Research and development and the level of technology

Assignment Help Microeconomics
Reference no: EM13498442

There are several important factors that determine a country's total factor productivity, the source of sustained increases in labor productivity; which then also increases the standard of living. There are the five factors that determine total factor productivity. This includes:

1. Research and development and the Level of Technology
2. Quality of Labor
3. Government and Social Institutions
4. Geography
5. The Financial System

In your own words, please provide a short sentence of the examples of each total factor productivity

Reference no: EM13498442

Questions Cloud

Identify a relevant general balance-related : Identify a relevant general balance-related and a transaction-related audit objective based on the finding from the risk factors in part b).
Increase in government spending : Increase in government spending
Determine which lance hits the other person first : You are standing at rest with respect to the earth holding a lance which you measure as 10 meters long and a knight traveling on horseback at .7c is holding a lance which he measures as 10 meters long. Which lance hits the other person first
Explain what temp would benzene boil : Benzene has a heat of vaporization of 30.72 kJ/mol and a normal boiling point of 80.1 degrees Celsius. At what temp would benzene boil when the external pressure is 470 torr
Research and development and the level of technology : Research and development and the Level of Technology
Explain nitrogen oxides undergo many interesting reactions : Nitrogen oxides undergo many interesting reactions in the environment and in industry. Given the following information, calculate capital deltaH for the overall equation
The important occupancy ratio is computed : The important Occupancy Ratio is computed
Explain what is the hydroxide ion concentration : At 25C, what is the hydroxide ion concentration, [OH-], in an aqueous solution with a hydrogen ion concentration of [H+]=2.7 x 10 ^ -6 M
Explain the mole fraction of species in the outlet stream : Oxygen and 100 moles of carbohydrate C12H22O11 per day are supplied to a continuous flow reactor. The species combust in the reactor. What is the mole fraction of each species in the outlet stream. What assumptions did you make about about the amo..

Reviews

Write a Review

Microeconomics Questions & Answers

  A traditional biography of these economists

1) We are not looking for a traditional biography of these economists, and we are not concerned about their place of birth, marriage(s), schooling, zodiacal symbols, favorite color or animal, except as that informs their work.

  Difference between internal and external stakeholders

Explain the difference between internal and external stakeholders. How should a project manager prioritize the needs of each group of stakeholders?

  Decrease in price of access

The steady increase in demand for home computers has resulted in the massive increase in demand for web access, yet, the price of access has been steadily declining.

  Licensure of physicians means that to some extent the

licensure of physicians means that to some extent the supply of physicians can be viewed as a vertical line. explain

  Was slavery necessary for the growth of the cotton industry

What was the relationship between cotton and the slave economy in the antebellum American South. was cotton expansion necessary for the continuation of slavery. Was slavery necessary for the growth of the cotton industry.

  Now explain failures related with each of the three

various strategies have been advocated and used to promote ldc development. identify and describe three major ldc

  Expanded growth in a certain portion of the city

2) Due to expanded growth in a certain portion of the city, a new waste truck capacity is needed. An additional truck can be purchased now to replace the presently owned assets. The city uses a 5% interest rate for project evaluation. It is eco..

  How would to consume if given a cash gift of equal value

In a situation in which a gift certificate leads a consumer to purchase a greater quantity of an inferior good than he or she would consume if given a cash gift of equal value. Is this always the case. Explain.

  Assignment is to economically analyze that product prepare

assignment is to economically analyze that product. prepare a powerpoint presentation of 3 slides that answers the

  Turning to a market economy

Developing countries in the "Global South" turned to socialism in the past as a means to solve their economic problems.

  Determine the companys pricing strategy for the new product

Demand for airline tickets fluctuates throughout the year, which affects the price of an airline ticket. Suggest the type of game that may be most appropriate for a specific airline to play to address the differences in demand and elasticity and t..

  Suppose that drug company can negotiate with us and foreign

assume that the drug company can negotiate with the us and foreign governments and thus tries to implement the two-tier

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd