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pychu [463]
3 years ago
13

What is a significant factor in long-run economic growth that Robert Fogel, an economic historian, is best known for suggesting?

a. Improvements in technology from the incentives created by a better patent system b. Inward-oriented policies that protect domestic firms from foreign competition c. Improvements in worker health from better nutrition d. Improvements in the protection of property and enforcement of contracts through the maturation of the civil and criminal justice systems
Business
1 answer:
nignag [31]3 years ago
5 0

(C ) Improvements in worker health from better nutrition

Robert Fogel, an economic historian, and Noble prize winner for Economics, is best known for suggesting that a significant factor in long-run economic growth is improvements in worker's health from better nutrition, he was of the opinion that malnourished workers cannot perform manual labor, because they don't have the strength and stamina, and this will affect productivity. He believed that as nutrition improve, so will worker's productivity.

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viktelen [127]
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8 0
4 years ago
1. Sam orders 40 cases of beer from a Dutch distributor at a price of $40 per case. 2. A U.S. company sells 200 transistors to a
yawa3891 [41]

Explanation:

The computation is shown below:

The consumption is

= 40 cases × $40 per case

= $1,600

The import is also same i.e $1,600 because the purchase from Dutch distributor represents the consumption and imports for the United states economy.

Now the exporter is

= 200 transistors × $ 15

= $3,000

Now the net exports is

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= $1,400

And, the consumption value is $1,100

The total economy consumption is

= $1,600 + $1,100

= $2,700

Now the GDP is

= Consumption + investment + government spending + net exports

= $2,700 + $0 + $0 + $1,400

= $4,100

4 0
3 years ago
At the shipping port in Savannah, Georgia, the large shipping boxes that arrive on superfreighters from Indonesia are unloaded d
KonstantinChe [14]

Based on the large shipment of big shipping boxes and making direct unloading to a train car for further transport has shown the simplification of transport as a result of:

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<h3>What is Containerization?</h3>

This refers to the use of intermodal freight transport where cargoes are used in the transport of goods with the use of freights and superfreighters.

With this in mind, we can see that containerization has globally simplified the transport of products from <em>one mode of shipping</em> to another.

Read more about containerization here:
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5 0
3 years ago
A company that is most motivated to make money has a
Tems11 [23]
<span>A company that is most motivated to make money has a letter D: profit motive. Profit motive is an economics term relating to an organization (specifically business) expected to earn more profit than the expenses they have given. This type of organization differs from nonprofit because NGOs are more on accomplishing their advocacy without expecting profits in return.</span>
6 0
3 years ago
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morpeh [17]

Answer:

b.False

Explanation:

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6 0
3 years ago
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