Implied value of total factor productivity

Assignment Help Business Economics
Reference no: EM131217833

Suppose India has a per capita GDP that is .074 times the United States GDP. It has a capital-per-person ratio that is .035 times that of the United States. Compared to the United States, the implied value of total factor productivity for India is approximately?

Reference no: EM131217833

Questions Cloud

Financial operations and health of a business-ratio anaylys : To evaluate the financial operations and health of a business, ratio anaylysis is used. What do profitability ratios indicate about the company? Please provide 2 examples of profitability ratios and the related formula and indicate how they can be us..
Production function for the united states : You plot the production function for the United States on a graph with output per person on the vertical axis and capital per person on the horizontal axis. If a shock occurs causing the productivity parameter to increase, the production function ..
Price elasticity of demand impact total revenue : How does the price elasticity of demand impact total revenue? Before that, how do you calculate the price elasticity of demand: the midpoint method and what are the determinants?
Entered into noncancelable lease agreement : On January 1, 2011, Foley Company (as lessor) entered into a noncancelable lease agreement with Pinkley Company for machinery which was carried on the accounting records of Foley at $4,530,000 and had a market value of $4,800,000.  From the lessee's ..
Implied value of total factor productivity : Suppose India has a per capita GDP that is .074 times the United States GDP. It has a capital-per-person ratio that is .035 times that of the United States. Compared to the United States, the implied value of total factor productivity for India is..
Why is it important that prices are flexible in the economy : Why is it important that prices are flexible in the economy? Do you think government should be involved in manipulating prices?
Develop a written proposal outlining a specific product : The practical definition of the multidisciplinary team that the product idea requires Describing the different types of team members needed and their respective skill sets Where one would find them for an intrapreneurial versus entrepreneurial app..
Explain what aspects of your cultural upbringing have affect : What aspects of your cultural upbringing have affected your own personality development? How will you use these new competencies in your work and personal life?
Cost minimizing level of capital : The wage rate for labor is w = 2, the rental rate of capital is r = 1, and the cost of materials is m = 4 per unit. What is the long run cost minimizing level of capital that the ?rm must use to produce a target level of output, Q = 1000?

Reviews

Write a Review

Business Economics Questions & Answers

  Illustrate what is projected credit markets

Illustrate what is projected credit markets. How do you use this to make business decisions. Also how would investment or returns on excess cash affect a auto business.

  Transforming resources into goods and services

_______If an employee is involved with transforming resources into goods and services, then he is in

  Necessary for the existence of a nash equilibrium

Which of the following conditions are necessary for the existence of a Nash equilibrium?

  How does a country get a comparative advantage

How does a country get a comparative advantage? How would you be able to figure out which product categories or industries the United States has a comparative advantage in?

  Increases investment affect quantity of real gdp demanded

How does a cut in interest rates that increases investment affect the quantity of real GDP demanded, the aggregate demand curve, real GDP, and the price level?

  What is the new equilibrium price and quantity of avocados

Consider again the avocado example in the textbook, where demand and supply functions are Qd = 160 – 40p Qs = 50 + 15p Suppose a severe drought hit California, and the state government decided to subsidize farmers 40 cents for each pound of avocados ..

  Receive margin call if the maintenance margin

You decide to buy 500 shares of stock at a price of $70 and an initial margin of 55 percent. What is the maximum percentage decline in the stock before you will receive a margin call if the maintenance margin is 25 percent?

  Treatment times follow an exponential distribution

On Friday nights, patients arrive at the emergency room at Mercy Hospital following a Poisson distribution at an average rate of seven per hour. Assume that an emergency-room physician can treat an average of three patients per hour and that the trea..

  Continuous decreasing rate of wine consumption

Assume that someone has inherited 2,000 bottles of wine from a rich uncle. He or she intends to drink these bottles over the next 40 years. Suppose that this person’s utility function for wine is given by u(c(t)) = (c(t))0.5, where c(t) is each insta..

  Market is increasing cost-constant cost or decreasing cost

Each year, the country’s 700-plus business schools produce a total of 80,000 MBAs. The number of business schools has more than doubled and the number of MBA graduates per year has increased 15 fold since 1970 with a growing demand for MBA graduates ..

  Serving the poor really an attractive business opportunity

Is the concept of “serving the poor” really an attractive business opportunity? How does business leadership drive companies such as Nokia to pursue such an opportunity?

  Illustrate what is the basic objective of monetary policy

Illustrate what is the basic objective of monetary policy. What are the major strengths of monetary policy.

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