Question: Describe the behavior training skills process. Apply the elements of evidence-based training to teach a target skill. Distinguish between performance and competency

Describe the behavior training skills process. Apply the elements of evidence-based training to teach a target skill. Distinguish between performance and competency

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=+would you predict for the following variables? a. The rate of growth of total income b. The level of income per worker c. The real rental price of capital d. The real wage

=+ b. In this economy, what is break-even investment (the amount of investment needed to keep capital per effective worker constant)?

=+price of capital equals total capital income divided by the capital stock, and the real wage equals total labor income divided by the labor force.)