increases. Which of the following statements is true about the changing demographics of the global economy?...
Why would we see the prices on U.S. government bonds suddenly rise? Multiple Choice Bond prices...
Why would we see the prices on U.S. government bonds suddenly rise? Multiple Choice Bond prices can't rise or fall they are stable. If we had a sudden explosion of good economic news like lower unemployment, a booming stock market that returned average rates of return of 15 percent, or the signing of new peace treaties (i.e. Israel & Iran), then we would see bonds prices rise on U.S. government bonds. They would rise if there was suddenly lots of...
1.) When there is a standard batch size for production activity: Multiple Choice: (A) A modification...
1.) When there is a standard batch size for production activity: Multiple Choice: (A) A modification of the traditional approach to constructing the flexible budget for control purposes allows for a more detailed analysis of batch-related overhead costs. (B) It is not possible to construct a flexible budget for cost-control purposes. (C.) Standard cost variances for only the variable portion of batch-related manufacturing overhead costs can be calculated. (D) The variable portion of the total flexible-budget variance for batch-related costs...
An economy produces with the production technology Y = F(K, EL) = K^1/3 (EL)^2/3, where E...
An economy produces with the production technology Y = F(K, EL) = K^1/3 (EL)^2/3, where E is a labor-augmenting technology. Population grows at 2% per year and E grows at 3% per year. The depreciation rate is 5% and the saving rate is 40%. The economy is in steady state. a. What is the growth rate of each of the following: K/EL, Y/EL, EL, Y, Y/L, K/Y, C b. At what rate do wages and the capital rental rate grow?...
I. Multiple Choice: Choose the alternative that best completes the statement or answers the question. 1....
I. Multiple Choice: Choose the alternative that best completes the statement or answers the question. 1. Production possibilities frontiers are typically concave (bowed out) from the origin because of the law of supply b. a. there is usually a one-for-one trade-off in resources used in production economies of scale enable firms to reduce the average costs of production as output rises d. c. the opportunity cost of a good rises as the quantity of the good produced increases e. resources...
dropdowns 1st - downward or upward 2nd - more or less 3rd - increase or decrease...
dropdowns
1st - downward or upward
2nd - more or less
3rd - increase or decrease
4th - fall or rise
5th - bid up or not affect or reduce
For simplicity, assume that the supply of labor is not affected by real wages and is therefore a vertical line. An increase in capital shifts the production function because V output can be produced from the same amount of labor. V their demand for labor because the marginal benefit from...
OM in the News: The Productivity Challenge AUGUST 12, 2016 by Barry Render tags: Productivity, U.S....
OM in the News: The Productivity Challenge AUGUST 12, 2016 by Barry Render tags: Productivity, U.S. economy Plunging Productivity Gains in US worker productivity have slowed dramatically since the early 2000s, a trend that could restrain the economy's future growth Labor productivity (output per hour) Percentage change from previous quarter at annual rate 5-year moving average What better way to start the fall semester but with a discussion of the importance of productivity (see Chapter 1, pages 13-18). There we...
HOMEWORK A2a – Required Chapter ‘Tracking the U.S. Economy’ Q2. Defi
HOMEWORK A2a – Required Chapter ‘Tracking the U.S. Economy’ Q2. Define gross domestic product. Determine whether each of the following would be included in the 2007 U.S. gross domestic product: Profits earned by Ford Motor Company in 2007 on automobile production in Ireland. Automobile parts manufactured in the United States in 2007 but not used until 2008. Social Security benefits paid by the U.S. government in 2007. Ground beef purchased and used by McDonald’s in 2007. Ground beef purchased and...
Question 16(Multiple Choice Worth 1 points) In an economy with a horizontal aggregate supply curve, a...
Question 16(Multiple Choice Worth 1 points) In an economy with a horizontal aggregate supply curve, a decrease in taxes will affect price level and employment in which of the following ways? Price Level / Employment Decrease / Increase Increase / Increase Increase / Decrease Increase / No Change No Change / Decrease No Change / Increase Question 17(Multiple Choice Worth 1 points) If personal income taxes are increased, we can expect that the short-run Phillips curve will shift left. the...
Policies that make it more difficult to fire an employee likely lead to: Multiple Choice 0 less unemployment, because everyone will value their job more. 0 greater unemployment, because employees will quit more often. 0 less unemployment, because employers will not be able to fire as many people. 0 greater unemployment, because employers will be more hesitant to hire someone. Growth accounting is seen a useful way to estimate this inputs contribution to growth: Multiple Choice labor. land. technology physical...
Why would we see the prices on U.S. government bonds suddenly rise? Multiple Choice Bond prices can't rise or fall they are stable. If we had a sudden explosion of good economic news like lower unemployment, a booming stock market that returned average rates of return of 15 percent, or the signing of new peace treaties (i.e. Israel & Iran), then we would see bonds prices rise on U.S. government bonds. They would rise if there was suddenly lots of...
I. Multiple Choice: Choose the alternative that best completes the statement or answers the question. 1. Production possibilities frontiers are typically concave (bowed out) from the origin because of the law of supply b. a. there is usually a one-for-one trade-off in resources used in production economies of scale enable firms to reduce the average costs of production as output rises d. c. the opportunity cost of a good rises as the quantity of the good produced increases e. resources...
dropdowns
1st - downward or upward
2nd - more or less
3rd - increase or decrease
4th - fall or rise
5th - bid up or not affect or reduce
For simplicity, assume that the supply of labor is not affected by real wages and is therefore a vertical line. An increase in capital shifts the production function because V output can be produced from the same amount of labor. V their demand for labor because the marginal benefit from...
OM in the News: The Productivity Challenge AUGUST 12, 2016 by Barry Render tags: Productivity, U.S. economy Plunging Productivity Gains in US worker productivity have slowed dramatically since the early 2000s, a trend that could restrain the economy's future growth Labor productivity (output per hour) Percentage change from previous quarter at annual rate 5-year moving average What better way to start the fall semester but with a discussion of the importance of productivity (see Chapter 1, pages 13-18). There we...
Most questions answered within 3 hours.
-
Bus lines can be separated into two generic types, dedicated and
multiplexed.
i. What is the...
asked 26 minutes ago -
This is 'Branding' course which is part of marketing.
1. As a brand manager of Nudie...
asked 47 minutes ago -
You are considering the purchase of a new stock. The stock is
forecasted to pay a...
asked 1 hour ago -
vector a has componets Ax and Ay, and makes an angle theta with
the y-axis. Select...
asked 2 hours ago -
What were the problems of the american frontier after 1763 and how
did the British address...
asked 2 hours ago -
Why
isn’t pentanol (CH3 CH2 CH2 CH2 CH2 OH) very soluble in
water?
asked 3 hours ago -
In preparing its bank reconciliation for the month of April
2018, Haskins, Inc. has available the...
asked 4 hours ago -
Your job is to do the following: build a Monster class as your
base class, along...
asked 4 hours ago -
Phosgene (COCl2) reacts with ammonia
(NH3), as shown in this reaction. If 1.2 grams of
COCl2...
asked 4 hours ago -
Wefald Company sold bonds with a face value of $675,000 for
$625,000. The bonds have a...
asked 5 hours ago -
Research predefined java packages. Select 2 packages and
describe what they provide. Explain briefly what type...
asked 5 hours ago -
A fair 9-sided die is tossed. Find P(4
or at least 5). That is, find the...
asked 5 hours ago