Explain theory nd prediction of standford economic historian

Assignment Help Econometrics

Reference no: EM13212586

Assuming that the levels of human capital and technology are constant, each 1% rise in physical per worker raises output per worker by 0.33% Suppose that physical capital per worker rises by 1.5% in a given year. Which one of the following best reflects the resulting change in output per worker for that year? 1. 0.05% 2.4.55% 3. 1.17% 4. 0.50% Approxiamtely _____ [(1) 53% (2)47% (3)33%] of the increase in American labor productivity over 198 to 2007 can be explained by technological progress. the english economist thomas malthus made an incorrect prediction regarding long-run living standards. his error can largely be traced to the fact that the importance of natural resources as a factor in productivity [(1) was far greater historically (2)is greater presently]. which of the following best represents the theory and prediction of standford economic historian Paul David regarding inventions made over 1971 to 1986?

1. these inventions had little impact on productivity growth until innovators changed business methods to take advantage of them in the late 1990s.

2. desktop computers had an immediate impact on productivity growth when they were first widely manufactured.

3. soon after their development, such inventions could easily be adopted for optimal use for business.

4. e-mail had an almost immediate impact on productivity growth upon its invention.

Reference no: EM13212586

Questions Cloud

What range of prices do you estimate based on your analysis : What range of prices do you estimate based on your analysis in Reqs b-e and determine the enterprise value of CS and what is the total 2013 net income and interest payments

State the method of initial rates to determinet the rate law : Given the following data table, use the method of initial rates to determinet the rate law for the following reaction: A + B = C + D + E run: ro(M/s): [A]o: [B]o: [C]o: [D]o: [E]o:

What is the annual percentage rate of return : Corporations often distribute profits to their shareholders in the form of dividends, which are simply checks mailed out to shareholders. Suppose that you have the chance to buy a share in a fashion company called Rogue Designs for $35.

Explain capmhor melts has freezing point depressiom constant : has freezing point depressiom constant of 42.8 C/molal .if you mix 29.67 grams of camphor with 4.28 grams of triose (C18 H32 O11), wht will be the new melting point of the mixture

Explain theory nd prediction of standford economic historian : Assuming that the levels of human capital and technology are constant, each 1% rise in physical per worker raises output per worker by 0.33% Suppose that physical capital per worker rises by 1.5% in a given year. Which one of the following best re..

Determine the irreversible head loss of the valve : Water flows at a rate of 20 l/s through a horz pipe dia .03 m. The pressure drop across the valve in the pipe is measured to be 2 kPa. Determine the irreversible head loss of the valve, and the useful pumping power needed to overcome the resulting..

Determine the max height : The tank cover is airtight, and the pressure above the water surface is 2 atm gage. The system is at sea level. Determine the max height to which the water stream could rise.

Define why the compound carbon tetrachloride : explain why the compound carbon tetrachloride is completly nonpolar , depite having four polar bond whereas the compound

What would be the minimum coefficient of friction : If the curve were not banked, what would be the minimum coefficient of friction between tires and road that would keep traffic from skidding out of the turn when traveling at 85 km/h?

User Account

All Pages