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Author Question: Which of the following increases total factor productivity? A) investment in machinery B) a ... (Read 39 times)

tiara099

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on: Jun 30, 2018
Which of the following increases total factor productivity?
 
  A) investment in machinery
  B) a harsh winter
  C) better access to credit
  D) new production procedures

Question 2

Real GDP values current production at
 
  A) current year prices.
  B) the best estimate of next year's prices.
  C) the average of price levels over the entire sample period.
  D) base year prices.


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tsternbergh47

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Reply #1 on: Jun 30, 2018
Answer to Question 1

D

Answer to Question 2

D


tiara099

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Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

Joy Chen

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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