--%>
Assignment Help - homework help

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 : Knowing the Property Rights Fee-simple

    Fee-simple property rights comprise the right to: (1) Demolish things you own, sell them, or confer them away.  (2) Duplicate a copyrighted work by paying the small fee. (3) Picnic in such publicly-owned facilities like national parks. (4) Employ

    		•
  • Q : Household consumer in a circular flow

    Can someone help me in finding out the right answer from the given options. In a simple circular flow model, economists classify the people who finally experience joy or suffer pain, consume goods, own resources, and who accept the burdens of inflatio

    		•
  • Q : Explain invisible hand of Adam Smith

    The “invisible hand” of Adam Smith described: (w) a large role for the government. (x) altruist motives in civilized society. (y) technological advances promoted throguh monopolies. (z) self-correcting market mechanisms.

    		•
  • Q : Influencing goods in Economic Growth I

    I have a problem in economics on Economic Growth. Please help me in the following question. Across time, raising the output of military goods devoid of decreasing the output of civilian goods is: (1) Always unfeasible. (2) Impossible in an economy with very high unemp

    		•
  • Q : Economic equity consideration in

    Economic equity considered as to: (1) financial settlements of court cases. (2) the balance of national trade. (3) questions of the fairness of several economic arrangement. (4) passing hidden costs upon to consumers. (5) the gross value of any stocks

    		•
  • Q : Savings as big investment The Economic

    The Economic growth in a proficient economy will tend to increase when: (1) Capital quickly depreciates and becomes obsolete. (2) Threats of war divert resources to the national defense. (3) People’s savings increase to permit bigger investment. (4) Funds for re

    		•
  • Q : Occurrence problem of Economic

    Economic inefficiency is most obviously a problem while: (i) Elmer hates Alpo but eats this so he can afford a cheap daily bottle of Gertrude's Hi Test Wine. (ii) Emma forgot to turn off the water and this runs down the street in a storm sewer six blo

    		•
  • Q : Occurrence Net economic investment for

    I need a good respond on the topic of Economic problems. So, please give me your suggestion that for the economy Net economic investment as an entire occurs while: (i) Romance novelist Portia Palpitates buys a $4 r

    		•
  • Q : Influence of economic good in

    An economic good is everything for that: (w) increased consumption increases people's satisfaction. (x) entrepreneurship, land, labor and capital are needed. (y) an economic bad is its physical opposite. (z) producers obtain profits in place of losses

    		•
  • Q : Example of distributive efficiency in

    I found a seashell which you would truly like to have, and you determined a coconut that I would truly like to include. Trading your coconut for my seashell would improve: (i) allocative efficiency. (ii) productive efficiency. (iii) distributive efficiency. (iv) quali

    		•