Productivity growth in quantitative importance
To what extent has enhanced in Canada’s real GDP been the result of more labour inputs? Of developing labour productivity? Describe the factors which contribute to productivity growth in order of their quantitative importance.
Expert
Productivity rising factors in descending order:
(a) Technological advance—the finding of new knowledge which results in the combining of resources in more productive ways.
(b) The quantity of capital.
(c) Education & training. Since the year of 1940 the proportion of those in the labour force with a high school education has doubled from 40 to 80 %. And those along with a college or university education contain more than doubled from under 10 % to over 20 %.
(d) Economies of scale and
(e) Developed resource allotment. Employees have been going out of lower productivity jobs to higher productivity jobs. Part of this is related with the enhanced efficiency frequently derived from production in larger plants, wherein specialization of labour and productivity-increasing methods is possible.
Inventory is sometimes thought of as an essential evil. Describe. Inventory ties up funds and these are not earning an explicit return. Some inventory is frequently necessary, however, as companies attempt to hold the lowest acceptable amount.
Minor Capital Outlay: The construction projects or tools needed to finish a construction project, estimated to cost less than $600,000 bonus any escalation per Public Contract Code 10108.
Companies along with rapidly growing levels of sales do not require worrying about raising funds from outside the firm. Do you agree or disagree along with this statement? Describe. Disagree. Quickly growing firms require more assets to accom
The capital investment appraisal methods like NPV, IRR, ARR, PV and Time value of money have become irrelevant post Celtic Tiger. Due to the depth of the recession companies do not have budgets to invest. Explain? At first use this
Pooled Money Investment Account (PMIA) It is a State Treasurer's Office accountability account maintains by State Controller's Office to account for short-term investments procured by the State Treasurer's Office as designated by the Pooled Money Inve
Revenue: Any adding up to cash or other current assets which does not raise any liability or reserve and does not symbolize the reduction or recovery of expenditure (example, reimbursements or abatements). Revenues are a kind of receipt usually derive
Compare diversifiable and non diversifiable risk. Which do you think is more significant to financial managers within a business firms?Diversifiable risk can be dealt along with by, of course, diversifying. Generally non diversifiable risk is co
Supplement (Schedule 7A): In such documents, for precedent year, authorized positions symbolize the number of real positions filled for that year. For present year, authorized positions comprise all regular ongoing positions accepted in the Budget Act
what are the disadvantages of working capital
Describe pros and cons of commercial paper associated to bank loans for a company seeking short-term financing? Usually commercial paper is a cheaper source of short-term financing for a firm, compared to bank loans. Also, a larger amount of fu
18,76,764
1923264 Asked
3,689
Active Tutors
1459031
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!