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Author Question: Two countries, Rhodia and Rubium, have identical production functions of the form: Y = A K0.25 ... (Read 21 times)

V@ndy87

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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
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jasonq

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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.
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V@ndy87

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Reply 2 on: Jun 30, 2018
Excellent

kusterl

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Reply 3 on: Yesterday
:D TYSM

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