Discuss the importance of productivity in an economy
Problem: Discuss the importance of productivity in an economy. Explain how education, research and development, and technology affect productivity.
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A conclusion of the theory of rational expectations is that the impact of discretionary fiscal polices designed to shift the aggregate demand curve will:
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What are the four supply factors of economics growth? What is the demand factor? hat is the efficiency factor? Please illustrate these factors in the terms of the production possibilities curve.
Discuss the importance of productivity in an economy. Explain how education, research and development, and technology affect productivity.
Question 1. What is the present state of the economy (e.g., GNP, per capita income, rate of economic growth, etc.)? Question 2. How much debt does your country have?
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In 2004, the number of people in the working-age population increased from 221.2 million to 223.4 million, while the labor force increased from 146.5 million to 147.4 million. By how much did the labor-force participation rate change?
Go to the National Bureau of Economic Research website, "Business Cycle Expansions and Contractions." From the data given in the table,
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