📚
Все вопросы
- The elasticity of output with respect to capital #351
- Suppose the current level of output is 5000. A 10% increase in productivity would increase the current level of output to #352
- Suppose the current level of output is 5000 and the elasticity of output with respect to capital is 0.4. A 10% increase in capital would increase the current level of output to #353
- Suppose the current level of output is 5000 and the elasticity of output with respect to labor is 0.7. A 10% increase in labor would increase the current level of output to #354
- Suppose the current level of output is 5000. If the elasticities of output with respect to capital and labor are 0.3 and 0.7, respectively, a 10% increase in capital combined with a 5% increase in labor and a 5% increase in productivity would increase the current level of output to #355
- A system in which people trade goods they don't want to consume for goods they do want to consume is called #356
- A disadvantage of the barter system is that #357
- The use of money is more efficient than barter because the introduction of money #358
- In economics, money refers to #359
- The following are all functions of money except #360