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 51 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
Great answer, keep it coming :)

marict

  • Member
  • Posts: 304
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

The Centers for Disease Control and Prevention has released reports detailing the deaths of infants (younger than 1 year of age) who died after being given cold and cough medications. This underscores the importance of educating parents that children younger than 2 years of age should never be given over-the-counter cold and cough medications without consulting their physicians.

Did you know?

If you could remove all of your skin, it would weigh up to 5 pounds.

Did you know?

GI conditions that will keep you out of the U.S. armed services include ulcers, varices, fistulas, esophagitis, gastritis, congenital abnormalities, inflammatory bowel disease, enteritis, colitis, proctitis, duodenal diverticula, malabsorption syndromes, hepatitis, cirrhosis, cysts, abscesses, pancreatitis, polyps, certain hemorrhoids, splenomegaly, hernias, recent abdominal surgery, GI bypass or stomach stapling, and artificial GI openings.

Did you know?

About 3% of all pregnant women will give birth to twins, which is an increase in rate of nearly 60% since the early 1980s.

Did you know?

The average adult has about 21 square feet of skin.

Small nuclear RNAs (snRNA), 100-200 bp in length, form part of the splicing mechanisms to process mR Small nuclear RNAs (snRNA), 100-200 bp in length, form part of the splicing mechanisms to process mR
Fossil remains of anatomically modern humans from the Czech Republic and from China (center crania) Fossil remains of anatomically modern humans from the Czech Republic and from China (center crania)
Advance Beneficiary Notice Form (ABN). Advance Beneficiary Notice Form (ABN).
Countries of Origin of Asian Americans Countries of Origin of Asian Americans
How to find the derivatives of hyperbolic functions How to find the derivatives of hyperbolic functions
Functions Functions
Video: Pericarditis

For a complete list of videos, visit our video library