Which of the following items of expenditure are "collective" and which are "indivitual"? Primary education; medical research; reimbursement of medicines; police and fire brigades;operating costs of pension funds; cost of free concerts in municipal parks; expenses of troops serving with united nations forces

Q: Urban economic perspective of Konza (Kenya).

A: With a clear intention to contribute to the growth of Kenya, this city of Konza is a project that is…

Q: Starfruit, papaya, jackfruit, durian, sweetcorn, mangosteen, pineapple, Banana, Rambutan, Watermelon…

A: The self-sufficiency ratio refers to the ratio at which the economy can produce a self-sufficient…

Q: ong run is a period defined as:     A period with at least one factor of production that cannot be…

A: In economics, the terms "long-run" and "short-run" refer to different time periods that are used to…

Q: The Central African Republic has a GDP of $234,000 million and a population of 4.862 million.…

A: Real GDP per capita is calculated by. dividing GDP at constant prices by the population of a country…

Q: In the economic sense, capital does not include: Response option group a) Buildings. b) Machines. c)…

A: Goods that are used in the production of final goods, goods which stimulate production of final…

Q: Technology and advances in technology: a) is a man-made asset used to produce final goods and…

A: a) is a man-made asset used to produce final goods and services.Technology refers to the application…

Q: Factor Cigars ​(100 boxes) Soybeans ​(100 bushels) Acres of land​ (T) TC​= 0.2 TS​= 0.8 Hours of…

A: The land-labor ratio is also known as the capital-labor ratio which is used to estimate the relative…

Q: In as much detail as possible, explain the Circular Flow Diagram for a Four (4) sector economy…

A: The circular flow diagram of a country is defined as the movement of commodities including services…

Q: The term human capital refers to (A) The machinery used per worker (B) The effective amount of labor…

A: here we answer the given as follow;

Q: Association of Southeast Asian Nations (ASEAN) was founded when, geographic location, and purpose…

A: The ASEAN or the Association of Southeast Asian Nations is an economic union in Southeast Asia, with…

Q: The following transactions took place in Ecoland in 2019: Trillions of 2015 dollars Government…

A: As per the policy , I can solve the first three subparts for you. Part a) GDP in 2015 = C + I + G +…

Q: Microfinance gives small loans at a low rate of interest specifically to lower middle income groups…

A: Microfinance: Microfinance is related to microcredit that is provided to the individuals in the…

Q: Importance of secondary sector in south Africa

A: Secondary sector: The secondary sector of the economy or country represents its manufacturing and…

Q: Which one is considered a discouraged worker?       A person stopped looking for a job but would…

A: A person is said to be unemployed when he lies under the working-age population and wants to earn…

Q: Richland's real GDP per person is $10,000 and Poorland's real GDP per person is $5,000. However…

A: Real GDP of Richland = $10000 Interest rate for Richland = 1% Real GDP of Poorland = $5000 Interest…

Q: People in which of the following categories are a subset of a marginally attached ? (a) discouraged…

A: The unemployment means the person who are not able to get the job at the existing wage…

Q: n the short term and with almost full employment, it is most realistic to increase GDP / per capita…

A: The original definition of full employment is a situation in which everybody wanting to work for the…

Q: Surma is a dentist who works at East West Dentist and she plays guitar in her free time. Suppose the…

A: There is positive relationship between wage rate and labour hour but at some point this relationship…

Q: The improvement in output per worker due to adopting new technology could be shown as (Select one…

A: We have given the graph Here output per worker is a function of capital per worker.  An improvement…

Q: 1) Suppose y = Ak1/3, the capital-labor ratio is $30,000 per worker, the level of total factor…

A: Per worker production function: y = Ak1/3where y is output per worker; A is level of total factor…

Q: Which of the following concepts best describe ‘social capital’?  (a)  Skills and qualifications.…

A: 'Social capital' refers to shared values, ideas, information and opportunities, along with trust in…

Q: Long-run growth occurs when an economy: (a) makes use of existing but underutilized productive…

A: Long-run growth refers to an increase in production capacity over a period of time.  Long-run growth…

Q: Explain what factors can motivate innovation? Provide your policy recommendations on what a…

A: Innovation is associated with the entrepreneurship. The innovation means introduction new products…

Q: on but leaves to make more money in an industrialized nation , it is referred to as   Select one :…

A: LDC refers to Least Developed Country. It is a designation given by the United Nations to identify…

Q: The term that describes the consisting of workers with a common set of skills who are joined…

A: In a marketplace, workers enter to get work according to their skills and qualification to earn…

Q: Derive the per-worker production function for this economy if Y=zK2/3N1/3.

A: Production function shows relationship between inputs and output produced with the inputs

Q: The aggregate production function of capital states that output is determined by:

A: We are given a graph of production function, here output is a function of available capital stock.…

Q: 22. Define the following: Per capita Income Monetary Policy World Bank International Monetary…

A: Since we only answer up to 3 sub-parts, we’ll answer the first 3. Please resubmit the question and…

Q: Which of the following is an example of a physical capital investment for a manufacturing company? A…

A: The allocation of resources for the purchase or enhancement of long-term, tangible assets utilized…

Q: Why agrarian reform and land reform are important to Filipino farmers

A: In the Philippines, agrarian reform is a challenging process. Despite its strategic importance, it…

Q: The productivity of labor is defined as the    number of hours a worker spends at work.…

A: Productivity of labor or labor productivity shows the output produced per hour.  The higher…

Q: Suppose that the per-worker production (labour productivity) function in South Korea is Y over L…

A: Given information: Suppose that the per-worker production (labour productivity) function in South…

Q: Spending four years in college in order to improve your employment opportunities and obtain a higher…

A: An economy generally produces two types of goods by using the given resources. These goods are…

Q: Gender inequality is a prevalent phenomena in South Africa's economy, with significant ramifications…

A: Analysis of the GraphsGender Wage Gap Over TimeThe first graph illustrates the trend in average…

Q: The production function used by the Australian Bureau of Statistics is written Y = AK L rY where Y…

A: The production function is given as- Y = AKαLβIγ                   ...(1a) Where Y is aggregate…

Q: 34. Mr. G had been working for a paper company as the Assistant Operation Officer headquartered in…

A: Culture is the set of social norms, customs, believes, and behavior available in human society.

Q: Explain the fundamental economic quesitions used by economists in analysis in your country uganda

A: The objective of this question is to understand the fundamental economic questions that economists…

Q: In the production function, Total factor productivity = A = 3.5% Labor input = L = 0.75 Capital…

A: Your question is a classic case of CES production function. The total factor productivity in the…

Q: Which of the following do economists consider to be capital? Multiple Choice   a pair of stockings…

A: Capital goods are goods that facilitate production of new goods.

Q: Consider the information given below (taken from recent UNDP Development Reports) regarding a…

A: The Gender Empowerment Measure (GEM) can be defined as a measure of the inequality between different…

Q: The 8th National Development Plan (NDP) is the country’s medium-term blueprint designed to unlock…

A: GIVEN DATA  8th national development plan is the country's medium-term blueprint.   which is…

Q: help please answer in text form with proper workings and explanation for each and every part and…

A: The expenses leading to the increment in production capacity are Investment expenditure. It is the…

Q: Entrepreneurs are: a) enterprising person who discovers potentially profitable opportunities and…

A: ANS Entrepreneurs are those persons who organize and manages a business undertaking, accepting the…

Q: Utilize the provided goal post of the United Nations. Based on the given information: a. Life…

A: Since you have posted a question with multiple sub-parts, we will solve first three sub-parts for…