--%>

Economic Capital and Per Capita Income

Assume that half of our world’s people, arbitrarily selected, were vaporized by space aliens or teleported to the parallel universe, however no other feature of life on our Earth was influenced. Avoiding any disruptions to families or psychological trauma this calamity might cause, the average economic well being of the survivors would: (1) Rise since of enhanced efficiencies related with the divisions of labor in production. (2) Reduction as of decreased specialization and exchange according to the comparative benefit. (3) Raise as of rises in the per capita accessibility of economic capital and land. (4) be unaffected as the total value of the world production would not be influenced in a expected direction. (5) Reduction as reductions in the total human capital on Earth.

   Related Questions in Public Economics

  • Q : Better off with less in economic

    Anything of that people would be better off with less is which from given issue: (1) economic surplus, (2) external cost, (3) economic bad and (4) adverse consequence. Hello guys I need your advice. Please recommend some idea for a

  • Q : Rational behavior in Economic Reasoning

    Please help me to solve the problem of Economic Reasoning that is given below: Rational behavior should be: (i) Consistent along with reaching an identified goal. (ii) Ethical behavior. (iii) Good

  • Q : Define the positive economics Please

    Please guys help me to solve out this problem that positive economics, which: (w) is accepted like true through all economists. (x) is less technical than normative economics. (y) involves statements which, when false, could be proven false. (z) addre

  • Q : Comunity engagement and education

    identify the modes employed in the management of comunity ECD programes in your community and explain them in the following lines 1 sole proprietorship and corporation 2 NGO mode 3 donor managed and ommunity owned

  • Q : Relative market prices and ratios of

    Jeremy Bentham would have been least familiar along with the concept such that: (1) criminals must be punished proportionally to the harm completed to society, without consideration of intention, remorse or motive. (2) consumers are in equilibrium whe

  • Q : Dealing of technical efficiency in

    Technical efficiency deals along with problems of: (w) Maximizing the value of production. (x) Curing inequity. (y) Concentrating wealth more totally. (z) Redistribution from rich to poor. Can anybody suggest me the proper explanat

  • Q : Payments to entrepreneurs in

    The payments to entrepreneurs are called as: (i) Profits increasing from bearing risk and uncertainty, innovating new products and organizing production as well as processes. (ii) Rental payments by extensive land holdings. (iii) Interest through loaning money. (iv) I

  • Q : Existence of economic inefficiency

    Economic inefficiency exists while there is: (1) A society suffers through economic inequity. (2) No approach for anyone to gain unless someone else loses. (3) Additional output could be generated at lower cost. (4) Maximum net benefits are acquired f

  • Q : When is an economic system economically

    An economic system is economically efficient when: (w) economic inequity has been removed. (x) any gains to someone through several possible rearrangement of goods or resources would need losses on the part of someone else. (y) more o

  • Q : Which principle is simplest workable

    The principle which the simplest workable theory is also the fine is termed as: (i) positive analytics. (ii) minimalism. (iii) Occam's razor. (iv) simple-mindedness. (v) hypothesis testing. I need a good answer on the topic of