subject
Business, 21.04.2020 17:24 smartperraorwhateva

Consider the economies of Blahnik and Gribinez, both of which produce gobs of goo using only tools and workers. Suppose that, during the course of 10 years, the level of physical capital per worker rises by 4 tools per worker in each economy, but the size of each labor force remains the same. Complete the following tables by entering productivity (in terms of output per worker) for each economy in 2014 and 2024.BlahnikPhysical Capital Labor Force Output ProductivityYear (Tools per worker) (Workers) (Gobs of goo) (Gobs per worker)2014 11 30 3,000 2024 15 30 3,600 GribinezPhysical Capital Labor Force Output ProductivityYear (Tools per worker) (Workers) (Gobs of goo) (Gobs per worker)2014 8 30 2,400 2024 12 30 3,600 Initially, the number of tools per worker was higher in Blahnik and Gribinez. From 2014 to 2024, capital per worker rises by 4 units in each country. The 4-unit change in capital per worker causes productivity in Blahnik to rise by a _ amount than productivity in Gribinez. This illustrates the concept of _, which makes it _ for countries with low output to catch up to those with higher output.

ansver
Answers: 1

Other questions on the subject: Business

image
Business, 21.06.2019 19:00, luey7990
What does the consumer price index measure? a. the change in prices of all goods and services over time b. the change in prices of specific goods and services over time c. the change in prices of final goods and services over time
Answers: 3
image
Business, 22.06.2019 12:10, lucyamine0
Compute the cost of not taking the following cash discounts. (use a 360-day year. do not round intermediate calculations. input your final answers as a percent rounded to 2 decimal places.)
Answers: 1
image
Business, 22.06.2019 13:30, CristianPaz
Presented below is information for annie company for the month of march 2018. cost of goods sold $245,000 rent expense $ 36,000 freight-out 7,000 sales discounts 8,000 insurance expense 5,000 sales returns and allowances 11,000 salaries and wages expense 63,000 sales revenue 410,000 instructions prepare the income statement.
Answers: 2
image
Business, 22.06.2019 20:00, Cklug2520
If a government accumulates chronic budget deficits over time, what's one possible result? a. a collective action problem b. a debt crisis c. regulatory capture d. an unfunded liability
Answers: 2
You know the right answer?
Consider the economies of Blahnik and Gribinez, both of which produce gobs of goo using only tools a...

Questions in other subjects:

Konu
Social Studies, 17.10.2020 09:01
Konu
Mathematics, 17.10.2020 09:01