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3 years ago

Increases in total factor productivity (TFP) can generate sustained increases in per capita output

Business

1 answer:

marissa [1.9K]3 years ago

3 0

Answer:

TFP does not cause diminishing returns
both China and India experienced increased standards of living

Explanation:

Total Factor Productivity (TFP) shows how much the economy is growing in excess of the inputs of labor and capital put into the productivity of the economy. It can therefore not be explained by the amount of inputs put into production because it is the part of productivity that is more than the productivity that should have been seen given the inputs put in.

Increasing it does not cause diminishing returns which means it can lead to a sustained increase in per capita output.

Both China and India have experienced growth in the living standards of their citizens from 1980 to 2017 with both of them seeing millions being pulled from poverty. China for instance, managed to reduce the number of poor people in the country from 400+ million in 1981 to 70 million in 2017.

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The phone rings in the next room and the assistant answers it. She tells the caller, "Yes, sir, he is here." After a moment she

In-s [12.5K]

Answer:

The best question to ask the CEO's personal assistant while you are waiting for the CEO is:

Could you tell me about your work environment?

Explanation:

This question will enable you to build rapport with the personal assistant and to learn more about the organization. It will expose the personal assistant's job satisfaction level, the job setting, and social features, including physical conditions for a worker at the organization to fulfill her responsibilities. The question will also expose the general employee feelings of wellbeing, workplace relationships, productivity efficiency, and employee health. It will expose the organization culture, which is an important determinant of organizational success.

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3 years ago

Selected financial data regarding current assets and current liabilities for two competing companies, Simon and Garfunkel, are p

Akimi4 [234]

Answer:

Please find the detailed answer in the explanation section

Explanation:

1. Current ratio = Curren assets / Curren liabilities.

For Simon:

Current assets are:

Cash and cash equivalents $ 620

Short-term investments $3,690

Net receivables $992

Inventory $510

Other current assets $335

Total current assets $6,147

Current liabilities are:

Accounts payable $7,220

Short-term debt $1,270

Other current liabilities. $0

Total current liabilities $8,490

So current asset is $6,147/$8,490

0.72:1

For Garfunkel:

Current assets are:

Cash and cash equivalents $2,920

Short-term investments $0

Net receivables $1,330

Inventory $203

Other current assets $477

Total current assets $4,930

Current liabilities are:

Accounts payable $4,285

Short-term debt $1,028

Other current liabilities. $1,306

Total current liabilities $6,619

So current asset is $4,930/$6,619

0.74:1

1b Simon current asset is 0.72 while Garfunkel's own is 0.74

Therefore Garfunkel with 0.74 has a better current ratio

2a. Acid-test ratio = total current assets minus Inventory / total current liabilities

For Simon:

($6,147 - $510) / $8,490

=0.66:1

For Garfunkel:

($4,930 - $203) / $6,619

=0.71:1

2b. Garfunkel with 0.71 has a better acid-test ratio

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3 years ago

An article in the Wall Street Journal contained the following observation: "Every month, millions of workers leave the job marke

Alik [6]

Answer:

The millions of workers leaving the job market for the reasons given are:

B) not counted as unemployed in the BLS data because they are no longer actively looking for work.

Even if they don't find a job right away, people entering the job market after graduating from high school or college will

A) be counted as part of the labor force by the BLS if they are actively looking for work.

Explanation:

The unemployment rate includes everyone that doesn't have a job but has actively looked for one during the last 4 weeks (generally a month because the unemployment rate is given on a monthly basis), and are currently available and willing to work.

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3 years ago

Drag each label to the correct category. the economy of a country has been growing at an annual rate of 8%. determine the causes

Alex787 [66]

Cause: human capital investment, physical capital investment

Effects: improvement in living standards, social and community development

<h3>What does Economic growth indicate?</h3>

Economic growth rates indicate how quickly the economy is expanding and are calculated by comparing the economic output (measured as the Gross Domestic Product or GDP) of two successive periods.

<h3>What are the effects of Economic growth?</h3>

A greater variety of goods and services are now available and ready for consumption in the country.

High employment levels are required because workers are required to manufacture such a large quantity of goods and services. Employment figures have risen in tandem with GDP growth.

More employment boosts aggregate demand and generates additional growth as businesses continue to try to meet all demand.

As demand rises, prices are likely to rise as well, so economic growth would raise the inflation rate.

Increased productivity and the adoption of new technologies ma

To learn more about Gross Domestic Product or GDP from the given link

brainly.com/question/3200071

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1 year ago

Winter is coming, so Sasha decides to buy new outdoor gear. She has a coupon good for 25% off. She buys a coat with an original

Alexxx [7]

Answer:

b. Boots

Explanation:

71.99/4=17.9975 $17.9975 rounded to $18.00

$71.99-$18.00=$53.99

$53.99+$85.75+$24.25+$44.95=$208.94

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2 years ago