Cañital stick for a country is $1600 billuon at the beginning ofthe year. Gross investment year is 20 billion and depreciation is30 billion capital stock st the end og the year is

The objective of the question is to calculate the capital stock at the end of the year. The capital…

Answered: Cañital stick for a country is $1600…

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Pease note quesition 1 is answered it is only attached for you to see it as it contains relevant informaition. Please answer quesition 2! Suppose that work hours in New Zombie are 200 in year 1 and productivity is $8 per hour worked. What is New Zombie’s real GDP? If work hours increase to 210 in year 2 and productivity rises to $10 per hour, what is New Zombie’s rate of economic growth? Explain why sustained long-term economic growth comes from increases in labor productivity. Why do you think the trend rate of U.S. productivity growth has increased since the earlier 1973–1995 period? The GDP of year 1 is $1,600. The GDP of year two is $2,100. The rate of economic growth is 31.25% Monetary development must be supported just when endogenous elements experience an expansion in their efficiency. Work efficiency is dictated by the gathering of human capital in an economy. The more prominent the interest in human capital arrangement, the higher is the information arrangement and…
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nciples of Macroeconomics Spring20 fall20 stion 16 Activities that encourage faster growth are yet wered Select one: ked out of a. taxes on saving that serve to encourage more spending and less saving. O b. high levels of consumption and low levels of savings. Flag question O c. developing trade barriers to protect national industries. O d. investment in new capital and human capital. evious page
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Alien Advisor Right! We decrease taxes to stimulate spending and increase GDP. Of course, we'll use the same MPC as before: 0.60. To increase GDP by $800, how much should we decrease taxes? Enter a response then click Submit below Submit
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Cañital stick for a country is $1600 billuon at the beginning of the year. Gross investment year is 20 billion and depreciation is 30 billion capital stock st the end og the year is