According to the aggregate production function, GDP increases when a nation increases the human capital of its workers. Social scientists refer to personal qualities seen to be helpful in the manufacturing process as "human capital." Individual incomes are significantly impacted by human capital. According to research, making economic investments in human capital pays off handsomely throughout youth and young adulthood.
Through education and training, for instance, businesses can invest in human capital, enabling higher standards of quality and output. Paul Romer, who created the current innovation-driven approach to comprehending economic growth, was jointly awarded the 2018 Nobel Prize for Economics as a result of his conceptualization.
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Answer: d. Liza faces economies of scale; Sam faces diseconomies of scale; Tina faces constant returns to scale
Explanation:
Economies of scale occurs when the increase in production by companies brings about a reduction in cost. Diseconomies of scale is when a rise in production leads to an increase in cost as well. For a constant return to scale, the cost remains the same.
Therefore, the answer will be option D "Liza faces economies of scale; Sam faces diseconomies of scale; Tina faces constant returns to scale".
Answer:
$5,000
Explanation:
Although the limit for two qualifying children is the lesser of $6,000 or the actual expenses, the earned income limitation may apply. The amount of qualifying expenses can not exceed the earned income of the spouse with the lesser earned income, in this case, $5,000 .
Which is why the amount of the qualifying expenses for purposes of computing the child and dependent care credit is $5,000
Answer:
$400
Explanation:
In the case when the income would be increased by $1,000 per month so the spending on consumption goods would also be increased by 40% here we assume the 40%
So,
= $1,000 × 40%
= $400
Therefore based on the above assumption, the spending on consumption goods would be increased by $400
You can place the watermarks and other recurring elements<u> under the text and make it look like they belong.</u>
<u> </u><u>Explanation:</u>
DTP document is the creation of documents with the use of page layout software. It can be done on a personal (desktop) computer. Desktop publishing software can generate layouts and produce typographic quality texts and images.
A watermark is a faded background image that is displayed behind the text in a document. This can be used to indicate the state of the document, whether it is confidential or a draft, add a logo of the company or the artistic flair.