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

Author Question: The use of large amounts of labor relative to capital in an economy indicates: a. labor-intensive ... (Read 148 times)

jCorn1234

  • Hero Member
  • *****
  • Posts: 545
The use of large amounts of labor relative to capital in an economy indicates:
 a. labor-intensive production.
 b. capital-intensive production.
 c. that wage rates will be relatively high.
 d. that hand-made goods are of better quality than machine-made goods.

Question 2

Private saving equals:
 a. Y - C - T + TR
  b. Y + C + T + TR
  c. Y + C + T - TR
  d. Y + C - T - TR



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

shaikhs

  • Sr. Member
  • ****
  • Posts: 312
Answer to Question 1

a

Answer to Question 2

a




jCorn1234

  • Member
  • Posts: 545
Reply 2 on: Jun 30, 2018
Wow, this really help


DylanD1323

  • Member
  • Posts: 314
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

In the ancient and medieval periods, dysentery killed about ? of all babies before they reach 12 months of age. The disease was transferred through contaminated drinking water, because there was no way to adequately dispose of sewage, which contaminated the water.

Did you know?

The National Institutes of Health have supported research into acupuncture. This has shown that acupuncture significantly reduced pain associated with osteoarthritis of the knee, when used as a complement to conventional therapies.

Did you know?

Once thought to have neurofibromatosis, Joseph Merrick (also known as "the elephant man") is now, in retrospect, thought by clinical experts to have had Proteus syndrome. This endocrine disease causes continued and abnormal growth of the bones, muscles, skin, and so on and can become completely debilitating with severe deformities occurring anywhere on the body.

Did you know?

Many people have small pouches in their colons that bulge outward through weak spots. Each pouch is called a diverticulum. About 10% of Americans older than age 40 years have diverticulosis, which, when the pouches become infected or inflamed, is called diverticulitis. The main cause of diverticular disease is a low-fiber diet.

Did you know?

Alzheimer's disease affects only about 10% of people older than 65 years of age. Most forms of decreased mental function and dementia are caused by disuse (letting the mind get lazy).

For a complete list of videos, visit our video library