
Macroeconomics 1st Edition by Dean Karlan,Jonathan Morduch
Edition 1ISBN: 978-0077332648
Macroeconomics 1st Edition by Dean Karlan,Jonathan Morduch
Edition 1ISBN: 978-0077332648 Exercise 5
For each part below, determine whether the following actions will increase or decrease productivity, and name the component of productivity that each affects.
a. The local government builds a new school.
b. Teachers in the new school hold classes for young students.
c. A manufacturer installs robots on its assembly line.
d. A research team designs a more efficient system of irrigation.
e. A soda company discovers a new source of underground water that can be used to make its products.
f. A professor writes a new and improved economics textbook.
g. A large number of people have less access to health care.
h. A worker receives on-the-job training to be a mechanic.
a. The local government builds a new school.
b. Teachers in the new school hold classes for young students.
c. A manufacturer installs robots on its assembly line.
d. A research team designs a more efficient system of irrigation.
e. A soda company discovers a new source of underground water that can be used to make its products.
f. A professor writes a new and improved economics textbook.
g. A large number of people have less access to health care.
h. A worker receives on-the-job training to be a mechanic.
Explanation
Productivity:
Productivity is measured ...
Macroeconomics 1st Edition by Dean Karlan,Jonathan Morduch
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