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How much did the US produce of all the economic output in the world by the late 1940?

one half


How much of all the economic output in the world did the US produce by the late 1940s?

one half


What is productivity in economics?

Productivity in Economics is simply the ratio of how much you can produce (Output), based on the resources available (Inputs). This is usually linked to production theory.


What is Production possibilities frontier in the economy shifts outward does it follow that per-captia output will rise?

The production possibilities frontier (PPF) is a curve that shows how much output of good X a country can produce at the expense of the production of good Y. A country that has a comparitave advantage over good X should produce more of it at the expense of a reduction in production of good Y. (Going to add more to this question later... Mobeen Iqbal, Bahrain) 1. Yes, If the PPF shifts outward, it means there is more output 2. No, because when the PPF shifts outward, and there is greater output, the population always rises by a greater percentage thant the rise of the output. 3. Not necessarily, First, it depends on whether or not htte capacity to produce mroe output is realized. Then, it depends on the percentage rise in output relative to percentage rise in the population. 4. Not nessarily, First, it depends on whether or not the capacity to produce more output is realized. Then, it depends on the percentage rise in output relative to ther percentage rise in income I am not sure which it is?


Is banking industry monopolistic competition?

Banks are competitive. This is why they spend so much on advertising. Monopoly and competition are opposites.

Related Questions

How much did the US produce of all the economic output in the world by the late 1940?

one half


How much of all the economic output in the world did the US produce by the late 1940s?

one half


The ratio of output force to input force is the what?

The ratio of output force to input force is known as mechanical advantage. It represents how much a machine multiplies the input force to produce the output force.


What do you call the output force to the input force?

The ratio of the output force to the input force is called mechanical advantage. It indicates how much a machine amplifies or reduces the input force to produce the desired output force.


Actual mechanical advantage is the output force of what?

Actual mechanical advantage is the ratio of the output force to the input force in a simple machine or system. It is a measure of how much a machine amplifies the input force to produce the desired output force.


The ratio of the output force to the input force is the what of a machine?

The ratio of the output force to the input force is known as the mechanical advantage of a machine. It quantifies how much a machine amplifies or diminishes the input force to produce the desired output.


Is a machines mechanical advantage the output force multiplied by the input force?

No, a machine's mechanical advantage is the ratio of the output force to the input force. It indicates how much a machine multiplies the input force to produce the output force. The formula for mechanical advantage is output force divided by input force.


How much power can a bicycle generator produce and what factors influence its output?

A bicycle generator can typically produce around 100-300 watts of power, depending on the speed at which the bike is pedaled. Factors that influence its output include the efficiency of the generator, the resistance in the system, and the speed at which the bike is pedaled.


Is a monitor an inout or output?

Monitor is output. anything that a computer must send a signal to to receive a picture or information like a printer which much receive data is an output device. joysticks and keyboards are input because they send information to the PC to produce text and commands


What is productivity in economics?

Productivity in Economics is simply the ratio of how much you can produce (Output), based on the resources available (Inputs). This is usually linked to production theory.


If a machine has a mechanical advantage much larger than 1 its output farce is?

If a machine has a mechanical advantage much larger than 1, its output force is greater than the input force applied to it. This means that the machine is able to multiply the input force to produce a larger output force, making it easier to lift heavy objects or perform work.


How much energy does your brain produce in a day?

Well really it depends on the brain of focus, because a person with a high IQ is more likely to have a higher output.