--%>

Determine level of productivity in this economy

Assume that the hypothetical economy had the given relationship among its real domestic output and the input quantities essential for producing that level of output:

684_relation of hypothetical economy.png

Determine level of productivity in this economy?

 

 

E

Expert

Verified

Productivity will be 2.67r (= 300 / 112.5).

   Related Questions in Finance Basics

  • Q : Describe advantages and the

    Describe advantages and the disadvantages of new stock issue? A new stock issue increase funds and decreases the riskiness of the firm. This also tends to send a negative signal to the market as many investors believe a company would just sell

  • Q : Financial Account & International fund

    Question: The Financial Account captures international fund flows due to i._____. ii. Briefly Explain? Answer: (i)    Purchase and selling of assets (ii)   The Financial Account captures th

  • Q : State time dimensions State time

    State time dimensions of the income statement, the balance sheet, and the statement of cash flows?  Describe. The income statement is such as a video: This measures a firm's profitability on a period of time (that can be a week, a

  • Q : Describe the fact of common

    Normal 0 false false

  • Q : What is an Initiative Initiative : The

    Initiative: The power of electors to propose statutes or Constitutional amendments and to accept or reject them. An initiative should be limited to a single subject and be filed with the Secretary of State with the suitable number of voter signatures

  • Q : Illustrate a market of fictitious

    Illustrate a market wherein the equilibrium dollar price of one unit of fictitious currency Zee is $5 (the exchange rate is $5 = Z1). Then illustrates on your diagram a decline in the demand for Zee. a. Referring to this diagram, d

  • Q : Describe NAFTA Normal 0 false false

    Normal 0 false false

  • Q : Describe primary reasons that companies

    Describe primary reasons that companies hold cash? Companies hold cash to make essential payments, to take benefit of opportunities as they arise, and to cover unforeseen emergencies.

  • Q : The official unemployment rate Normal 0

    Normal 0 false false

  • Q : What can financial institution do for a

    What can a financial institution frequently do for a deficit economic unit (DEU) which it would have complexity doing for itself if the DEU were to deal directly with an SEU?SEUs typically desire to supply a small amount of funds, while DEUs typ