Everything is identical in the countries of Qumar and Rohan except that Qumar has a smaller quantity of capital than the Rohan. Both countries increase their capital by the same amount.Which country experiences the greater increase in production?O A. Qumar has the greater increase in production.B. Rohan has the greater increase in production.OC. The two countries experience similar increases in production.D. There is not enough information given to answer this question.Click to select your answer.MacBook A888F10F9F7F8F6F4F5escF2F3F1!#1234WERTYQtabFGАcaps lockBM00%24

Rohan has greater increase in production due to higher capital.

Everything is identical in the countries of Qumar and Rohan except that Qumar has a smaller quantity of capital than the Rohan. Both countries increase their capital by the same amount. Which country experiences the greater increase in production? O A. Qumar has the greater increase in production. O B. Rohan has the greater increase in production. O C. The two countries experience similar increases in production. O D. There is not enough information given to answer this question, Click to select your answer. 888 F4 esc & $4 2# ! 4 2

Everything is identical in the countries of Qumar and Rohan except that Qumar has a smaller quantity of capital than the Rohan. Both countries increase their capital by the same amount. Which country experiences the greater increase in production? O A. Qumar has the greater increase in production. O B. Rohan has the greater increase in production. O C. The two countries experience similar increases in production. O D. There is not enough information given to answer this question, Click to select your answer. 888 F4 esc & $4 2# ! 4 2

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Consider the table below containing data for two hypothetical nations, Alpha and Beta, for the years 1999 and 2019 1999 Country Alpha Beta Average labor productivity $42,770 $27,975 Output per person $14,114 Average labor productivity $39,773 $13,428 $44,765 a. Which of the following statements are true for nations Alpha and Beta: O Labor productivity decreased in both nations, O Living standards increased in both nations. 2019 O Labor productivity increased in both nations. O Living standards increased in Beta but not in Alpha. Output per person $20,661 $21,935
Company A can borrow yen at 15.5 percent and dollars at 14.5 percent. Company B can borrow yen at 16.3 percent and dollars at 14.767 percent. At what interest rates, do company A and B respectively have a comparative advantage? B has comparative advantage in both markets. OA: 15.5 percent, B: 14.767 percent A has a comparative advantage in both markets. A: 14.5 percent, B: 16.3 percent
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ROBOTS 60 40 30 20 10 0 22 0 50 BEER Assuming robots stands for capital and beer consumer goods, both countries start from the same production possibilities frontier, and the growth path of country 1 is from point (a) to (b) to (c), while country 2 goes from points (d) to (e) to (f) expanding their respective PPF curves, what can you conclude about these countries? O a) Country 1's preference for capital goods will allow it to surpass Country 2 in production of both capital and consumer goods. O b) This model assumes that Country 1 has the requisite infrastructure that allows the capital goods Country 1 produces to be productive, O c) Country 1 produces the right type of capital, that is productive in making goods society wants. O d) Country 1 does not squander the wealth created by its economic growth. O e) All of the above 10 20 30 40
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Select one or more: O a. If Country C's GDP per capita rises from $2,500 to 7,500, and Country D's GDP per capita rises from $6,000 to 18,000, the ratio of GDP per capita between the two countries is unchanged. O b. If a country's GDP doubles every 50 years on a ratio scale graph against time it will rise at an increasing rate. O c. Country B is growing a higher percentage rate than Country A, but Country A is 5 times richer than Country B. On a linear scale graph against time the gap between the two lines must be narrowing. O d. Country E is growing at the same percentage rate as Country F, but Country E is 3 times richer than Country F. On a log scale graph against time the gap between the two lines will be constant.