Responsible for slower economic growth

Assignment Help Business Economics
Reference no: EM13801037

Which of the following was responsible for slower economic growth before the Industrial Revolution?

There was no instance of technological innovation.

Population growth caught up to the rate of technological innovation.

The rate of technological innovation outpaced population growth

Reference no: EM13801037

Questions Cloud

Write a summary of the given article : Write a summary of the article "A Survey of Push and Pull Motivations of Green Event Tourists" by Yu-Fen Chen and Huai-En Mo.
Current ratio or the quick ratio as a measure of liquidity : If you were asked to lend money to your cousin’s clothing store to help her through a slow sales period, would you be more interested in looking at the current ratio, or the quick ratio, as a measure of liquidity? Why?
Suppose that the production function for floppy disks : Suppose that the production function for floppy disks is given by Q = KL2 L3 where Q is the number of disks produced per year, K is machine-hours of capital, and L is man-hours of labor flow of capital service. a) Suppose K=600. Find the total produc..
Qualifies as capital in economics except : All of the following qualifies as capital in economics except
Responsible for slower economic growth : Which of the following was responsible for slower economic growth before the Industrial Revolution? There was no instance of technological innovation.
What are considerations to remember given different roles : What are some considerations to remember given the different roles and people in the audience? What would be the potential needs of the company's employees when receiving a message about this incident?
What is the extent of child abuse and neglect : What is the extent of child abuse and neglect
About income levels in western europe and latin america : Which of the following is true about income levels in Western Europe and Latin America before 1700? Average income in Western Europe was higher than that in Latin America.
How should you set up your jump : How should you set up your jump to ensure that everything goes smoothly with no accidents or incidents with the first jump during the grand opening

Reviews

Write a Review

Business Economics Questions & Answers

  What is approximate price that will be charged in market

Approximately how much output should the firm allocate to market 2? What is the approximate price that will be charged in market 1? What is the approximate price that will be charged in market 2?

  What global social interests or responsibilities

What global social interests or responsibilities, if any, do we have as consumers to the losers of globalization? Discuss and justify your postings and responses with other students in our course.

  Investment is more stable than consumption

When you buy 100 shares of IBM it is an investment according to economists. If consumers have few durable goods, this will lower the C line, all other things equal. A corporation is a legal person separate from the owners. Investment is more stable t..

  When the fed raises the federal funds rate

When the fed raises the federal funds rate, eventually there is.

  Explain why the reduction in employment would be less

Most industrial farms hire migrant workers, so the market for such workers is reasonably taken to be perfectly competitive. Suppose that all farms individually have a short-run elasticity of labor demand of –0.5. Explain why the reduction in employme..

  What are future challenges also does size matter

Economies of scale can be quickly exhausted not everyone wants to ‘shop' from same ‘store' size can also mean diseconomies of scale if focus Is lost and conflict of interest what matters to shareholders is profitability not Challenges (contd.) Do..

  Evalute the annual active use value of this area

Using the travel cost method, evalute the annual active use value of this area to the people living in these cities.

  Explain how does a decrease in foreign price levels affect

Explain how does a decrease in foreign price levels affect domestic aggregate expenditures and demand. How is the aggregate supply curve different from the supply curve for a single good, like pizza.

  Dominant strategy

Does either firm have a dominant strategy. Is there a stable equilibrium.

  The shift of the demand curve

Find the equilibrium price and quantity after the shift of the demand curve.

  Maximize your expected profits

Find the output you should produce in order to maximize your expected profits so that you can then determine your expected profits accurately.

  What are the terms of trade

What are the terms of trade? (At what rate would you each be willing to trade?) f. Using graphs for both you and Pat, show that trade allows each of you to achieve a point on your consumption possibilities curve which is greater t..

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