Suppose there is a simple hypothetical economy in which the only industry is cloud computing. In the cloud computing field, productivity-the amount of goods and services a worker can produce per hour-is measured by the number of lines of code one programmer authors per hour. In the following table, select the appropriate productivity determinant that concecente each axa
Suppose there is a simple hypothetical economy in which the only industry is cloud computing. In the cloud computing field, productivity-the amount of goods and services a worker can produce per hour-is measured by the number of lines of code one programmer authors per hour. In the following table, select the appropriate productivity determinant that concecente each axa
Chapter1: Making Economics Decisions
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Transcribed Image Text:Suppose there is a simple hypothetical economy in which the only industry is cloud computing. In the cloud computing field, productivity-the amount
of goods and services a worker can produce per hour-is measured by the number of lines of code one programmer authors per hour.
In the following table, select the appropriate productivity determinant that represents each example.
Natural Resources
per Worker
Examples
The rare earth metals that serve as inputs to
production of computers
A new data security process that makes the
Industry's network more secure
The additional education workers receive from
new computer science course offerings
The server hardware on which data is stored
Human Capital
per Worker
O
Physical Capital
per Worker
Technological
Knowledge
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