This topic contains a solution. Click here to go to the answer

Author Question: Velocity can be defined as: a. the turnover rate of money b. the speed at which economic activity ... (Read 86 times)

Mr. Wonderful

  • Hero Member
  • *****
  • Posts: 866
Velocity can be defined as:
 a. the turnover rate of money
 b. the speed at which economic activity takes place.
  c. the speed at which multiplier effect takes place.
  d. the speed at which tax cuts are spent.

Question 2

Which of the following stands true for factors that affect changes in productivity across countries and over time?
 a. It is more difficult to measure changes in the quality of goods than changes in the quality of services.
  b. As energy prices go up, energy-efficient capital goods become obsolete.
  c. It is believed that productivity grows more slowly in manufacturing industries than in services, because of the less labor-intensive nature of manufacturing industries.
  d. The key to efficient production is the allocation of resources to their best use.
  e. The greater the productivity, the more efficient the allocation of resources, and the less developed a country's financial market would be.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

yotaSR5

  • Sr. Member
  • ****
  • Posts: 331
Answer to Question 1

a

Answer to Question 2

d




Mr. Wonderful

  • Member
  • Posts: 866
Reply 2 on: Jun 30, 2018
Wow, this really help


sultana.d

  • Member
  • Posts: 320
Reply 3 on: Yesterday
:D TYSM

 

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?

Multiple experimental evidences have confirmed that at the molecular level, cancer is caused by lesions in cellular DNA.

Did you know?

Pregnant women usually experience a heightened sense of smell beginning late in the first trimester. Some experts call this the body's way of protecting a pregnant woman from foods that are unsafe for the fetus.

Did you know?

Hippocrates noted that blood separates into four differently colored liquids when removed from the body and examined: a pure red liquid mixed with white liquid material with a yellow-colored froth at the top and a black substance that settles underneath; he named these the four humors (for blood, phlegm, yellow bile, and black bile).

Did you know?

Chronic necrotizing aspergillosis has a slowly progressive process that, unlike invasive aspergillosis, does not spread to other organ systems or the blood vessels. It most often affects middle-aged and elderly individuals, spreading to surrounding tissue in the lungs. The disease often does not respond to conventionally successful treatments, and requires individualized therapies in order to keep it from becoming life-threatening.

For a complete list of videos, visit our video library