Secret to producing more consumption goods in the future

Assignment Help Microeconomics
Reference no: EM13692606

The secret to producing more consumption goods in the future is

a) Producing more consumption goods today so that they can be saved for future use.

b) Producing more consumption goods and using them up quickly.

c) Producing less investment goods today.

d) Producing less consumption and more investment goods today.

e) Expanding consumption of goods today.

Reference no: EM13692606

Questions Cloud

Calculate each countrys productivity and real gdp per person : Country A has a population of 1,000, of who 800 work 8 hours a day to make 128,000 final goods. Country B has a population of 2,000, of who 1,800 work 6 hours a day to make 270,000 final goods.
Production possibilities curve with aggregate measure : Draw a production possibilities curve (PPC) with an aggregate measure of medical services Q, on the horizontal axis and an aggregate measure of all other goods and services, Z on the vertical axis. Discuss the implications of the following changes on..
The price elasticity of demand : The price elasticity of demand, The deadweight loss that is due to a tax, The measure of the sensitivity of the quantity demanded of one good to a change in the price of another good is ________ elasticity.
Consumer theory : What are the assumptions we need to have for our Utility Maximization model (Consumer theory)? And discuss when each assumption does not hold, how can it make the whole model collapse?
Secret to producing more consumption goods in the future : The secret to producing more consumption goods in the future is
Suppose worker productivity increased at the rate : Suppose worker productivity increased at the rate of 1.9% per year. If the Labor force grew by 1.5% per year, what rate of increase in RGDP would be sustainable without increasing inflation pressure?
What happen for him to consume both products simultaneously : Assume that Dr. Slight has $100 to spend on goods X and Y. Each good costs $1. Dr. Slight’s preferences are such that he will exchange one unit of Y for two units of X to maintain his wellbeing, regardless of how much of each he is currently consumin..
What is equilibrium price and quantity of bonds in market : What is the equilibrium price and quantity of bonds in this market? What is the interest rate in this market, given your answers above?
What is the bond interest rate : Shannon purchases a bond for $1,142.38. The bond matures in 3 years, and she will redeem it at its face value of $1,200. Interest premiums are paid annually. If Shannon will earn a yield of 5%/year compounded yearly, what is the bond interest rate?

Reviews

Write a Review

Microeconomics Questions & Answers

  Q

question 1suppose x n30 144 and wn40225.a. if x and w are

  Household better or worse off with the higher interest rate

w suppose that the interest rate falls to 50%, and the household decides not to borrow or lend at alll. Is the household better off or worse off with the higher interest rate?

  The reason for that is to develop goodwill to increase

sometimes a bidder on a work contract may bid lower than what would maximize hisher profit from the contract and the

  Net investment-structural unemployment a greater problem

If Net Investment = 0 that means that we have neither lost nor gained capital in a given year. What is wrong with that? Why is structural unemployment a greater problem for older workers than it might be for younger workers? Economic growth is not re..

  Information about incremental cost

A manager at strateline manufacturing much choose between twoshipping alternatives: two day freight and five-day freight. Using five day freight would cost $135 less than using two day frieght.

  What kinds of costs are involved in making a decision

Why might a profitable motel shut down in the long run if the land on which it is located becomes extremely valuable due to surrounding economic development What kinds of costs are involved in making a decision to shut down

  According to the quantity theory of prices and money

According to the quantity theory of prices and money, a five percent change in the money supply, holding other variable constant, leads to

  To be specific assume we have the two-period modelnbspgraph

to be specific suppose we have a two-period model. an individual earns labor income y0 100k at time zero and earns no

  What happened to leontief paradox-human capital embodied

What happened to the Leontief paradox and human capital embodied in US exports was accounted for as a separate factor of production? Does this help to describe why college graduates my favourite international trade more than those would significantly..

  1your division is considering the purchase of a cramit

1your division is considering the purchase of a cramit packaging machine for 200000. you project that the operating and

  Examine the international monetary fund

Examine the International Monetary Fund

  Question about demand and supply changes

Most of us participate in the economy every day. As households, we can provide labor to companies or government in the input market and we are also consumers of goods and services in product market.

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