hat a economy holds two factors of production, human capital managed by native-born workers and low skilled employees. If large migration of low skilled migrants occurs, how will the influence the aggregate GDP of the native population?

Q: If a country had a falling population or one with a zero growth rate is it expected that the country…

A: Non-farm payroll employment refers to the collective name for construction, goods, and US…

Q: Assume that a economy holds two factors of production, human capital managed by native-born workers…

A: Human-capital is actually the quality of the overall workforce. Quality is usually defined as the…

Q: Suppose that the production function for an economy is given by Y = F(K, L) = AK/B[2/3 %3D Where Y…

A: The production function depicts the relationship between input and the output.

Q: State some reason why the demographic trend and Human Development Index may affect the Gross…

A: Demographic trend is related to the population of the country. In the demographic trend, different…

Q: Describe some of the political and social tradeoffs that might occur when a less developed country…

A: In developed countries women are playing important role in economic growth by participating in…

Q: Explain how a technological advancement in one sector of the economy can lead to a change in the…

A: Answer - Technological advancement in one sector of the economy can lead to change in the number of…

Q: What is the effect of Filipinos continuing to work abroad?

A: Population economics is a study of the connection between demography and economic issues. It…

Q: In his 2020 State of the Nation Address (SoNA), president of South Africa humbly noted... "Even if…

A: Economics is a branch of social science that describes and analyzes the behaviors and decisions…

Q: What is the effect of urban migration on the economic development of a country?

A: Urban migration is the process of workers or laborers moving from rural areas to urban areas or…

Q: Based on your calculations, productivity from 2037 to 2038. in physical capital per worker from 2037…

A: Physical capital per worker measures the physical capital per unit of labor. Formula: Physical…

Q: Macroland's total GDP is $22 trillion, and the labor force is 200 million. The GDP production…

A: Wage refers to the enumeration that firms give its employees on a daily basis or monthly basis or…

Q: Would you expect the relative returns to primary education, on the one hand, and secondary and…

A: In an economy, it can be seen that primary education is mandatory for all people, while higher…

Q: Which type of migration involves the most people per year: international migration, interprovincial…

A: The act of changing the place of residence with a purpose of getting better work opportunities and…

Q: Q5. Suppose that country I initially has a higher marginal product of labor (MPL) than country II.…

A: 1) We are informed that country I has a higher marginal product of labour (MPL) than country II.The…

Q: Improvements in their productivity of labor will tend to

A: productivity of labor estimates the hourly result of a nation's economy. In particular, it outlines…

Q: Present an analysis that shows how an increase in labor productivity (perhaps from more investment…

A: Labor productivity shows how much output is produced in the economy in an hour. It incorporates the…

Q: Mention two factors which cause the rapid growth in population in South Africa

A: South Africa is a nation of 60 million people (estimated). It is very interesting to know that its…

Q: From 2009 to 2019, Country X recorded an annual economic growth rate of 5% and an annual labour…

A: Annul economic growth rate 5% and annual labour growth rate of 3% is indicting that economy's output…

Q: Suppose Nation B has 8,623 labor hours each year to produce burgers and fries. Burgers take 13 hours…

A: To calculate the maximum number of a good that can be produced given the resources, the amount of…

Q: A new fertilizer formula improves crop yields. What would be the impact on the country's production…

A: In a market, production function is the mathematical expression of the relationship between input…

Q: Describe what is meant by The Demographic Transition?

A: The economies around the globe operate with the help of various entities, such as individuals,…

Q: Why do Urban populations are capital accumulating whereas rural populations are capital consuming?

A: There are business cycles which have to be known by the business groups all around the world.…

Q: Is capital a man - made productive resources

A: When talking about economic activities, production is the primary activity that needs various…

Q: During the course of the twentieth century, the average workweek in the United States has gotten…

A: The total monetary or market value of all finished goods and services produced within a country's…

Q: Perfect labor mobility would tend to equalize real wage rates in participating countries. In…

A: Suppose there are two countries say US and India. Assuming that US is capital abundant and India is…

Q: Calculate the growth rate in real GDP for 2012. (using 1 decimal place • Calculate the growth rate…

A: Nominal GDP is the total value of goods produced at a particular time period while real GDP is the…