In someday Madison Laundry wamelted 4,000 pounds of laundry through 5 workers who each functioned 8 hrs. What was its productivity?
Which of the adhering to would rise productivity?a. human resources per workerb. physical funding per workerc. organic resources per workerd. All of the above are correct.
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boosts in the prices of international produced items that are offered to U.S. consumers show up in the CPI yet not in the GDP deflator.
boosts in the prices of domestically produced goods that are offered to the U.S. government show up in the GDP deflator yet not in the CPI.
Which of the following is constantly measured in prices from a base-year?a. both nominal and actual GDP.b. nominal yet not actual GDP.c. actual yet not nominal GDP.d. neither nominal nor genuine GDP.
Which of the adhering to constantly uses prices and amounts from the very same period?a. both nominal and genuine GDP.b. nominal GDP but not real GDP.c. real GDP but not nominal GDP.d. neither nominal or genuine GDP.
Which of the complying with statements about GDP is correct?a. GDP procedures two things at once: the complete income of everyone in the economy and also the full expenditure on the economy"s output of goods and also services.b. Money repetitively flows from family members to firms and also then ago to family members, and GDP procedures this circulation of money.c. GDP is generally pertained to as the best single measure of a society"s financial wellbeing.d. All of the above are correct.
the worth of items sold to foreigners surpassed the value of foreign items purchased in the time of the year.
When an Amerideserve to family purchases a bottle of Italian wine for $100,a. UNITED STATE usage does not change, U.S. net exports decrease by $100, and UNITED STATE GDP decreases by $100.b. U.S. intake does not adjust, U.S. net exports rise by $100, and U.S. GDP rises by $100.c. UNITED STATE intake boosts by $100, UNITED STATE net exports decrease by $100, and UNITED STATE GDP does not change.d. U.S. usage rises by $100, UNITED STATE net exports execute not change, and also U.S. GDP increases by $100.
c. U.S. consumption increases by $100, U.S. net exports decrease by $100, and U.S. GDP does not adjust.
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1. a U.S. citizen buys a dress made in Nepal by a Nepalese firm, thena. UNITED STATE intake rises, UNITED STATE net exports decrease, and also UNITED STATE GDP decreases.b. U.S. consumption boosts, UNITED STATE net exports decrease, and also UNITED STATE GDP is unaffected.c. U.S. usage decreases, U.S. net exports increase, and also UNITED STATE GDP boosts.d. U.S. consumption decreases, U.S. net exports boost, and also UNITED STATE GDP is unimpacted.
What the size of the federal budget deficit or excess would certainly be if the economy was at complete employment