Author Question: Related to the E conomics in Practiceon p. 624: According to a study cited in the Economics in ... (Read 145 times)

drink · **on:** Apr 19, 2019

Question 1

Higher energy prices in the 1970s ________ labor productivity because a great deal of investment went into transforming the existing capital stock into more energy-efficient forms.

◦ had no impact on
◦ slightly increased
◦ reduced
◦ more than doubled

Question 2

Related to the E
conomics in Practice on p. 624: According to a study cited in the
Economics in Practice, if a country is relatively far from the technological frontier of the rest of the world, what would be its best strategy?

◦ The government needs to keep helping its firms find the world frontier until the firms reach the frontier.
◦ The government should begin by offering incentives and encourage some risk taking.
◦ The government needs to help its firms find the world frontier, and then as firms approach the frontier, the government should offer incentives and encourage some risk taking.
◦ The government should adopt a hands-off approach and let the private sector bring the country to the world frontier.

cassie_ragen · **Reply #1 on:** Apr 19, 2019

A FREE account is required to view all solutions!

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 49% of students answer this correctly