« previous next »

Author Question: Suppose than an economy has output Y = A , that Y equals 42 trillion, capital K is 64 trillion, and ... (Read 63 times)

anshika

  • Hero Member
  • *****
  • Posts: 510
on: Jun 30, 2018
Suppose than an economy has output Y = A , that Y equals 42 trillion, capital K is 64 trillion, and labor L is 125 million workers. Given this information, what is the closest approximation of total factor productivity A?
 
  A) less than 0.01
  B) around 0.25
  C) roughly 0.33
  D) close to 0.4
  E) exactly 144

Question 2

The supply curve of loanable funds slopes up because
 
  A) at higher bond prices more loanable funds will be supplied.
  B) higher interest rates reduce the inflation rate.
  C) an increase in the interest rate makes lenders more willing and able to supply more funds.
  D) a decrease in the interest rate makes lenders more willing and able to supply more funds.


batool

  • Sr. Member
  • ****
  • Posts: 320
Reply #1 on: Jun 30, 2018
Answer to Question 1

D

Answer to Question 2

C


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

This year, an estimated 1.4 million Americans will have a new or recurrent heart attack.

Did you know?

Ether was used widely for surgeries but became less popular because of its flammability and its tendency to cause vomiting. In England, it was quickly replaced by chloroform, but this agent caused many deaths and lost popularity.

Did you know?

Patients who have undergone chemotherapy for the treatment of cancer often complain of a lack of mental focus; memory loss; and a general diminution in abilities such as multitasking, attention span, and general mental agility.

Did you know?

Malaria mortality rates are falling. Increased malaria prevention and control measures have greatly improved these rates. Since 2000, malaria mortality rates have fallen globally by 60% among all age groups, and by 65% among children under age 5.

Did you know?

Critical care patients are twice as likely to receive the wrong medication. Of these errors, 20% are life-threatening, and 42% require additional life-sustaining treatments.

Creating a Continental Economy Creating a Continental Economy
Migration and Global Economy Migration and Global Economy
U.S. Output and Productivity Growth, 1870–2007 U.S. Output and Productivity Growth, 1870–2007
Consider the production function ( ) 0.5 0.5 Y = AK L . Suppose both saving rate (s) and the ... Consider the production function ( ) 0.5 0.5 Y = AK L . Suppose both saving rate (s) and the ...
During a period of high power demand, the voltage output of the power company is reduced by ... During a period of high power demand, the voltage output of the power company is reduced by ...
Suppose a country imports televisions. The country's supply and demand curves are shown in ... Suppose a country imports televisions. The country's supply and demand curves are shown in ...
Video: Spinal Cord Injury Animation

For a complete list of videos, visit our video library