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1.In 1968 and 1980, the United States economy experienced a slowdown in productivity incremental. However, since the mid 1980s, the economy has experienced increases in the growth rate in productivity. Can you give reasons why US productivity growth started to increase during the late 1980s and continued throughout the decade of the 1990s?
2. Due to the presence of diminishing returns to capital, doubling the amount of physical capital available for one worker to use will _______.decrease output by less than a factor of twoincrease output by less than a factor of twoincrease output by exactly a factor of twoincrease output by more than a factor of two
3. Economies with higher growth rates tend to be those that _______.have large amounts of natural resourceshave a stable government that protects property rightshave high levels of government regulationhave all of the above
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Assume a soft drink company is grappling with decision about whether or not to introduce to the market a new carbonated beverage with 25% real fruit juice.
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Suppose a scenario where you are an entrepreneur considering to increase your production of kitchen gadgets. You need to pay back a loan of $5,000,000 over 5-years.
If offshore assembly provisions were extended to include more goods and services, what would this do to the actual level of protection provided by a nation's nominal tariff schedule? Describe your reasoning.
Describe how the following events would effect market for South Africa's currency, the rand, suppose a floating exchange rate.
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