Amandarobersonn
23.11.2019 •
Business
The production function for country a exhibits constant returns to scale. suppose that physical capital per worker, human capital per worker, and natural resources per worker all triple. at the same time, country a's technological knowledge doubles. productivity a. does not change. b. is now two times larger. c. is now three times larger. d. is now six ties larger
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Ответ:
D. is now six ties larger
Explanation:
The total change = change in inputs * change in technology
= 3*2
= 6 times
Therefore, The change is 6 times larger in production.
Ответ:
The answer is deficit / negative.
Explanation:
A trade deficit is an economic measure of international trade in which a country's imports exceed its exports. A trade deficit represents an outflow of domestic currency to foreign markets.
Net capital outflow (NCO) is the net flow of funds being invested abroad by a country during a certain period of time (usually a year). A negative NCO means that the country invests outside less than the world invests in it.