This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Two countries, Rhodia and Rubium, have identical production functions of the form: Y = A K0.25 ... (Read 24 times)

V@ndy87

  • Hero Member
  • *****
  • Posts: 571
on: Jun 30, 2018
Two countries, Rhodia and Rubium, have identical production functions of the form:
   Y = A  K0.25  H0.75
  Both countries have the same amount of capital stock and use the same technology.
 
  However, the total efficiency units of labor available in Rhodia is higher than that in Rubium. Which of the following is likely to be true in this case?
  A) The poverty rate in Rhodia is likely to be higher than that in Rubium.
  B) The gross domestic product of Rhodia is higher than that in Rubium.
  C) The gross domestic product of Rubium is higher than that in Rhodia.
  D) The Human Development Index of Rhodia is lower than that of Rubium.

Question 2

When one individual writes a check to another individual the money supply will not be changed.
 
  Indicate whether the statement is true or false
Macroeconomics ¦ Acemoglu, Laibson, List ¦ 3rd Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

jasonq

  • Sr. Member
  • ****
  • Posts: 335
Reply #1 on: Jun 30, 2018
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 29% of students answer this correctly


V@ndy87

  • Member
  • Posts: 571
Reply 2 on: Jun 30, 2018
Gracias!

TheDev123

  • Member
  • Posts: 332
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

The first oncogene was discovered in 1970 and was termed SRC (pronounced "SARK").

Did you know?

It is important to read food labels and choose foods with low cholesterol and saturated trans fat. You should limit saturated fat to no higher than 6% of daily calories.

Did you know?

The lipid bilayer is made of phospholipids. They are arranged in a double layer because one of their ends is attracted to water while the other is repelled by water.

Did you know?

Carbamazepine can interfere with the results of home pregnancy tests. If you are taking carbamazepine, do not try to test for pregnancy at home.

Did you know?

In the United States, an estimated 50 million unnecessary antibiotics are prescribed for viral respiratory infections.

Primary production increases with an increase in total phosphorus concentration. Primary production increases with an increase in total phosphorus concentration.
Example of Truth in Lending form. Example of Truth in Lending form.
Major components and functions of the nervous system. Major components and functions of the nervous system.
First-Pass Effect: Oral Drug Is Metabolized to an Inactive Form Before It Has an Opportunity to ... First-Pass Effect: Oral Drug Is Metabolized to an Inactive Form Before It Has an Opportunity to ...
How to evaluate functions when x is given How to evaluate functions when x is given
How to sketch a quadratic equation that is in standard form (Question 2) How to sketch a quadratic equation that is in standard form (Question 2)
Video: SNP Polymorphysim Microarray Chip - How to Test a Person's DNA

For a complete list of videos, visit our video library