Why us productivity growth continued throughout the decade

Assignment Help International Economics
Reference no: EM13243275

Between 1968 and 1980, the US economy experienced a slowdown in productivity growth. 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?

Reference no: EM13243275

Questions Cloud

Find the capacitance of this device : A parallel plate capacitor has plates 2.00 cm by 3.00 the plates are saparated by a 1.00 m thickness of teflon. find the capacitance of this device
Chinese-european and japanese-european interactions : Describe and compare Chinese-European and Japanese-European interactions in the eighteenth and early nineteenth centuries.
Calculate opportunity cost of increase in number of hours : A. Calculate the opportunity cost of an increase in the numberof hours spent studying in order to earn a 3.0 grade poingaverage(GPA) rather than a 2.0 GPA. B. Is the opportunity cost the same for a move from a 0.0 to a1.0 GPA
Develop an argument that genuine socialism : Develop an argument that genuine socialism was betrayed or perverted by the development of the Stalin era.
Why us productivity growth continued throughout the decade : Between 1968 and 1980, the US economy experienced a slowdown in productivity growth. However, since the mid 1980s, the economy has experienced increases in the growth rate in productivity.
Find the power generated by the emf of the battery : An ideal Voltmeter is connected across the terminals of a 12 Volt battery and a light bulb with R = 4.5 ohms is also connected across the battery terminals, Find the power generated by the Emf of the battery
According to aristotle-how might one attain the good life : According to Aristotle, how might one attain the "good life"? Studying the works of the great philosophers Balancing action between extremes of behavior Experimenting and formulating a hypothesis Discovering the essence of an individual
What is the tension in the string as the block falls : A mass m1 = 3.8 kg rests on a frictionless table and connected by a massless string over a massless pulley to another mass m2 = 5.5 kg which hangs freely from the string, What is the tension in the string as the block falls
What do the domesday survey : What do the Domesday survey (Specifically, the land of Robert Malet) and commeda contracts suggest about the basis of medieval economy in the eleventh and twelfth centuries?

Reviews

Write a Review

International Economics Questions & Answers

  Determine the value of the spot rate

Assume that on January 1, 1999 spot exchange rate was Yen/£=198. Over the year, British inflation rate was 4 percent, and the Japanese inflation rate was 6 percent.

  Why the general level of wages is high in the us

Explain why the general level of wages is high in the United States and other industrially advanced countries. What is the single most important factor underlying the long run increase in average real wage rates in the United States

  Computing absolute advantage

Still remaining within the Ricardian framework, Suppose that the Canada has one hundred units of labor available for production while Mexico has two hundred units of labor and both nations produce corn and wheat.

  How canada has comparative advantage in oil production

Canada has comparative advantage in oil production, and China in shoes production. Suppose China grows in a NON biased way, i.e., both sectors grow in the same way. Analyze the effect of this NON biased growth on Canadian welfare.

  What impact will have on the future economic growth of us

Indicate five of the world's economies that are the most free. How do the income levels and growth rates of freer economies compare with those that are less free Has the United States become more or less economically free during the past decade

  When did the most recent oil-related supply shocks occur

The US Energy Information Agency Supplies current and historical data for the world crude oil prices. Look both at current and historical data on world crude oil prices. over the last six months, do you think the price of crude oil has produced an..

  Elasticity of aggregate cigarette demand

Does the difference in the change in the general CPI compared to the change in the Medical CPI clearly indicate that there has been more inflation in the medical industry than overall in the economy?

  What is the 18-month forward rate for one pound in dollars

If the spot rate for British pounds is 0.57 pounds equals 1 US $, and the annual interest rate on fixed rate one-year deposits of pounds is 3.5% and for US$ is 2.5%, what is the ten-month forward rate for one dollar in terms of pounds.

  What would happen if greeks decided to charge manufacturers

Suppose that a certain manufacturer has a monopoly on the sorority and fraternity ring business (a constant-cost industry) because it has persuaded the "Greeks" to give it exclusive rights to their insignia.

  Minimum efficient scales

Explain why this is puzzling. How can the puzzle be resolved, if at all? What are the main alternative approaches? Discuss briefly the advantages and disadvantages of each.

  Determine demand of british pound in foreign exchange market

Why can't all the balance of payments accounts be in surplus What factors determine the demand for British pounds in foreign exchange markets? How are exchange rates determined under a flexible exchange rate system

  What would be benefit for country to trade other country

If you were President of the US and you were making decisions on trading, would you rather have a comparative or absolute advantage in trading Can you have both a comparative and absolute advantage in trading

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