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Все вопросы
- Over the past year, productivity grew 1.8%, capital grew 2%, and labor grew 1%. If the elasticities of output with respect to capital and labor are 0.2 and 0.8, respectively, how much did output grow? #121
- Over the past year, output grew 4%, capital grew 2%, and labor grew 1%. If the elasticities of output with respect to capital and labor are 0.3 and 0.7, respectively, how much did productivity grow? #122
- The growth accounting equation is #123
- The equation, ΔY/Y = ΔA/A + aKΔK/K + aNΔN/N, is known as #124
- The most direct effect of an increase in the growth rate of average labor productivity would be an increase in #125
- If capital and labor each grow 5% in a year, the elasticities of output with respect to capital and labor sum to one, and productivity grows 2% in the year, by how much does output grow during the year? #126
- Total factor productivity growth is that part of economic growth due to #127
- A system in which people trade goods they don't want to consume for goods they do want to consume is called #128
- A disadvantage of the barter system is that #129
- The use of money is more efficient than barter because the introduction of money #130