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Все вопросы
- In analyzing macroeconomic data during the past year, you have discovered that average labor productivity fell, but total output increased. What was most likely to have caused this? #51
- Between 1870 and 2010, among the United States, Germany, Japan, and Australia, grew at the fastest rate and grew at the slowest rate. #52
- The elasticity of output with respect to capital #53
- Suppose the current level of output is 5000. A 10% increase in productivity would increase the current level of output to #54
- 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 #55
- 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 #56
- 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 #57
- A system in which people trade goods they don't want to consume for goods they do want to consume is called #58
- A disadvantage of the barter system is that #59
- The use of money is more efficient than barter because the introduction of money #60