Completed quickly and followed instructions given. Grammar, spelling, etc. was all good as well. Thank you so much! Will hire in the future.
Reflection paper/Reflection essay
27/08/2022
Question 1
Technological progress increases worker productivity, can improve standards of living in the long run, and encourages economic growth. However, more recent concerns of technological progress surround automation of manufacturing jobs with possible displacement of human capital. From a Keynesian perspective, what is an appropriate policy measure that could secure employment of human capital and maintain wages of individuals who would be adversely impacted by manufacturing automation?
Select the correct answer below:
Labor market reform, including the removal of a minimum wage.
Tax reform to decrease taxes and encourage adoption of new technologies.
Increasing the availability of government programs that provide training and promote transition to new sources of employment.
Introduce penalties to companies that adopt manufacturing automation technologies.
Content attribution- Opens a dialog
Question 2
Which of the following assumptions are proposed by Neoclassical economists to ensure stable economic growth? (Select all that apply)
Select all that apply:
Need a hint?
Content attribution- Opens a dialog
Question 3
What category of input is “the joker in the deck?”
Select the correct answer below:
Education of the population
Technology
Human Capital
Physical Capital
Content attribution- Opens a dialog
Question 4
True or false?
The easiest way to compare standard of living across countries is to compare overall GDP.
Select the correct answer below:
True
False
Content attribution- Opens a dialog
Question 5
When we consider labor and capital as the main inputs to produce something, and assume that we can employ both inputs in different proportions, we call ___________ the situation where an increase in capital per worker leads to higher productivity and an expansion of the output per worker in the economy.
Select the correct answer below:
technological progress
capital deepening
capital contraction
capital widening
Content attribution- Opens a dialog
Question 6
Which of the following does allow higher savings ? Select all that apply.
Select all that apply:
Completed quickly and followed instructions given. Grammar, spelling, etc. was all good as well. Thank you so much! Will hire in the future.
Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.
You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.
Read moreEach paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.
Read moreThanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.
Read moreYour email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.
Read moreBy sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.
Read more