Suppose Americans decide to save more of theirincomes. If banks lend this extra saving to businessesthat use the funds to build new factories, how mightthis lead to faster growth in productivity? Who doyou suppose benefits from the higher productivity? Issociety getting a free lunch?

Q: The catch up effect means that countries that start off rich tend to grow more rapidly than…

A: Catch up effect states that a poor country that has low initial growth rate but higher productivity…

Q: What were the sources of labor productivity growth in the U.S. economy during the sixty years since…

A: 1) During the sixty years since 1960, the sources of labor productivity growth in the U.S economy…

Q: Sarah needs to illustrate the progress of different aspects of a project over time. She should use O…

A: Answer-

Q: Some resource-rich countries have succeeded in converting resource wealth into longterm and…

A: Equitable economic growth refers to an economic development that is inclusive and benefits all…

Q: Which of the following is not included in macro environment? a. Competitors b. Economnic O b. C.…

A: Macro settings are sometimes outside the retailer's control, and they are usually on a broader…

Q: Suppose you are interested in the hypothesis that internet access is a significant contributor to…

A: Gross Domestic Product (GDP) is a monetary measure that represents the total value of all goods and…

Q: Find- A) if the base year in the year 2012 , the real gdp for 2020 equals $ ______and the real GDP…

A: Here we calculate the real GDP of the following years and the annual growth rate by using given…

Q: Question:As interest rate decreases, what happens to the quantity of loanable funds demanded? a.…

A: “Since you have posted multiple questions, we will provide the solution only to the first question…

Q: Which of the following movements on a Production Possibilities Graph would represent economic growth…

A: PPC is Production Possibilities Curve. It represents production of two goods given the resources and…

Q: 20. Why was the construction of the Panama Canal so important to the economy of neighboring…

A: Panama Canal : It is the canal that was established to provide benefits within the economy and also…

Q: Production posilnies Puza (per hour) Soda (cases per hour) Possibility 100 00 60 35 in the above…

A: Defination: A production possibility frontier/bend is the locus of all blends of the amounts of two…

Q: Leroy is considering setting up a large IT business to produce website for companies in Jamaica. He…

A: Economies of scales is referred as the benefit the producers achieve in terms of cost of production…

Q: Student explain lmportance of Port tothe Economy

A: Ports are vital hubs that facilitate the movement of goods and people globally, providing a…

Q: The demographic transition refers to: a.  The increase in fertility rates and the number of…

A: Fertility rates are an importan population measure that determines the number of children that women…

Q: Early during the COVID-19 pandemic, the government used multiple stimulus packages to increase…

A:

Q: Pls help with below homework. What is the reason that Fuyao invested in the United States for…

A: Fuyao is a Chinese company that prefers to invest in US manufacturing instead in the Chinese market.…

Q: What is macro-economics and is it important in the economy of a country?

A: Macro economics is the study of economy as a whole. It takes into consideration the entire economy…

Q: What is the relationship between economic prosperity and democracy? O The probability that a new…

A: The question is asking about the relationship between economic prosperity and democracy. It mentions…

Q: What are the three main goals of macroeconomics?

A: Macroeconomics The study of how the market, the economy as a whole, and other systems function on a…

Q: e effects of rent controls in San Francisco w to regulate industrial pollution w the Fed can…

A: Macroeconomics alludes to the investigation of an economy - normally a country's economy - overall.

Q: 01

A: There are three stages of production,and they are important for businesses to understand and analyze…

Q: production possibilities curve with consumption goods and capital goods that displays the law of…

A: introduction.

Q: 1 Qatar is a developed country with a high standard of living, Qatar is classified by the UN as a…

A: (a) Immigration refers to the shifting of people from other country to domestic country for the…

Q: E 4 B 3.9 Relative Rate of Cha X + v A https://bconline.broward.edu/d2l/le/content/408160/vi Knewton…

A: The demand function is given as D(p)=100-24P.So that, D’(p)=-24

Q: What does the PPI measure?

A: The PPI is the producer price index which is the measure of the average prices that are received by…

Q: An economy producese rwe goods, clothing and petretecer Which of the following would exptain a pivot…

A: Ans in step 2

Q: What is the best way to measure the rate of economics growth? O a. By the annual percentage change…

A: Economic growth is the gradual rise in a country's output of goods and services over time. Inflation…

Q: , capital, natural resources, Look at the image below and give desrciption of your understanding of…

A: In the given diagram, there are two economic agents in the economy: Household: Owner of factors of…

Q: What is global economy? What are its 4 characteristics?

A: The world economy, also known as the global economy, refers to the global economic system, which…

Q: QUESTION Suppose that x is growing at 5 percent a year, y is growing at 10 percent a year, and z is…

A: Growth rate of a variable (Gv) conveys the rate at which a variable such as GDP and unemployment is…

Q: A country faces diminishing marginal returns when increasing it's capital stock. If this country…

A: Diminishing marginal returns is defined as the decrease in production with the addition of more and…

Q: All societies need to decide (1) What to produce, (2) How to produce it, and (3) How to distribute…

A: All types of economies face the central problems. The central problems of economies are what to…

Q: Which of the following statements about the opportunity cost of economic growth is correct? The…

A: The opportunity cost of economic growth is the consumption that's being given up today to have more…

Q: What is the importance of stages of production?

A: There are 3 stages to the production process which are as follows: 1. "Output increases at an…

Q: Which of the below statement is a micro-economics concept? A. The South African GDP grew by 0.6%…

A: Microeconomics refers to the study of what is likely to happen (tendencies) when individuals make…

Q: How might the economy in the United States change as it moves closer to a technology-driven service…

A: The technological innovation has made all the developed economies like the United States more…

Q: Which of the following factors would economists consider "key" to economic development? Select one:…

A: Economic development is different for different nations, it could be defined as an increase in…

Q: Which of the following will improve with the increase in productivity? O a. Prices O b. None of…

A: As the productivity increases, the standard of living of the people in the economy also increases.

Q: After World War II, Germany was the only participating country left with its infrastructure intact…

A: The World War II had a significant impact on various participating countries as it resulted in a…

Q: The BRICS initially had high economic growth rates and increasing values of exports and imports. In…

A: The BRICS countries bloc is a grouping of six emerging nations with immense development…

Q: Point D in Figure 1.3 represents: a. an inefficient use of resources. Ob. full employment. c. a…

A: A production possibility curve shows combination of two goods that can be produced by using…

Q: What is the importance of stages of production?

A: In economics, production is defined as a process in which various inputs and materials are combined…