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What is the primary purpose for technology in economic activities?

Usually improvement in the utilization of economic resources. Economic resources are defined as land, labor, capital, and human capital (ie entrepreneurial ability or any skills you might have). The best example is oil which was thought to be useless and gross, and is now very valuable. Technology is estimated to contribute about 25-50% of Real GDP per capita growth, although its extremely difficult to estimate.


What mineral resources?

Mineral resources are those economic mineral concentrations that have undergone enough scrutiny to quantify their contained metal to a certain degree. None of these resources are ore, because the economics of the mineral deposit may not have been fully evaluated.Indicated resources are simply economic mineral occurrences that have been sampled (from locations such as outcrops, trenches, pits and ) to a point where an estimate has been made, at a reasonable level of confidence, of their contained metal, grade, tonnage, shape, densities, physical characteristicsMeasured resources are indicated resources that have undergone enough further sampling that a 'competent person' (defined by the norms of the relevant mining code; usually a geologist) has declared them to be an acceptable estimate, at a high degree of confidence, of the grade, tonnage, shape, densities, physical characteristics and mineral content of the mineral occurrence


How do you estimate btu's compared with square footage?

meaningless question


What are mineral resource?

Mineral resources are those economic mineral concentrations that have undergone enough scrutiny to quantify their contained metal to a certain degree. None of these resources are ore, because the economics of the mineral deposit may not have been fully evaluated.Indicated resources are simply economic mineral occurrences that have been sampled (from locations such as outcrops, trenches, pits and ) to a point where an estimate has been made, at a reasonable level of confidence, of their contained metal, grade, tonnage, shape, densities, physical characteristicsMeasured resources are indicated resources that have undergone enough further sampling that a 'competent person' (defined by the norms of the relevant mining code; usually a geologist) has declared them to be an acceptable estimate, at a high degree of confidence, of the grade, tonnage, shape, densities, physical characteristics and mineral content of the mineral occurrence


What is the methodology of econometrics?

1-State the theory or hypothesis.2-Specify the mathematical model of the theory.3-Specify the econometric model.4-Obtain the data.5-Estimate the parameters of the econometric model.6-Test the hypothesis.7-Forecasting or predicting.8-Conclusions.


5 A key difference between accountants and economists is their different treatment of the cost of capital Does this cause an accountant's estimate of total costs to be higher or lower than an econom?

I am not so sure.


Discuss the goals of econometrics?

1. To verify economic theories and hypothesis establishing empirical informations. 2. To obtain reliable estimate of the co-efficient of economic relationship and use them for policy decisions. 3. Using the numerical estimate of the coefficient to forecast future values of the economic magnitude.


Which description most accurately describes the input output model?

This model is used to estimate economic effects that an initial change in economic activity has on a regional economy.


What does the Brazilian acronym IR stand for?

The Brazilian acronym IR stands for Imposto de Renda. Is an income tax which supervene over every citizen and company installed in the country. As every rule, it has some exceptions, such as diplomatic prerogatives. Some economists and economic institutes estimate Brazilian formal market in only 40%. Could you imagine Brasil with a bigger budget of that amount, what would happen?


What is used to estimate relative size of countries?

The most common metric used to estimate the relative size of countries is Gross Domestic Product (GDP). GDP measures the total economic output of a country in a given time period, providing an indication of the country's economic size and overall economic performance. Other metrics such as land area, population, and military strength can also be used to estimate the relative size of countries.


Where can i get a house insurance estimate?

In order to find a house insurance estimate which can be compared to your current insurance right now, contact your insurance agent or check on the computer.


Why are ecosystem services rarely included in economic analysis?

Their cost is difficult to estimate and people take them for granted.