Productivity growth in quantitative importance
To what extent has enhanced in Canada’s real GDP been the result of more labour inputs? Of developing labour productivity? Describe the factors which contribute to productivity growth in order of their quantitative importance.
Expert
Productivity rising factors in descending order:
(a) Technological advance—the finding of new knowledge which results in the combining of resources in more productive ways.
(b) The quantity of capital.
(c) Education & training. Since the year of 1940 the proportion of those in the labour force with a high school education has doubled from 40 to 80 %. And those along with a college or university education contain more than doubled from under 10 % to over 20 %.
(d) Economies of scale and
(e) Developed resource allotment. Employees have been going out of lower productivity jobs to higher productivity jobs. Part of this is related with the enhanced efficiency frequently derived from production in larger plants, wherein specialization of labour and productivity-increasing methods is possible.
Normal 0 false false
Why is the coefficient of variation frequently a better risk measure while comparing different projects than the standard deviation?Whenever we desire to compare the risk of investments which have different means, we employ the coefficient of va
May Revision: The annual update to the Governor’s Budget having a revised estimate of General Fund revenues for the present and ensuing fiscal years, any proposals to adjust expenditures to reflect the updated revenue estimates,
What is in store for banking consolidation? Merger activity is a natural procedure by which companies make themselves more efficient and better capable to compete for customers. The banking industry is no exception
Fund: A lawful budgeting and accounting entity which offers for the segregation of moneys or other resources in the State Treasury for obligations in accordance with particular restrictions or limitations. A separate set of accounts should be maintain
Describe GATT, and its goal? GATT is the General Agreement on Tariffs & Trade. This is a treaty that seeks to decrease trade barriers among participant nations.
TVM Appendix B: Using the TI-83/84 Time Value of Money Problems on a Texas Instruments TI-831 Before you start: To calculate problems on a TI-83, you have to go into the applications menu, the blue “APPS” key on the calculator. Several
Availability Period: The time period throughout which an appropriation might be encumbered (that is, committed for expenditure), generally specified by the law making the appropriation. When no particular time is given in financial legislation, the pe
18,76,764
1957725 Asked
3,689
Active Tutors
1429372
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!