Productivity and standard of living are both higher when saving rate is higher. Is this statement...
Productivity and standard of living are both higher when saving rate is higher. Is this statement right or wrong? Why?
Homework Answers
Wrong
Explanation: Higher saving can lead to higher investment. However, higher investment does not necessarily lead to higher productivity.
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Productivity and standard of living are both higher when saving
rate is higher. Is this statement...
Question 3 A higher saving rate will lead to increased economic growth because: it coincides with...
Question 3 A higher saving rate will lead to increased economic growth because: it coincides with greater labour productivity. it means households are earning enough to consume high quality goods and services which give them a high standard of living. domestic saving will be used by the government for transfer payments. domestic saving is needed to fund domestic investment in new capital. domestic saving is used for future consumption.
a. 29. What effects does a higher rate of return have on saving? A higher rate...
a. 29. What effects does a higher rate of return have on saving? A higher rate of return has an income effect that discourages saving and a substitution ef- fect that encourages saving. b. A higher rate of return has an income effect that encourages saving and a substitution ef- fect that discourages saving. c. A higher rate of return has income and substitution effects that both decrease saving. d. A higher rate of return has income and substitution effects...
Question 2 Discuss how labour productivity and living standard are related.  
Question 2 Discuss how labour productivity and living standard are related. (6 marks) Examine how property rights affect a nation's standard of living. (6 marks) Suppose the government grants a tax concession on companies' investments in order to encourage private investment. Examine (with the aid of a diagram) the possible impact of a tax concession on the loanable funds market in an economy. (7 marks) Teenage unemployment is generally higher than unemployment for people ages 25 or over in many...
3. A country with a higher saving rate (s) will end up having A) a higher...
3. A country with a higher saving rate (s) will end up having A) a higher output per worker in the long run B) a lower output per worker in the long run C) the same output per worker of a country with a lower saving rate D) the saving rate does not affect the output per worker in the long run
What is productivity and how is it measured? When calculating productivity, do higher or lower results...
What is productivity and how is it measured? When calculating productivity, do higher or lower results indicate improvement?
Productivity is very important for both firms and nations to invest in their factors of production....
Productivity is very important for both firms and nations to invest in their factors of production. When there is an increase in productivity, firms will be able to increase their output. What is productivity? How does a country's standard of living relate to productivity? How do you think both firms and a nation can increase an investment in productivity? This assignment will require you to write an analysis with a minimum of 3-5 paragraphs. You will need to focus on...
A higher tax rate on interest income provides an incentive for private saving, but a higher...
A higher tax rate on interest income provides an incentive for private saving, but a higher interest rate provides a disincentive for private saving Select one: True False People would desire to borrow more if the nominal rate of interest is 6 percent with a corresponding inflation rate of 2 percent than if the nominal rate of interest is 5 percent with a corresponding inflation rate of 3 percent. Select one: True False Mutual funds are one type of financial...
01 1. Which of the following can be measured by the level of real GDP per person? a. Productivity and the standard o...
01 1. Which of the following can be measured by the level of real GDP per person? a. Productivity and the standard of living. b. Productivity but not the standard of living. c. The standard of living but not productivity. d. Neither the standard of living nor productivity. 2. Human capital is the a. knowledge and skills that workers acquire through education, training, and experience. b. stock of equipment and structures that is used to produce goods and services. c....
(1) Inflation or productivity (2) raising or lowering (3) lose or benefit (4) lower or higher...
(1) Inflation or productivity
(2) raising or lowering
(3) lose or benefit
(4) lower or higher
obhens ot Applications (ch o1) c Back to Assignment Attempts Averager /3 10, Problems and Applications 910 Suppose Americans decide to save more of their incomes, providing banks with more funds to lend to businesses for investment. This allovs for faster growth inY therebiythe overall standard of living Factory owners willfrom the change in productivity growth because they will receive True or False: Society...
How does "increases in per capita GDP automatically lead to a higher standard of living for...
How does "increases in per capita GDP automatically lead to a higher standard of living for U.S. citizens."?
a. 29. What effects does a higher rate of return have on saving? A higher rate of return has an income effect that discourages saving and a substitution ef- fect that encourages saving. b. A higher rate of return has an income effect that encourages saving and a substitution ef- fect that discourages saving. c. A higher rate of return has income and substitution effects that both decrease saving. d. A higher rate of return has income and substitution effects...
01 1. Which of the following can be measured by the level of real GDP per person? a. Productivity and the standard of living. b. Productivity but not the standard of living. c. The standard of living but not productivity. d. Neither the standard of living nor productivity. 2. Human capital is the a. knowledge and skills that workers acquire through education, training, and experience. b. stock of equipment and structures that is used to produce goods and services. c....
(1) Inflation or productivity
(2) raising or lowering
(3) lose or benefit
(4) lower or higher
obhens ot Applications (ch o1) c Back to Assignment Attempts Averager /3 10, Problems and Applications 910 Suppose Americans decide to save more of their incomes, providing banks with more funds to lend to businesses for investment. This allovs for faster growth inY therebiythe overall standard of living Factory owners willfrom the change in productivity growth because they will receive True or False: Society...
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