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- What are the three economic sectors? Provide explanations and examples for each. How does the United States being a tertiary sector economy impact your personally? Please answer in 250 wordsIn macroeconomics, the connection from inputs to outputs forthe entire economy is called _______________. a)physical capital b)a production function c)human capital d)an aggregateproduction functionG, 1 Economics
- Most of the jobs that were added to the American economy over the past thirty years were in which of the followingsectors?a. service and white-collarb. manufacturingc. miningd. skilled blue-collarWhy does the rate of return from education in surveys tend to lean bias upwards or downwards?define macro or micro economics ?
- Question : Large majorities in the 11 emerging and developing countries surveyed either own or share a mobile phone, and in every country it is much more common to own one’s own phone than to share it with someone else. In seven of these countries, half or more now use smartphones – and smartphone use is especially common among younger and more educated groups. As an economist how will you evaluate the income effect on technology?The main reason the cost of living varies acrossregions of the country is differences in the price ofa. food.b. clothing.c. housing.d. medical care.According to economists why do students tend to study?
