Other things equal, a low saving rate ultimately tends to cause Oa relatively little new purchasing of real capital by firms Ob relatively few start ups of new busanesses Oc neither relatively little new purchasing of real capital by firms nor relatively few start-ups of new businesses Od. both relatively little new purchasing of real capital by firms and relatively few start ups of new businesses

Other things equal, a low saving rate ultimately tends to cause Oa relatively little new purchasing of real capital by firms Ob relatively few start ups of new busanesses Oc neither relatively little new purchasing of real capital by firms nor relatively few start-ups of new businesses Od. both relatively little new purchasing of real capital by firms and relatively few start ups of new businesses

Principles of Economics 2e

2nd Edition

ISBN:9781947172364

Author:Steven A. Greenlaw; David Shapiro

Publisher:Steven A. Greenlaw; David Shapiro

Chapter20: Economic Growth

Section: Chapter Questions

Problem 12SCQ: Why dues productivity growth in high-income economies not slow down as it runs into diminishing...

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Assume an economy where there are two producers: a wheat producer and a bread producer. In agiven year, the wheat producer grows 3 million tonnes of wheat, of which 2.5 million tonnes aresold to the bread producer at $30 per bushel, and 0.5 million tonnes are stored by the wheatproducer to use as seed for next years crop. The bread producer produces and sells 100 millionloaves of bread to consumers for $3.50 per loaf. Determine GDP in this economy during this yearusing the product and expenditure approaches.
Weak sustainability requires the maintenance of O specific components of natural capital O natural capital O the total capital stock O physical capital O human capital
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Based on the information presented below, what is the equation representing the saving for this economy? GDP (Y) $0 100 200 300 Cunsumption (C) $60 120 180 240 Oa. S = -60 + 0.6Y O b. S = 60+ 0.4Y O c. S = -40 +0.75Y O d. S= -60+ 0.4Y Saving (S) S-60 -20 20 60 Investment (1) $100 100 100 100
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9. Real GDP per hour worked, Y/L $40 ic B 60 Production function, Production function, function in the figure above by a movement - Production function, Capital per hour worked, K/L Diminishing marginal returns is illustrated in the per-worker production a. up along any of the production functions. b. from Production function 1 to Production function 2. c. from Production function 1 to Production function 3. d. from Production function 2 to Production function 1. e. from Production function 3 to Production function 1.
a. Economists referring to investment mean the: O purchase of financial assets within an economy. O purchase of financial and physical assets within an economy. O formation of new productive capital within an economy. O development of new technologies to increase productivity. O b. Investment is used to buy: O goods and services that will enhance productivity and increase output. O services, but not goods, that will enhance productivity and increase output. O goods, but not services, that will enhance productivity and increase output. c. Determine whether the following transactions are included in gross investment. i. New residential hòusing: Included in gross investment ii. Changes in inventories: Included in gross investment O iii. Changes in depreciation: Included in gross investment iv. Purchase new shares of a company: Included in gross investment x v. Firms purchasing new capital: | Included in grøss investment arch
QUESTION 4 Which of the following is a capital resource? O A. A computer B. Silicon (sand) used to make C.A piece of software used by a firm D.A corporate bond issued by a computer programmer computer chips manufacturer
Would you expect capital deepening to result in diminished1etmns? Why or why not? Would you expect improvements in technology to result in diminished returns? Why or why not?
Figure 11-4 Real GDP per hour worked, Y/L $17,000 16,400 16,000 15,000 $50,000 B E 60,000 70,000 Production function3 Production function2 Production function Capital per hour worked, K/L 16) Refer to Figure 11-4. The movement from E to B to D in the figure above illustrates A) an improvement in technology. B) a decline in capital per worker. C) diminishing returns to capital. D) diminishing returns to labor.
[MUST SHOW WORK] Tina decides to open her own salon. She uses her savings of $20,000 to invest in her business that was earning an interest rate of 2% per annum. She also gets a business loan of $50,000 from her bank at the interest rate of 10% per annum. What is the implicit cost of financing Tina's business? Select one: O A. $400 B. $800 O C. $70,000 O D. $20,000 O E. $5,000
E3. It is where cities continuously grows, resources become scarce and people tend to seek new land for them to plant cops and other resources for their survival? O a. financial age O b. start-up age O c. explorer's age O d. information's age