Development accounting: If a country's physical and human capital both double over the course of 100 years, and outputincreases by a factor of 2, by what factor does productivity increase during this time? Let the variable a = 1/3.Productivity has decreased because it has not increased.None of these answers are correct.This is a trick question. Productivity has stayed the same over time!Productivity has also increased by a factor of 2.|0000

Development AccountingThe key points here are:1. Physical and human capital both double over 100…

Answered: Development accounting: If a country's…

Principles Of Marketing

17th Edition

ISBN:9780134492513

Author:Kotler, Philip, Armstrong, Gary (gary M.)

Publisher:Kotler, Philip, Armstrong, Gary (gary M.)

Chapter1: Marketing: Creating Customer Value And Engagement

Section: Chapter Questions

Problem 1.1DQ

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(3) How to interpret relationship between changes of GDP growth rate and unemployment rate? Now go to your notes (slides). Is the relationship you plotted similar as the Okun's Law predicts? Suppose you got a relation as GDP = a + b * UNemp, Are the coefficients of a and b are close to the value of Okun's Law? (4) Now repeat the plot you did in part (2) above. However, this time you use the sample only from 2000 to 2019. Any change to the relationship? How is the value of a and b in this sample?
When an economy is at the peak of the business cycle. O a. GDP level will be low O b. GDP remains unchanged GDP starts falling Od. GDP level will be high
Imagine that the AD curve intersects the AS curve in the Neoclassical Region and that the price of oil increases dramatically. What happens to the level of employment? Group of answer choices (A) It goes up. (B) It goes down. (C) It stays the same.
Q1 (b) The Philips curve claims that with economic growth comes inflation, but only in the short run, which in turn should lead to more jobs and less unemployment. Write and apply the concept of Philips curve in the context of developing countries.
Examine the data on unemployment and GDP rate for country A and Country B i) Identify the relationship between GPD and unemployment rate (if any positive, negative, no relationship) Use the data to justify your choice.
Often, more than one kind of shock hits the economy at once. When this happens, the different shocks could push inflation (or real growth) in different directions in the short run, leaving the final short-run result ambiguous. What is most likely to happen to inflation and real output growth in the following cases: Will they rise or fall, or can't you tell with the information given? A) A nation's scientists invent many new internet search tools, raising current productivity and making investors optimistic about future investments as well. B) A government raises taxes and its economy experiences a year of excellent weather for growing crops. C) Oil prices skyrocket and the central bank slows the rate of money growth.
1- HIGHLINE FINANCIAL SERVICES, LTD. CASE Financial Services provides three categories of service to or promotion, and competition doesn't change, predict demand dients. Managing partner Freddie Mack is getting ready to pre- for the services the company offers for the next four quarters: 2-Examine the demand that this company has experienced for the three categories of service it offers over the preceding two years. Assuming nothing changes in terms of advertising or promotion , and competition doesn't change , predict-demand for the services the company offers for the next four quarters . Note that there are not enough data to develop seasonal relatives. Nonetheless , you should be able to make reasonably good , approximate , intuitive estimates of demand. What general observations can you make regarding demand ? Should Freddie have any concerns ? Explain.
IF 4a The US has experienced large and growing current account deficits for more than 20 years, whereas Japan has experienced large and growing current account surpluses for roughly the same period. The US economy has grown at faster rates than Japan’sover the past 10 years. a. Use the relationship between the current account and GDP to explain the difference in growth rates between the two economies.
Given the following payoff table with the profits ($m), a firm might expect in a foreign country for alternative factory investments (x,y and z) under different levels of inflation. States of nature- Amount of inflation payoffs as profits decision alternatives Build Factory X Build factory Y Lease Plant Z 10 40 10 A= 2% 30 50 40 B=5% 50 60 80 C=10% Assume now that the pay offs are COSTS answer the following: 120 70 10 D=15% Using a minimax regret approach, which option would you choose? Using the same probabilities of of 0.2,0.3,0.40 and 0.10 for possible inflation levels A, B, C and D respectively, which decision alternative will minimise the expected cost? What is the expected annual cost associated with that recommendation? What is the most the firm should be willing to pay to obtain further (perfect) information (EVPI)?
If Australia’s economic growth rate is slower relative to other countries’ economic growth rates, this will ________. 1. move the economy up along a stationary aggregate demand curve 2. move the economy down along a stationary aggregate demand curve 3. shift the aggregate demand curve to the right 4. shift the aggregate demand curve to the left.
To maintain a balanced budget during a recession, what should the government do? Decrease taxes, increase transfer payments, and/or decrease government spending Decrease taxes, decrease government spending, and/or decrease transfer payments )Increase taxes, increase spending, and/or increase transfer payments Increase taxes, decrease transfer payments, and/or decrease government spending.
Please I need it very urgentlyyy four short answer questions and (max 60 words) to the field right after each question 1-Why do poor countries often exhibit much stronger growth rates than rich countries? 2-Explain why,in a closed economy, S=I. 3-Explain the difference between the real and nominal exchange rate. 4-What is the GDP per capita and why is it useful in measuring differences in living standards between different countries?

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