is an example of T OA. Writer Lawrence Hill; labour OB. An airport security guard; entrepreneurship C. Mount Waddington; land OD. A farmer's field; capital
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- 16. A person who returns to school to improve her computer skills is an example of an increase in physical capital. financial capital. the labour force. technological capital. human capital.Prior to the invention of laptops and the software on the laptop, people would use a typewriter. An average person could spend 10 hours typing a term paper on a typewriter that today would take 1 hour. This is a. an increase in the physical capital per person b. A decrease in the physical capital per person c. A decline in productivity d. none of the aboveEach of the following is generally considered to be a factor of production EXCEPT- capital money technical knowledge labor
- INSTRUCTION Given the following data for the year 2020, compute for the: Birth rate Death rate Maternal mortality rate Fertility rate Infant mortality rate GIVEN: Live births = 300 infants Still births = 5 infants Deaths before 1 month old= 15 infants Women in their reproductive age = 2,000 women Total Population = 10,000 people Deaths = 100 people (across all age groups)Economist believe there is a strong correlation between productivity and the standard of living. Why is this sodescribe the following1) enterprise2) Labour3) land
- 19) Which of the following is an investment in human capital? A) The city government green lights the construction of a new concert arena. B) Rayburn Tool and Die Company purchases a new die-cutting machine. C) Displaced workers return to school to update their skills. D) Thompson Temp Agency replaces its desktop computers with laptop computers. 20) Which of the following is an investment in human capital? A) An individual decides to enroll in a vocational training program. B) A firm engages in on-the-job training. C) The government expands its programs to improve health care. D) all of the above 21) Embodied technical change results in A) an increase in physical capital. B) disembodied technical change. C) an improvement in the quality of capital. D) a decrease in labor productivity. 22) Disembodied technical change is one reason why A) human capital is more valued in an economy than physical capital. B) the quality of capital had decreased.…The difference between output (production) and productivity is * output measures the level of production while productivity measures production per input productivity measures only the level of production while output measures production per input production and productivity are the same thing none of the abovewages and prices are which hellps the economy get back to potential GDP a- increasin technology b- increasing physical capita c- flaexible d- increasin human capital
- The labor force is comprised of a)the total number of working age people b) the total number of employed people C) the total population in an economy d) the total # of people who are employed or unemployedHow impact the below factors for Secondary Education, General Pupils in Austria and United Kingdom ? (Both are European countries) * Government expenditure on secondary education * Gross domestic savings (% of GDP) * Labour force p.s. : not an essay, answer onlyDescribe the concept of a group as a single economic unit. NB: Answer question in two to three paragraph
