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.
Normal 0 false false
Describe how utilizing a risk-adjusted discount rate develop capital budgeting decision making compared to utilizing a single discount rate for all projects? The risk-adjusted discount rate develop capital budgeting decision making compared to t
Fund Balance: For accounting aims, the excess of a fund’s assets over its liabilities. And for budgeting aims, the surplus of a fund’s resources over its expenses.
What influence have mergers had on fees assessed for retail bank services? The effect is not clear. Market conditions and the level of competition often determine the cost for retail bank services.
CALSTARS: The acronym for the California State Accounting and Reporting System that is the state's primary accounting system. Most of the departments presently use CALSTARS.
Bond Funds: For legal basis budgeting aims, funds utilized to account for the receipt and disbursement of non-self liquidating common obligation bond proceeds. Such funds do not account for the debt retirement as the liability made by the sale of bond
Year of Budget (YOB): In this the fiscal year revenues and expenses are recognized. For revenues, this is usually the fiscal year whenever revenues are earned. For expenses, this is usually the fiscal year whenever obligations, compri
Character of Expenditure: A classification recognizing the major purpose of expenditure, like State Operations, Local Assistance, Capital Outlay, or Unclassified.
Explain the impact on India on Global Economic crisis ?
18,76,764
1930849 Asked
3,689
Active Tutors
1453196
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!