Question: a. From the options below, which choose and explain which shows the largest productivity growth (/). i) Wage Bill = 50, GDP = 80, growth

a. From the options below, which choose and explain which shows the largest productivity growth (/).

i) Wage Bill = 50, GDP = 80, growth of GDP = 8%, growth of capita = 4%, growth of labor = 4%

ii) Wage Bill= 40, GDP = 80, growth of GDP = 8%, growth of capital= 8 % and growth of labor=8%

iii) Wage Bill = 40, GDP = 80, growth of GDP = 8%, growth of capital = 8% and growth of labor = 4%

iv) Wage Bill = 40, GDP = 80, growth of GDP = 4%, growth of capital = 8% and growth of labor = 4%

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Economics Questions!

Q:

Solve the equation symbolically. Then solve the related inequality. 1 - X

Q:

1) How would you respond to the argument that it is impossible to judge how successful a project like this one would have been unless you actually do it? 2) Take a position, either pro or con, on...

Q:

Why is data mining important?

Q:

=+25. Computer chip manufacturing. MediaChip manufactures computer chips specifically for MP3 players. The process uses sophisticated lasers to imprint several hundred chips

Q:

When Teris outside basis in the TMF Partnership is $80,000, the partnership distributes to her $30,000 cash, an account receivable (fair market value of $60,000, inside basis to the partnership of...

Q:

A manufacturer reports the following information on its product. Compute the target selling price per unit under absorption costing

Q:

It is common for movie theaters to charge lower admissions for children than for adults, but theaters do not charge children and adults different prices for popcorn and soft drinks. Provide at least...

Q:

THE LABOUR RELATIONS ACT 66 OF 1995 AND MRS BELLE The Labour Relations Act 66 of 1995 (LRA) aims to promote economic development, social justice, labour peace and democracy in the workplace. It is...

Q:

"Saeed Al-Ghamdi" is the third employee to enter your office today, expressing his objection to the promotion of "Abdullah Ahmed" to a supervisory position, even though he only spent one year in the...

Q:

Loyalty to the organization is the paramount duty. It requires the individual to put the interests of the corporation before self-interest. Specifically, no director is permitted to gain personally,...

Q:

M&M Company manufactures a single product the claud . the following budgeted figures relate to the claud for one year period. Sales & production (units) 800 Sales $16,000 Production Costs: Variable...

Q:

You delegated the development of dessert recipe cards to Bobby. Bobby has completed the dessert cards ready for the deadline of March 10 th . Bobby has met with you to go through the dessert....

Q:

Question 19 (3 points) Listen Thames Inc.'s most recent dividend was $2.5 per share (Do = $2.5). The dividend is expected to grow at a rate of 4% per year. The risk-free rate is 3% and the return on...

Q:

Why is deadlock state more critical than starvation? Describe resource allocation graph with a deadlock, with a cycle but no deadlock.

Q:

Saccharin is an artificial sweetener that is used in diet beverages. In order for it to be metabolized by the body, it must pass into cells. Below are shown the two forms of saccharin. Saccharin has...

Q:

7. A trader executes a bear spread on the Japanese yen consisting of a long 103 March put and a short 101 March put. (a) If the price of the 103 put is 2.81(100ths of / ), while the price of the 101...

Q:

3. What currency options contracts are currently traded on the PHLX?

Q:

4. What are the implied volatilities of the euro and the Japanese yen over the past week and month? Are implied volatilities generally higher or lower for longer maturity contracts? Explain.