« previous next »

Author Question: Neutral technological progress occurs when a. higher output levels are achieved with the same ... (Read 192 times)

hbsimmons88

  • Hero Member
  • *****
  • Posts: 526
on: Jun 30, 2018
Neutral technological progress occurs when
 
  a. higher output levels are achieved with the same quantity and combinations of factor inputs.
  b. higher output levels are achieved by more capital intensive methods.
  d. higher output levels are achieved by more labor intensive methods.
  e. higher output levels are achieved.

Question 2

How would you describe the consensus of economic thinking on anti-inflationary policies?
 
  What will be an ideal response?


meryzewe

  • Sr. Member
  • ****
  • Posts: 346
Reply #1 on: Jun 30, 2018
Answer to Question 1

A

Answer to Question 2

The basic issue is that money plays a central role. A specific country's economic and political situation may require heterodox measures to control runaway inflation, but these are likely to fail without demand (and money supply) restraint.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

The average older adult in the United States takes five prescription drugs per day. Half of these drugs contain a sedative. Alcohol should therefore be avoided by most senior citizens because of the dangerous interactions between alcohol and sedatives.

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

Did you know?

Prostaglandins were first isolated from human semen in Sweden in the 1930s. They were so named because the researcher thought that they came from the prostate gland. In fact, prostaglandins exist and are synthesized in almost every cell of the body.

Did you know?

Ether was used widely for surgeries but became less popular because of its flammability and its tendency to cause vomiting. In England, it was quickly replaced by chloroform, but this agent caused many deaths and lost popularity.

Did you know?

When Gabriel Fahrenheit invented the first mercury thermometer, he called "zero degrees" the lowest temperature he was able to attain with a mixture of ice and salt. For the upper point of his scale, he used 96°, which he measured as normal human body temperature (we know it to be 98.6° today because of more accurate thermometers).

Relationship between levels of COHb in blood and concentration of CO in the surrounding air Relationship between levels of COHb in blood and concentration of CO in the surrounding air
Levels of protein structure: Primary structure Levels of protein structure: Primary structure
A typical distillation curve. Heavier molecules evaporate at higher temperatures and contain more ... A typical distillation curve. Heavier molecules evaporate at higher temperatures and contain more ...
A typical accelerator pedal position (APP) sensor, showing two different output voltage signals ... A typical accelerator pedal position (APP) sensor, showing two different output voltage signals ...
The major cortical input and output pathways of the posterior parietal association cortex. Shown are ... The major cortical input and output pathways of the posterior parietal association cortex. Shown are ...
Levels of organization in striated muscle Levels of organization in striated muscle
Video: Embryonic development - Week 3

For a complete list of videos, visit our video library