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GenaCL600 [577]
3 years ago
6

Look at the scenario Technological Progress and Productivity Growth in Techland. What share of the growth rate of real GDP per c

apita was attributable to higher total factor productivity? a. 2.0% b. 5% c. 8.75% d. 6.5%
Business
1 answer:
yan [13]3 years ago
6 0

You for got to give the scenario. So, I will put the scenario below so the question is complete and then give the explanation and answer:

(Scenario: Technological Progress and Productivity Growth in Techland)

In Techland , from 1980 to 2010, holding technology and human capital fixed, increasing physical capital per worker from $25,000 to $100,000 would have led to a doubling of real GDP per worker, from $40,000 to $80,000. However, not only did physical capital per worker increase from $25,000 to $100,000, but technological progress shifted the productivity curve upward so that real GDP per worker actually increased from $40,000 to $320,000.

Explanation:

Total factor productivity represents the increase in total production which is in excess of the increase that results from increase in inputs. Productivity is a measure of the relationship between outputs and inputs. This means it equals output divided by input. There are two measures of productivity that consist of labor productivity, which equals total output divided by units of labor and total factor productivity, which equals total output divided by weighted average of the inputs

Thus, we should have, based on the scenario, that 5% share of the growth rate of real GDP per capita was attributable to higher total factor productivity

Answer:

5%

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The price index in the first year is 110, in the second year is 100, and in the third year is 96. The economy experienced
Digiron [165]

Answer:

a. 9.1 percent deflation between the first and second years, and 4 percent deflation between the second and third years.

Explanation:

To calculate the rate of inflation/deflation, we have to divide by the oldest price index.

The second year, the variation of the price index was:

\Delta PI/PI=\frac{PI_2-PI_1}{PI_1}=\frac{100-110}{110}=\frac{-10}{110}=-0.909=-9.1\%

This means a 9.1% deflation.

The third year, the variation of the price index was:

\Delta PI/PI=\frac{PI_3-PI_2}{PI_2}=\frac{96-100}{100}=\frac{-4}{100}=-0.04=-4\%

This means a 4% deflation.

8 0
3 years ago
The management of Brinkley Corporation is interested in using simulation to estimate the profit per unit for a new product. The
Furkat [3]

The calculated profit per unit for base-case, worst-case is, and best-case for the management of Brinkley corporation is:

  • $7
  • $3 per unit
  • $3 per unit

<h3>The Profit per unit for base-case:</h3>

45 - 1 1- 24 - 3 = $7

<h3>Profit per unit for worst case:</h3>

45 - 12 - 25 - 3 = $3 per unit

<h3>Profit per unit for best case:</h3>

45 - 10 - 20 - 3 = 12$ per unit

b. The mean profit per unit is given as $7.05

c. The reason the simulation approach is preferable is due to the fact that it can help to determine the probability of profit as a particular amount, unlike the what-if scenario analysis.

It can also create different scenarios for possible resources.

d. The probability of the fact that the profit per unit woul  be less than 5 is 9%

Read more on risk analysis here: brainly.com/question/6955504

5 0
2 years ago
Why would you use a chart AND data in Excel?
harina [27]

Answer:

a b d

Explanation:

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3 years ago
An ad for Maybelline age-minimizing makeup in Ladies' Home Journal magazine featured actress Gigi Hadid and offered readers a $2
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Answer:

Home Journal magazine

Explanation:

In communication, medium is what the message is conveyed on. It is the system or channel through which a message is transmitted from the sender to the recipient. The modern medium used in advertising is in the electronic format and includes the internet, telephone, and other electronic devices.

Tradition medium channels are television, radio, and print media such as newspapers and magazines.  The ad for Maybelline age-minimizing appears in a magazine. The  Ladies' Home Journal magazine is the medium for the ad.

6 0
4 years ago
Read 2 more answers
Andrea davis plans to invest $600 into a money market account. find the interest rate that is needed for the money to grow to $1
Anna35 [415]

Answer:

The interest rate is 5.2%

Explanation:

A = Pe^rt

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P = $600

t = 14 years

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e^14r = 2.067

14r = ln 2.067

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6 0
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