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What two kinds of changes in the capital stock can improve labor productivity?

An increase in the quantity of capital per worker, which is reflected by a movement along the per-worker production function. According to Simon Kuznets, changes in the quantities of labor and capital account for only one-tenth of the increase in economic growthAn improvement in the quality of capital per worker, and it is is reflected by technological change that rotates the curve upward. It accounts for nine-tenths of the increase in economic growth.


Is Etymology reflected in spelling?

Yes


What is an efficient market and what are the implications of efficient markets?

In an efficient market, information is impounded into security prices with such speed that there are no opportunities for investors to profit from publicly available information. Actually, what types of information are immediately reflected in security prices and how quickly that information is reflected determine how efficient the market actually is. The implications for us are, first, that stock prices reflect all publicly available information regarding the value of the company. This means we can implement our goal of maximization of shareholder wealth by focusing on the effect each decision should have on the stock price all else held constant. It also means that earnings manipulations through accounting changes should not result in price changes. In effect our preoccupation with cash flows is validated.


How do changes in the money supply affect the cost credit?

Changes in the money supply directly influence the cost of credit, typically reflected in interest rates. When the money supply increases, there is more liquidity in the economy, which tends to lower interest rates, making borrowing cheaper. Conversely, when the money supply contracts, credit becomes scarcer, leading to higher interest rates and increased borrowing costs. Thus, adjustments in the money supply can significantly impact the availability and affordability of credit.


Why did people stop trading to begin with?

People may have stopped trading initially due to a variety of reasons, including local resource scarcity, shifts in societal needs, or the rise of self-sufficiency. Additionally, disruptions from conflicts, natural disasters, or changes in governance could have hindered trade routes and relationships. As communities focused on survival and local production, the intricate networks of exchange diminished. Ultimately, the transition from trade to self-reliance often reflected broader economic or environmental changes.

Related Questions

What change in society has been reflected in Bollywood movies?

Many changes have been reflected in bollywood movies which occur in society. Such as the technology advancements. There are many other changes as well.


What two words describe the attitude reflected by these changes?

Positive and adaptable.


What happens to a wave when it is reflected?

When a wave is reflected, it bounces off a surface and changes direction. The angle of reflection is equal to the angle of incidence. This can cause interference patterns if multiple reflected waves interact with each other.


When light is reflected the incident rays are bent and change direction?

When light is reflected, the angle of incidence is equal to the angle of reflection. This law of reflection ensures that the reflected ray changes direction in a predictable manner based on the angle of incidence. The surface characteristics of the material being reflected from can also affect the direction of the reflected light.


How was thomas Jefferson's philosiphy reflected in his personal life?

It reflected on his personal life is because his belief in a modest role for the central government reflects on his changes during his presidency.


Does reflected mean transferred?

Reflected can be call as transferred, But it is not transferred because reflaction is a process in which light, heat or sound hits a surface of reflaction and changes its directionafter hitting.


What are 2 words that describe the attitude reflected by women's social changes in the 1920s?

Empowered and defiant.


When a wave is reflected from a mirror there is a change in its what?

Direction. When a wave is reflected from a mirror, its direction changes according to the law of reflection, which states that the angle of incidence is equal to the angle of reflection.


How does light behave when it is reflected?

When light is reflected, it bounces off a surface and changes direction. The angle of incidence (incoming light) is equal to the angle of reflection (outgoing light), following the law of reflection. The reflectivity of the surface determines how much light is reflected.


Any changes made to a pasted object are reflected in the original source file and vice versa True False?

False. Changes made to a pasted object are typically not reflected in the original source file, as the pasted object is usually a separate entity from the original file.


What happens when a driver adjusts the side mirror on a car?

It changes the direction light has to come from to be reflected into the drivers eyes.


What causes the apparent changes of the moon's shape?

The variations in how much reflected sunlight we see as the Moon orbits Earth.