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dusya [7]
2 years ago
14

According to the aggregate production function, gdp increases when a nation?

Business
1 answer:
Gala2k [10]2 years ago
3 0

According to the aggregate production function, GDP increases when a nation,

  • improves its technology, A
  • increases its stock of physical capital, K
  • increases the human capital of its workers, H

<h3>What is aggregate production function?</h3>

An aggregate production function holds constant all other production factors, like as capital, natural resources, and technology, and connects the entire output of an economy to the total amount of labour engaged in that economy. Land, labour, capital, and entrepreneurial activity are the elements that make up aggregate production function.

A method for determining productivity and economic growth is the aggregate production function. Therefore, economists use it to gauge the efficacy of the final product and the quality of the inputs. The maximum output that can be produced given the quantity of the production elements is represented by the aggregate production function. Keep in mind that the following uses lower case letters for plant level variables and capital letters for aggregate variables.

Hence, According to the aggregate production function, GDP increases when a nation,

  • improves its technology, A
  • increases its stock of physical capital, K
  • increases the human capital of its workers, H

To learn more about aggregate production function refer to:

brainly.com/question/15875528

#SPJ4

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Why, in summary, should managers think of staffing, training, appraising, and paying employees as a talent management process?
MakcuM [25]

Explanation:

The management of people in an organization is a constant and dynamic process that must be well structured, as it is the employees of the organization who will assist in the achievement of organizational goals and objectives.

Therefore, this process of recruiting, training, evaluating and paying employees must be well established in the organization as a fundamental process for organizational success. Each stage of the personnel management process is essential, and must always be organized, evaluated and monitored, so that there is continuous improvement in a company in all its systems. Through effective people management, there is greater motivation, greater productivity and greater organizational positioning.

5 0
3 years ago
you worked from 9:00 am to 7:00 pm with a 45 minute unpaid lunch and an unpaid 15 minute break. you will be paid time and 1/2 fo
Viktor [21]

Answer:

His overtime wage = $18.75

Total wages for one day = $118.75

Explanation:

Given,

He worked from - 9:00 am (Internationally - 9:00)

He stopped at - 7:00 pm (Internationally - 19:00)

Therefore, he worked for = (19:00 - 9:00) = 10 hours

Again,

He had unpaid 45 minute lunch break

He had unpaid 15 minute break

Total unpaid time = (45 + 15) minutes = 1 hour.

Therefore, he will be paid for = 9 hours

Again,

His normal wage = $12.50 per hour

<em>His overtime wage = 1.5 times of his normal salary = $12.50*1.5 = $18.75</em>

Since he worked more than 8 hours, he worked 1 overtime hour. Therefore,

(8 hours x $12.50) + (1 hour x $18.75) = $118.75

5 0
3 years ago
Universal Containers has two sales groups. Each group has its own unique sales process. What is the best way to ensure that sale
Gre4nikov [31]

Answer:

The use of a proper CRM.

Explanation:

A CRM basically means or translate to a Customer Management System.

A customer management system is an Information technology tool or software that enables companies to properly manage track and monitor their interactions and relationship with clients or potential customers.

Referring back to the question asked, the best answer to the question is to categories or segment the customer management system into teams and generate a unique assess code such that only the team working on a particular potential customer can access and monitor the status of interaction between a sales person and a customer within the same sales team.

This way, a third party sales team does not have access to the data of other sales team.

8 0
3 years ago
Which of the following would shift the supply of dollars in the market for foreign-currency exchange of the open-economy macroec
avanturin [10]

Answer:

b. The expected rate of return on U.S. assets rises

Explanation:

  • An open economy is one that interacts freely with the other economies of the world, the one economy of the united states is very large and includes the imports and exports of huge quantity including the goods and services.
  • In an open economy, macroeconomic model assets are bought and supplied to the economy a this creating an outflow of the capital as more of the buying of the assets creates a net capital outflow leading to an increase of the expected rate of return of assets. As the country can spend more than it produces.
7 0
4 years ago
A bond indenture is
Lena [83]

Answer:

C. A contract between the corporation issuing the bonds and the bond trustee, who is acting on behalf of the bondholders.

Explanation:

A bond indenture specifies the contract which is between the bond issuers and bond holders. The contract specifies all the obligations owed by the issuers to the bond holders.

In this case the right definition of indenture would be a contract between the corporation issuing the bonds and the bond trustee, who is acting on behalf of the bondholders.

Hope that helps.

5 0
3 years ago
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