A. Changes in employment levels.B. Changes in consumer spending.C. Changes in spending on new capital inputs. 正确答案:B 分享到: 答案解析: Although consumer spending is the largest component of GDP, it is fairly stable over time. To forecast a country’s long-term economic growth trend,...
Which contributes more to GDP the production of a pound of hamburger or the production of a pound of caviar? Explain. When the Japanese car maker Toyota expands one of its car factories in the US, what is the likely impact of this event on the GDP and ...
c) human capital is not physical; an example of human capital is edu Labor is one of the factors of production, along with land and capital. Explain the importance of labor as a factor of production. The four factors of producti...
Labor is one of the factors of production, along with land and capital. Explain the importance of labor as a factor of production. A chainsaw is an example of which of the following factors of production? a. land b. capital c. labor d....
The law also postulates that government spending is an outcome of economic growth and has a causal relationship that moves in this single direction. In contrast, Keynes (1937) identified government spending as an exogenous factor that stimulates economic growth, viewing the reverse relationship between...
, “A positive feedback loop between hepatocyte growth factor receptor and β-catenin sustains colorectal cancer cell invasive growth”, Oncogene (nature.com, 2007), https://www.nature.com/articles/1209859 J Krispin, “Positive feedback loops of metacontingencies: A new conceptualization of ...
services among others as well as the provision of strategic advice. Existing research has identified non-financial support as a success-critical factor on the growth path of young ventures (Amornsiripanitch et al.2015; Hellmann2002; Sapienza1992). Of course, this cannot be provided by ICOs or...
aExpo-tourism is a major factor of the expo industry that motivates the economy. Besides a huge human flow, international conventions and exhibitions bring stable and well-scheduled groups of visitors, which is easy for tour agencies to arrange. What is more important, the concept of expo-touri...
Suppose consumers and executives become more confident in the economic future. How does this affect the aggregate demand curve (shift right or left), and which component of aggregate demand is affected? How would a short-run...
What is the difference between GDP deflator and inflation, and what are their uses? Why is the GDP deflator not a suitable measure of household inflation? How is inflation calculated using the CPI, and also using the GDP deflator? a. Why does inflation make nominal ...