Question

QUESTION 34 2 points S. Suppose an economy's natural rate of unemployment is 5%. If the actual rate of unemploymentis 9%, that economy's labor force is QUESTION 35 2 points SE Factors that influence productivity and therefore growth are: (Choose all that apply) increased consumption and less investment spending increases in physical capital per worker technological advances increases in human capital per worker

Answer 1

Question 35

The factors that influences productivity and therefore growth are

- increases in physical capital per worker

- technological advances

- increases in human capital per worker.

All of this factors contributes to the productivity of the factors of production and as a result growth.

Increased consumption doesn't influence productivity and as result growth.

Question 39

Government spending on education contributes directly to

- total factor productivity

- the development of human capital.

Education directly impacts humans by developing human capital by endowing them with better skill and knowledge and which eventually results in higher total productivity.

And as supply of natural resources has nothing to do with the education so it remains unaffected.

Question 40

Iron ore deposits in my opinion are not an example of infrastructure.

Because infrastructure is something that is developed by humans over the period of time and iron ore is naturally occurring thing that's why it should be an example of infrastructure.

Rest of the options- roads, power plants that generate electricity and cell phone towers are man made things build to facilitate economic development and growth.