Answer:
The answer is: pretty impressive, with productivity increasing due to innovation and increased output per worker.
Explanation:
To measure productivity , we must compare the amount of products and services produced with the total inputs used to produce them.
Currently the US is ranked sixth in the world´s productivity index:
- The most productive country in the world is Luxembourg, then comes:
- Norway
- Switzerland
- Denmark
- Iceland
- United States
- Australia
During 2018, American productivity rate grew 1.3%. The year with the highest productivity rate growth in the last couple of decades was 2010, with a 3.4% growth rate.
Answer:
If you need negotiating
Explanation:
If you need to negotiate, often times a silent partner can be better because they will not get you into more trouble or ruin your presentation with their own activeness.
Answer:
In most cases rental property should be reported as an investment asset. Since, the property most likely a duplex or triplex housing is used in your business to generate income it would be considered a business asset.
Explanation:
Answer:
Cost the lower the demand
Answer: b. No, if it were a Cobb-Douglas production function, the income shares would be constant over time.
Explanation:
Cobb–Douglas production function is used to show the technological relationship that takes place between the inputs and output that the inputs on the production process can produce.
In this scenario, we are informed that the boss suggests that a Cobb-Douglas production function could be a good representation of that country's income. In this case, the answer is No. The Boss is wrong because if it was to be a Cobb-Douglas production function , then the income share would be constant over time.
In this case, we can see that there is fluctuation of the factor shares as they're not constant but rather changes with time.