Different populations will have different viewpoints on the boundaries (most likely bad viewpoints)
"The Self" is the answer!!
Answer:
Option D, might fall, but we cannot know without more information
Explanation:
Complete question
If real GDP falls by 2% while work hours fall by 10%, then labor productivity:
a. falls
b. is unchanged
c. rises
d. might fall, but we cannot know without more information
Solution -
As we know
Productivity is equal to Real GDP/ Total Hours Worked. This means that if working hours of the labor force reduces then the productivity will rise.
Here GDP also falls but compared to the total working hours the fall of GDP is 1/5. Hence, the productivity might fall/rise as compared to the case when neither the GDP nor the working hours were falling.
Hence, option D is correct
'Horse Drawn Vehicles' were once the primary transportation method, and there were 3 involved animals, horses, mules, and oxen, although horses were the original go to for a carriage, due to fast movement, oxen soon became popular amoungst emigrants.
Countries would be able to increase their productivity for the services with comparative advantage. A country then can sell products they produce efficiently and also would buy from other nations the products that they cannot produce. The comparative advantage can lose if there are competitors operating in a low wage country.
