Factors which affecting level of productivity of labour

Assignment Help Macroeconomics
Reference no: EM1315431

Consider the following situations. Evaluate how they would affect the level of productivity of labour.

a) The cost of health care skyrockets.
b)Trade barriers with other countries are reduced.
c) An energy shortage develops.
d) Vast improvements are made in production technology.

Reference no: EM1315431

Questions Cloud

Finding the possible length using the law of cosine : Finding the possible length using the law of cosine.
Computation of weights of the individual stocks : Computation of Weights of the individual stocks, Expected returns, Variance-covariance matrix and volatilities
Probability of a type i error : Find the probability of a type I error α if the true proportion is p=0.6.
Elucidate the way in which short-run afc : Elucidate the way in which short-run AFC, AVC, ATC also MC vary as the output of the firm increases.
Factors which affecting level of productivity of labour : Consider the following situations. Evaluate how they would affect the level of productivity of labour.
Deducing an expression for pp : Utilizing the information above, deduce an expression for the PP, and provide comment on resulting expression. Also, what the ATM services would you utilize in order to obtain the best possible performance?
Consider the first price auction : Consider the first price auction. Write down the payoff matrix also find all Nash equilibrium
Hypothesis testing-confidence interval for two proportion : Establish a 99% confidence interval for the difference in the proportion of suburban and urban housewives who own IPod.
Finding price elasticity of demand : Graph the accompanying demand data, and then use the midpoint formula for Ed to determine price elasticity of demand elasticity of demand.

Reviews

Write a Review

Macroeconomics Questions & Answers

  Monopoly profit and cartel profit

The ten firms have banded together to form a cartel, and the cartel sets the monopoly price. The cartel agreement limits each firm to an output of one-tenth of the total amount demanded at the cartel price.

  Explain the current success of harrah strategy

Discuss the advantages and/or disadvantages of distributing marketable pesticide permits to each farm operating in the watershed equal to 40% of its current level of use of that pesticide, versus simply ordering each farm to reduce pesticide use t..

  Compute the reservation wage

Cindy gains utility from consumption and leisure. The most leisure she can consume in a week is 168 hours.

  Specific government policies and technologies

Field discusses the key threats to sustainable management of forests and agricultural resources.  First summarize these threats.  Then,

  Sectoral shock and adjustment in long run equilibrium

Illustrate the economy's adjustment to its long run equilibrium only, as the formerly dislocated (and now retrained) labour force is finding employment in new industries.

  Equilibrium price and profit in stackelberg duopoly

Find out the equilibrium market price. Find out the profits of the leader and the follower

  Impact of expansionary monetary policy in case of liquidity

Describe and graph (using AD/AS framework) an example in today's news of fine tuning economy. Assume the MPC in an economy is 0.8, the APC is 0.8 and disposable income is $9 billion. If disposable income increases to $14 billion, what is the new le..

  Production possibility frontier to illustrate

Use a production possibility frontier to illustrate the probable results of your fiscal policy. By how much did consumption change? By how much did savings change?

  Essay on economic-political and other challenges

Describe and answer in economic terms the question, should a company hire temp teachers or hire new teachers?

  Pareto efficiency in two person

Consider the following two good pure exchange economy: Alfred's utility function is U A (x, y) = min{x, y} and Bob's utility function is U B (x, y) = max{x, y}.

  Suitable market strategies that need to be adopted

This product, called Red Hat Linux, is a potential replacement for UNIX and other well-known operating systems. If you were in charge of pricing at Red Hat, what strategy would you pursue? Explain.

  Consumption function and investment

The following information describes a hypothetical economy (assume all numbers are in billion if necessary) Determine the value of the MPC of this economy?

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