This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Growth in total factor productivity equals the _____. a. sum of resource growth and economic growth ... (Read 124 times)

bclement10

  • Hero Member
  • *****
  • Posts: 560
on: Jun 30, 2018
Growth in total factor productivity equals the _____.
 a. sum of resource growth and economic growth
  b. ratio of total output to total input
  c. ratio of total input to total output
  d. percentage change in per capita real GDP
  e. percentage change in output minus the percentage change in resources

Question 2

If a price decrease leads to an increase in total revenue, demand must be:
 a. perfectly inelastic.
  b. relatively inelastic.
  c. relatively elastic.
 d. unit elastic.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

ktidd

  • Sr. Member
  • ****
  • Posts: 319
Reply #1 on: Jun 30, 2018
Answer to Question 1

e

Answer to Question 2

c


bclement10

  • Member
  • Posts: 560
Reply 2 on: Jun 30, 2018
Wow, this really help

laurnthompson

  • Member
  • Posts: 334
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Most strokes are caused when blood clots move to a blood vessel in the brain and block blood flow to that area. Thrombolytic therapy can be used to dissolve the clot quickly. If given within 3 hours of the first stroke symptoms, this therapy can help limit stroke damage and disability.

Did you know?

Asthma-like symptoms were first recorded about 3,500 years ago in Egypt. The first manuscript specifically written about asthma was in the year 1190, describing a condition characterized by sudden breathlessness. The treatments listed in this manuscript include chicken soup, herbs, and sexual abstinence.

Did you know?

It is believed that the Incas used anesthesia. Evidence supports the theory that shamans chewed cocoa leaves and drilled holes into the heads of patients (letting evil spirits escape), spitting into the wounds they made. The mixture of cocaine, saliva, and resin numbed the site enough to allow hours of drilling.

Did you know?

Sperm cells are so tiny that 400 to 500 million (400,000,000–500,000,000) of them fit onto 1 tsp.

Did you know?

Inotropic therapy does not have a role in the treatment of most heart failure patients. These drugs can make patients feel and function better but usually do not lengthen the predicted length of their lives.

Relationship between Economic Openness and GDP per Capita Relationship between Economic Openness and GDP per Capita
Decomposition of Productivity Gap Between India and the United States Decomposition of Productivity Gap Between India and the United States
Total parenteral nutrition through a catheter in the right subclavian Total parenteral nutrition through a catheter in the right subclavian
economic question economic question
economic question economic question
economic question economic question
Video: Dissociative Disorders (Part 1)

For a complete list of videos, visit our video library