The potential output of an economy depends on three factors: human capital, physical capital, and technology. For each item below, indicate whether it affects human capital, physical capital, or technology.

a. An improvement in adult literacy
b. An increase in the college student population
c. The development of smaller mp3 players
d. The acquisition of computers by companies
e. New distribution techniques

WORD BANK
human capital
physical capital
technology

Answers

Answer 1

Answer:

a. human capital

b. human capital

c. technology

d. physical capital

e. technology

Explanation:

Growth is generated by three main sources: growth of human capital, growth of physical capital, and technological advance. Human capital is the knowledge and skills of the workforce. While human capital need not be measured in schooling, years of education is a good proxy for the quantity of human capital in a society. However, literacy and continued education in one's career also contribute to a society's store of human capital.  

Physical capital refers to the physical goods used to produce output. This includes machines, computers, factories, office building, etc. You may have been tempted to categorize computers as technology, but technology refers to the methods and techniques used in various human endeavors, including production. Once developed, a computer itself is a physical machine that helps in the production process.

Technology is the application of knowledge to achieve practical ends. Technological advance explains the increase in output that would be possible if human and physical capital were constant over time. Technological advance often arises from the growth of knowledge, e.g., of management techniques, chemical properties, programming structures, distribution techniques, communication networks, transportation methods, and so forth.


Related Questions

Which option best describes your ability to stay organized?

A.
I am not organized. I need more help keeping track of my assignments.

B.
I am usually organized. I will continue to monitor my pacing and assignments.

C.
I am always organized. I complete assignments on time or ahead of schedule.

Answers

Answer:

B.

I am usually organized. I will continue to monitor my pacing and assignments.

Explanation:

So , I can keep on improving to be organized

The best option that describes the ability to stay organized is I am usually organized. I will continue to monitor my pacing and assignments. The correct option is b.

What are assignments?

Assignments are a set of tasks assigned to students by their teachers to be completed outside the classroom. Common homework assignments may include required reading, a writing or typing project, mathematical exercises to be completed, information to be reviewed before a test, or other skills to be practised.

The effects of assignments are debated. Generally speaking, homework does not improve academic performance among young children. Homework may improve academic skills among older students, especially lower-achieving students. However, homework also creates stress for students and parents and reduces the amount of time that students can spend on other activities. The basic objectives of assigning homework to students often align with schooling in general.

Younger students who spend more time on homework generally have slightly worse, or the same academic performance, as those who spend less time on homework.

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factors that may lead to an increased number of learners abusing substance in schools

Answers

Answer:

drugs

Explanation:

in most cases learners have been using drugs which leads the to drop out of schools

Explanation:

here are some of the factors which

may lead to an increased number of learners abusing substance in schools:

1. negative peer pressure

2. curiosity

3. poor self esteem

Which of the following best defines a financial intermediary?
- a claim by a buyer to a future payment by a seller
- a financial institution that transforms investor funds into financial assets
- an asset sold by a company which entitles the buyer to partial ownership
- a collection of stocks and bonds issued to investors

Answers

Answer:

a financial institution that transforms investor funds into financial assets

Explanation:

A financial intermediary is a financial institution that bridges the gap between savers and borrowers. Many people in the United States hold their investment money with financial intermediaries. For example, you may own shares in a Fidelity mutual fund, which consists of shares of many companies pooled together instead of owning shares in individual companies.

The other options are directly related to financial intermediaries, but are not actually financial intermediaries. For example, for a claim by a buyer to a future payment by a seller, you may want to ask your financial intermediary to make sure that the people that currently own the house you are buying paid their taxes for the previous year.

For an asset sold by a company which entitles the buyer to partial ownership, you may ask your financial intermediary to provide you with the documentation of your shares in a company.

For a collection of stocks and bonds issued to investors, you may ask your financial intermediary to provide you with a list of the stocks and bonds that you can invest in with them.

Answer:

B. a financial institution that transforms investor funds into financial assets

Explanation:

A financial intermediary is an institution that connects two parties in a transaction, for example, commercial banks that take deposits from people at a low interest rate and then lend the money to borrowers at a higher interest rate. According to this definition which best defines a financial intermediary is a financial institution that transforms investor funds into financial assets.

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Hope this helps!

Suppose that the government changes the tax code to allow additional amounts of money to be placed in 401(k) retirement accounts, increasing the extent to which people can delay their tax obligations. Show the effect by shifting the appropriate curve in the market for loanable funds.

Answers

Answer:

*see image*

Explanation:

As the tax obligation has been delayed and people can now park more in their 401K accounts this will cause the supply of loanable funds to increase and cause the supply curve to shift rightwards and this causes a fall in the interest rates.

The new law that is described will result in an increase in the supply of loanable funds, meaning that the supply curve should shift to the right.

In this case, the supply curve shows how the amount of money that savers are willing to loan varies with the interest rate. Making more money eligible for the tax benefits that are associated with 401(k) retirement accounts will induce higher levels of saving, which will lead to more funds being available.

Complete the sentences with the correct terms.

Demand–pull inflation occurs when _____1_____ increases until equilibrium output exceeds the full employment level. For instance, this can be caused by an increase in _____2_____. Temporarily, both aggregate output and _____3_____ increase, as resources are beyond capacity. Eventually, the economy returns to long‑run equilibrium when _____4_____ decreases until it and aggregate demand intersect at the same point on the ____5______ curve. Finally, _____6_____ returns to its full-employment level, and _____7_____ again increases.

WORD BANK
long-run aggregate supply
short-run aggregate supply
consumer spending
aggregate output
aggregate demand
the aggregate price level

Answers

Answer:

Demand pull inflation occurs when aggregate demand increases until equilibrium output exceeds the full employment level. For instance this can be caused by an increase in consumer spending. Temporarily both aggregate output and the aggregate price level increase as resources are beyond capacity. Eventually the economy returns to long-run equilibrium when short-run aggregate supply decreases until it and aggregate demand intersect at the same point on the long run aggregate supply curve. Finally, aggregate output returns to its full employment level and the aggregate price level again increases.

1. aggregate demand

2. consumer spending

3. the aggregate price level

4. short-run aggregate supply

5. long-run aggregate supply

6. aggregate output

7. the aggregate price level

Explanation:

Demand–pull inflation is caused by an increase in aggregate demand that results in an equilibrium aggregate output that is beyond an economy's full employment level of aggregate output. This can be caused by any substantial increase in the components of aggregate demand, including consumption, business investment, government spending, or net exports.

Initially, the economy will reach an equilibrium in which the new AD curve intersects the upward‑sloping short‑run aggregate supply curve. In this question, both the equilibrium aggregate output and the price level increase beyond the full employment equilibrium levels.

However, the increase in production is not sustainable in the long run. Rising prices and falling unemployment can lead to increases in the wages firms must pay, which causes the short‑run aggregate supply curve to shift to the left. Eventually, the economy will arrive at the equilibrium point where the new AD curve intersects the long run aggregate supply curve and the new short‑run aggregate supply curve at the same point.

Aggregate output returns to the economy's full employment level, and the aggregate price level increases further.

Another name for "getting out the vote" is

Answers

Answer:

sending out your poll

Explanation:

"Get out the vote" or "getting out the vote" (GOTV) describes efforts aimed at increasing the voter turnout in elections. In countries that do not have or enforce compulsory voting, voter turnout can be low, sometimes even below a third of the eligible voter pool.

The risk response strategies such as mitigation and exploitation apply to both threats and opportunities.
a) true
b) false

Answers

Answer:

true.

Explanation:

The statment above is true.

The answer is : True

Give me 3 small business ideas.​

Answers

Answer:

learn New skills

Explanation:

learning a New skills helps in keeping you or making you self reliance, and also buy products related to your supposed skill and sell out to those you give services to, also you can go I to affiliate marketing, learn coding and also digital marketing too.

our rights are related to other duties and other rights are related our duties

Answers

Answer:

Yes.

Explanation:

For every right there is corresponding duty.Therefore,in one way or the other,all rights are either directly or indirectly related to duties or responsibilities.

For example:the right to life gives us the duty to respect others' lives so prohibits murder of others & even ourselves as we are given our right to life by law.

Therefore,all rights have their respective duties & duties their respective rights enjoyed by the individual.

What did the Romans build to keep the roads from flooding ?

Answers

Answer:

They built their roads so that they were higher in the middle than at the edges.  When it rained the rain would run off the sides of the roads.

Explanation:

Have Presidents exceeded their War Powers Authority in regards to fighting ISIL? Choose a side and argue in a well-written paragraph of 5-8 sentences using evidence. 100 POINTS and Brainliest✔️​

Answers

Answer:

I don't understand at all do you need it ASAP.

Explanation:

The Code of Hammurabi stated that _____________ .
A) wealthy merchants were expected to help the poor
B) every criminal would be punished by losing an eye
C) the punishment would fit the crime

Answers

Answer:

C) the punishment would fit the crime

Explanation:

Hammurabi's Code is one of the most famous form of retaliatory justice commonly associated with the saying “an eye for an eye.” Under this system, if a man broke the bone of one his equals, his own bone would be broken in return.

(15 points)Which force results in the economic impacts described in the passage?
As information is more widespread, consumers demand product and service offerings available outside of their own
nation. International supply and demand may lead to more reliance on new technologies. Consumers demand products
at lower prices, which leads to outsourcing. And finally, goods produced internationally may meet different quality
standards, fueling a need for more quality control. All of these issues carry economic impact with them.

1. Capitalism
2. Communism
3. Globalization
4. Democracy

Answers

Answer:

1

Explanation:

Capitalism

Leo is always so worried that something bad is about to happen that he can't stay focused at school. A therapist might best diagnose Leo with

Answers

If he is always worried that something bad is about to happen. A therapist might best diagnose Leo with: generalized anxiety disorder.

What is generalized anxiety disorder?

Generalized anxiety disorder can be defined as a type of disorder in which a person begins to have fear of the unknown or begins to have a negative thought which can tend to create fears in them.

A person with this type of disorder will tend to always have anxiety about things because he or she felt that something bad might likely happen.

Inconclusion  a therapist might best diagnose Leo with: generalized anxiety disorder.

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Please answer
Question 3 (1 point)
What can we learn about the Etowah people from the mounds they created?
they created a town center, a place for religious activities and burial grounds
they lived in Texas.
they still have the same town
they did not see European explorers

Answers

Answer:

They had a hierarchical social structure.

Explanation:

The flattened mound was used for the chief's house, meaning that the chief was elevated as somebody more important than the rest of the villagers.

Suggest suitable slogan on community policing in 2 to 3 words????

Answers

Answer:

Police getting personal

Explanation:

(Close Reading) What evidence does it use to support its claims? Document A: Blog Post

Answers

The Evidence serves as help for the grounds provided and supports obligate gatherings to accept assertions.

What is a Blog Post?

A blog post is any article, news story, or guide that is published on a website's blog area. Evidence backs up the arguments made and makes it easier for people to believe them.

Evidence comes in a variety of forms, and it varies from one academic topic or debate to the next.

Therefore, blog post support the evidence of claims.

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what was the utilities of the topography of Nepal? write in four points.​

Answers

Answer:

The Himalayan region can be promoted for tourism. Crops like wheat, millet, and corn can be grown in the hill region which is mostly covered with dense forests and rice, and sugar cane can be grown in the Terai region. This way Nepal can utilize its diversity of areas and be economically stable country.

Explanation:

People who might need to retrieve part or all of their investment relatively soon, such as the elderly, are often advised to invest a higher percentage of their money in bonds, and thus a lower percentage in stocks, than people who can leave the investment untouched for decades. We know, however, that bonds typically have a lower rate of return than stocks.

Why would people be advised to invest in assets that give lower average rates of return?
a. This is bad advice. People should always invest in whichever assets have the highest average rate of return.
b. Although stocks have a higher rate of return in the long run, they are much more volatile, or riskier, in the short run. Therefore, there is a higher probability that the value of the stocks will be less than the original value of the investment for people who might need to withdraw the investment in the short run.
c. Since bondholders get paid before stockholders in the event of bankruptcy of a firm, the average "real" rate of return on stocks and bonds will be the same, with bonds being less risky.
d. Although stocks have higher average rates of return in the long run, bonds have higher average rates of return in the short run. Therefore, bonds are likely to be more profitable for people who might need to get their investment back in the short run.

Answers

Answer:

b. Although stocks have a higher rate of return in the long run, they are much more volatile, or riskier, in the short run. Therefore, there is a higher probability that the value of the stocks will be less than the original value of the investment for people who might need to withdraw the investment in the short run.

Explanation:

The relationship between risk and return plays an important role here. Although stocks have higher returns on average, they are much riskier. One way in which this higher risk can manifest itself is through a portfolio value that fluctuates a lot. So, it is more likely that $1,000 invested in a diversified stock portfolio will be worth only $800 at some point than $1,000 invested in a diversified bond portfolio. If the investor is going to need that $1,000 back at some point soon, then it might be wiser to invest in the lower‑average‑return bond portfolio.

Stocks surely have higher rate of return in the long run but are highly volatile in the short run. If an investor, especially older person, who might need his money in the short run may find that his current value of stock is less than the value of investment. Thus the investor may incur a net loss even if the stock may have high rate of retun in the long run. Hence it is advisable to invest more in bonds if money is to be withdrawn in the short run.

In the early days after the Holocaust, many survivors faced the problem of

wanting to remain in Germany but having to leave.
being forced to move to the country of Poland.
wanting to live in Israel but not being accepted.
having a difficult time finding new places to live.

PLS HURRY

Answers

Answer:

the answe is b beacuse

Explantion:

YOU THOUGHT I KNEW THE ANSWER LOL

Explain the difference between a mixed market economy and a mixed command economy

Answers

Answer: Difference between Command Economy System and Mixed Economy System
The economic system is fully controlled by the government, while the economic system is controlled by the private sector and the government.



I hope this help

Making the assumption of no compounding interest, suppose you purchase a perpetuity bond from Vandalay Industries for $4,000 with an annual coupon rate of 3%. Specify all answers to the nearest dollar and assume a discount rate equal to that of the current interest rate.

1. What is the yearly return on your $4,000 investment?
yearly return: $______________

2. Changes in the economy push interest rates up from 3% to 5%. For how much can you sell your bond following this change in market interest rates?
price of bond: $______________

3. Suppose that interest rates instead change from 3% to 1%. For what price will you be able to sell your bond following this change in market interest rates?
price of bond: $______________

Answers

Answer:

yearly return: $120

price of bond: $2,400

price of bond: $12,000

Explanation:

To solve for the yearly return on the bond, simply multiply the value of the bond by the annual coupon rate. This yields

$4000 × 0.03 = $120

To calculate the price of a perpetuity bond following changes in the market interest rate, use the formula

price of bond = interest payment / yield

So if the yield on bonds is now 5% , the price of your existing bond from Vandalay Industries, which pays only 3% , falls to $2{,}400 since

$120 / 0.05 = $2400

However, if market interest rates fall to 1% , then the 3% yield on your current bond becomes very attractive to investors.

$120 / 0.01 = $12000

As such, investors would pay $12,000 for your bond when interest rates fall to 1% .

Although perpetuities may seem to be an unusual form of investment, note that the pattern of the bond price varying inversely with interest rates is common to other types of bonds.

According to the tenth amendment, the powers of blank are limited to only those specifically listed in the constitution.

Answers

Answer:

federal government/United States government

Explanation:

The powers not delegated to the United States by the Constitution, nor prohibited by it to the States, are reserved to the States respectively, or to the people.

what does kennedy say about the duties of individual american citizen

Answers

Answer:

Citizen of America is when you are born in America. Citizen of the world is when you were born out of the United States

Explanation: I took the k12 test

Snowdonia is a small country which produces wrought iron and cheesecakes and is experiencing fixed capacity growth in year 1.

Which part of the business cycle is Snowdonia in?
a. recovery
b. peak
c. trough
d. recession

Fixed capacity growth is demonstrated on the graph as a movement from point _____ to point _____.
Long‑run growth in Snowdonia would be illustrated on the graph as a movement from point _____ to point _____.

WORD BANK
Point A
Point B
Point C

Answers

Answer:

Snowdonia is in recovery.

Fixed capacity: Point C to Point A

Long run: Point A to Point B

Explanation:

In the short run, economic growth is limited because an economy has only a finite level of resources. During a recession, output drops below the level it would have if all resources were used. This situation is depicted on a production possibility frontier by a point inside the curve, such as point C.

As the economy pulls up out of the recession, production increases back to the full employment level, moving the economy from point C to point A. At this point, the economy is producing as much as it can without an increase in resources. Fixed capacity growth means the resources are fixed in the economy . The growth occurs due to proper utilization of resources. So the economy grows from an inefficient point to an efficient point on PPF.

In the long run, however, technology improvements, increases in the capital stock, and increases in the quantity and skill of labor increase the capacity of the economy, shifting the PPF outward. This long‑run growth is depicted as a movement from point A on the PPF for year 1 to point B on a new PPF which is farther from the origin and represents an increase in productive capacity.

The business cycle is Snowdonia is in recovery.

Fixed capacity: Point C to Point A

Long run: Point A to Point B

What is World Bank?

The World Bank is famous an international financial institution that provides loans and grants to the governments of low- and middle-income countries/states for the purpose of pursuing capital projects.

In the short, economic growth is limited because an economy has only a definite level of resources. During a recession, output drops below the level it would have if all resources were it used. This situation is depicted on a production possibility frontier by a point in inside the curve, such as point C.

As the economy pulls up out of the recession, production increases back  it to the full employment level, moving to the economy from point C to point A. At this point, the economy is producing as much as it can without an increase in resources. Fixed capacity growth means to the resources are fixed in the economy . The growth occurs due to  the proper utilization of resources. So the economy grows from an inefficient point to an efficient point on PPF.

In the long run, however, technological improvements, increases in the capital stocks, and increases in the quantity and skill of labor increase the capacity of the economy of state, shifting the PPF outward. This long‑run growth is depicted as the movement from point A on the PPF for year 1 to point B on a new PPF which is farther from the origin and represents an increase in productive capacity.

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Place each item below in the appropriate category.

Leading economic indicators
Not leading economic indicators

WORD BANK
The unemployment rate
Manufacturers' orders for durable goods
Housing starts
The trade deficit
Average duration of unemployment
Building permits
Interest rates spread
Stock prices

Answers

Answer:

Leading economic indicators:
- Manufacturers' orders for durable goods
- Housing starts
- Average duration of unemployment
- Building permits
- Interest rates spread
- Stock prices

Non leading economic indicators:
- The unemployment rate
- The trade deficit

Explanation:

Certain variables provide a clue into the direction the economy is moving. If the economy is expanding, construction picks up, resulting in increases in building permits and housing starts.

Factories begin to produce more, and producers need to install or replace tools and machines. They also need more workers, so unemployed workers spend less time finding jobs.

Profits begin to rise, and investors begin to view shares of stocks more attractively.

Long-term interest rates are typically higher than short-term rates. If the economy is expected to grow robustly, longer-term rates will rise relative to short-term rates.

The unemployment rate is considered a coincident indicator, moving along with but opposite to the business cycle. One complicating factor is the tendency of the unemployment rate to rise as an expansion begins, or fall at the start of a recession. This is due to discouraged workers entering or leaving the workforce.

The trade deficit reflects the relative magnitudes of imports and exports. Imports are in large part a function of personal income, which will move along with but not prior to changes in the business cycle.

What is the eventual effect on real GDP if the government increases its purchases of goods and services by $60,000? Assume the marginal propensity to consume (MPC) is 0.75. $_____________________

What is the eventual effect on real GDP if the government, instead of changing its spending, increases transfers by $60,000? Assume the MPC has not changed. $_____________________

An increase in government transfers or taxes, as opposed to an increase in government purchases of goods and services, will result in
a. an identical eventual effect on real GDP.
b. no change to real GDP.
c. a smaller eventual effect on real GDP.
d. a larger eventual effect on real GDP.

Answers

Answer:

$240,000
$180,000
c. a smaller eventual effect on real GDP.

Explanation:

The eventual effect on real GDP of an increase in government purchases is the initial increase times the multiplier. The multiplier is

multiplier = 1 / (1−MPC)

where MPC is the marginal propensity to consume. The MPC is the fraction of an additional dollar consumers spend and 0.75 in this question. The eventual effect of the $60,000 increase is

$60000.0 × multiplier = $60000.0 × 1 / (1 − 0.75) = $60000.0 × 4 = $240000

The eventual effect on real GDP if the government increases transfers by $60,000 can be found by multiplying the transfer increase by the MPC and the multiplier.

$60000.0 × multiplier × MPC = $60000.0 × 4 × 0.75 = $180000

This is the same formula as in the case of government spending except for the additional multiplier, the MPC. When the government increases transfer payments, they effectively pay consumers directly, who only spend 75% (their MPC) of the initial $60,000 transfer.

Note that if MPC is equal to 0.5, then the multiplier is equal to 2. So the eventual effect is

$60000.0 × multiplier × MPC = $60000.0 × 2 × MPC = $60000.0 × 2 × 0.5 = $60000.0

In this special case, the eventual impact of a transfer is equal to the size of the transfer.

Unless the MPC is equal to 1, the eventual impact on real GDP for a change in government transfers will be less than the eventual impact for a change in government purchases.

Which of the following would be an example of expansionary fiscal policy?

a) An increase in the individual income tax rate

b) Extending the period in which unemployed workers can collect unemployment benefits

c) A decrease in the amount of federal grants given to college students

d) A decrease in interest rates

Answers

b) Extending the period in which unemployed workers can collect unemployment benefits

What is the main cause of conflict in many West African nations?
A land ownership rights
B poverty
C lack of a common language
D ethnic diversity

Answers

Answer:

B.

Explanation:

Our leaders in many West Africa nations are mostly thinking about the money that they are going to eat only , they won't think about upgrading the country

Examine the differences between the person-job and person-organisation theory, using Holland’s Typology of Personality and congruent occupations as an example under Social

Answers

The differences between the person-job and person-organization theory, using Holland’s Typology of Personality and congruent occupations are:

A person-job fit means that an individual's skills, knowledge, and abilities are matched to the characteristics and requirements of a particular job.  Individuals with person-job fit enjoy working with people and communicate persuasively, warmly, and tactfully.Whereas, a person-organization fit ensures that an individual's skills, knowledge, and abilities match the organization's culture.A person with a person-organization fit is organized, loyal, and hard-working. The persons with organization fit enjoy working in the organization more than the individuals working within the organization.

What is Holland's Typology of Personality?

Holland identified the following six personality types within suitable working settings:

Realistic (R) Investigative (I) Artistic (A) Social (S) Enterprising (E) Conventional (C).

Thus, using these personality types, Holland implies that a career-seeker can be matched to an appropriate job depending on their personality and interests.

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