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SSSSS [86.1K]
3 years ago
6

Labor-augmenting (improving) technology causes which of the following? (i) The marginal productivity of labor increases. (ii) Th

e marginal productivity of labor decreases. (iii) Labor demand (MRP) shifts to the right. (iv) Labor demand (MRP) shifts to the left.
Business
1 answer:
OleMash [197]3 years ago
5 0

Answer:

Answer to this is both option (i) and option (iii).

Explanation:

Change in technology generally affects the change in productivity as well as the change in labor demand. In the case of Labor-augmenting (improving) technology, it is found that the positive change in technology leads to the increasing marginal productivity of labor. This increase of marginal productivity of labor shifts the labor-demand curve towards right. Thus, Labor-augmenting (improving) technology causes marginal productivity of labor to increase which further leads to shifting of the labor-demand curve towards right.

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Answer:

Private savings = $360 trillion

Explanation:

Private savings is a summation of household and business savings. When there is economic growth there is stimulation of private savings, people have more money to save.

Private savings also drives economic growth because people have more money to invest in businesses that will have a higher output.

In a closed economy the formula for private savings is

Private savings = Y + TR - C - T

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Why private limited companies in malaysia does not get listed in the stock exchange?​
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Your KEY word is private. The companies may be limited liability, but because they are private, that means that they are privately owned. Privately owned companies are not traded on stock exchange. Often a corporation will issue stock in what’s called an Initial Public Offering. This is to raise capital and allows anyone from the public sector have access to ownership of the company through buying shares of stock. If the company were privately held, it would be owned by the employees or a few investors or a combination

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The average propensity to consume is the: ratio of consumption to income. amount consumed out of an additional dollar of income.
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The amount of Alec's license fee that went into the Real Estate Recovery Fund, which just received his Florida broker license, is <u>$3.50.</u>

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Learn more about real estate license fees at brainly.com/question/26067240

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