--%>

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 : Explain economics as the study of

    Economics is generally explained as the study of how societies and individuals: (1) make options about work and the division of labor, (2) try to maximize their financial wealth and incomes, (3) answer the fundamental economic questions of "Why, Where, and When", (4)

  • Q : Entails of a technical approach to

    A technical approach to economics entail: (1) positive questions since this cannot resolve normative matters. (2) normative questions since this cannot resolve positive matters. (3) positive and normative questions since this can resolve all matters.

  • Q : Economics as a region of study

    Economics like a region of study largely focuses upon: (1) class, power and status relationships. (2) Government policies to cure poverty. (3) Scarcity and decision making. (4) Accounting and financial relationships. (5) profit-maximizing business strategies.

  • Q : Global warming Can someone please

    Can someone please explain me that global warming, litter and pollution are all examples of...(v) produced goods, (w) by-products, (x) technological spin-offs, (y) errors in judgment and (z) economic bads. How can I solve my economics problems? Please

  • Q : Determine an example of net investment

    When gross investment is $100 billion whereas $10 billion of capital is worn out, in that case net investment is: (w) $90 billion. (x) $100 billion. (y) $110 billion. (z) not possible to calculate without more information.

    Q : Determine the requirements of

    Within broad economic terms "efficiency" needs: (w) an upward move within the production curve. (x) full employment. (y) it being not possible to make someone better off without creating someone else worse off. (z) producing cars with low gas consumption.

  • Q : Example of Normative Economic Goals

    Please help me to solve the problem of Normative Economic Goals that is given below: Almost everybody in the world would favor a normative economic aim that people all over must have: (i) high standards of living.

  • Q : When is Self-interest evident How can I

    How can I solve my following problem? Please suggest me the correct answer. Explain reason Self interest is evident while: (i) A mugger utilizes a $1 bullet upon his victim to take $100 by his wallet. (ii) Helen cr

  • Q : Behavior of deliberately act in

    Deliberately acting in a way which cannot attain a wanted goal is: (w) rational behavior. (x) random behavior. (y) irrational behavior. (z) maximizing behavior. Can anybody suggest me the proper explanation for given problem regard

  • Q : Wealthy entrepreneurs by perfectly

    Do you agree along with the adage such that "You cannot find rich working for somebody else"? Should successful entrepreneurs serve others to enrich themselves? Can wage earners acquire great wealth without investing? How may you test the accuracy of your answ