Answer:
0.76%
Explanation:
Firstly we write out the production function to be
Y = K^0.34L^0.42.
So if we have inputs that are increased by 1%, we will now have a new production function which is
Y = (K + 0.01 of K)^0.34 (L + 0.01 of L)^0.42
We write this in terms of growth rate
The Growth rate of Y = 0.34 x the growth rate of K + 0.42 x the growth rate of L
This gives us the Growth rate of Y = 0.34 x 1% + 0.42 x 1%
= 0.34+0.42
= 0.76%
A net exports deficit will become a surplus if <u>the </u><u>government </u><u>budget deficit is turned into a surplus and the private sector has a surplus</u>
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An item or resource that has more than is currently being used is said to have a surplus. A surplus can relate to a wide range of things, including money, goods, capital, and profits. A surplus in the context of inventories refers to items that are still on store shelves but have not yet been purchased.
A surplus in a fiscal sense happens when income is greater than outlays. Governments may also have a budget surplus if there are any tax revenues left over after all expenditures for government programmes have been paid in full.
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<span>Work Breakdown Structure.</span>
Answer:
Miami, Florida
Explanation:
If you are looking to learn how to make urban sidewalk gardens a success in your city I believe that one of the best cities to learn and accomplish how to do this would be Miami, Florida. Florida is known as "The Sunshine State" for it's climate which allows for beautiful plants to survive all year round. The city of Miami has taken this advantage and used it to make beautiful urban sidewalk gardens a success. Therefore you might get a lot of information on how to accomplish this by travelling to Miami, Florida.
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