Which of the following arguments are correct Multiple Choice ооо technological change will require more central planning and government regulation. technological advance will result in a lower rate of economic growth Innovations in computers and communications, together with global competition, are boasting Canadian productivity and the economy's potential economic growth rate Canada is entering an era of low structural unemployment due to rapid technological change.
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- do you think that the post-carbon transition will lead to a more fundamental reshaping of political and economic relations in the global economy, and new spatial divisions of labor? why, or why not? *please answer in 1-2 paragraphsWhich of the following does not exemplify the globalization of education? Countries are striving to develop “world-class universities” for a global knowledge economy Cooperation among universities to advance knowledge frontiers and promote social and cultural similarity Higher educational institutions become agents of globalization Shift to K to12 basic education in the PhilippinesSome resource-rich countries have succeeded in converting resource wealth into longterm and equitable economic development, while many others have not. Natural resources have played a fundamental role in the growth of several industrialized economies, including Germany and the United Kingdom, where coal and iron ore deposits were a precondition for the Industrial Revolution. The United States was the world’s leading mineral economy from the mid-nineteenth to the mid-twentieth century and in the same period became the world’s leader in manufacturing (van der Ploeg 2011). More recently, countries such as Botswana, Chile, and Norway have used abundant oil and mineral resources as the foundation for economic growth. Discuss in depth, based on your understanding of the various sources of fiscal risks what complicates fiscal management in resource rich countries. Taking Zambia as a case study, suggest ways in which these risks can be managed.
- In his 2020 state of Nation address (SoNA) president of South Africa humbly noted that... '' Even if we (the government) were to Marshall every single resource at our disposal, and engage on a huge expenditure of public funds, we would not alone be able to guarantee employment to the millions of people who are out of work ''. and that '' Without growth there will be no jobs, and without jobs there will be no meaningful improvement in the lives of our people ".I am having a problem with these four problems webdav/pid-1221589-dt-content-rid-8618514_1/courses/1678.201780/Assign2.pdf + Automatic Zoom : 19. Technological progress helps increase the productivity of labor, defined as the number of units of output produced per hour of labor. A rise in the productivity of labor in the production process, ceteris paribus, will cause A) the demand for the output to increase. B) the demand for the output to decrease. C) the supply of the output to increase. D) the supply of the output to decrease. E) None of the above is correct. Q Search 20. An economic recession with a decline in household incomes will negatively impact all retail businesses. A) True B) False 21. If we assume that the current equilibrium wage for low-skilled labor is $8 per hour and the minimum wage is increased from $5.75 to $7.25 per hour, then A) unemployment among low-skilled workers will increase. B) unemployment among low-skilled workers will remain unaffected. C) unemployment…Globalization has also led to the growth of __________, which are large multinational corporations that operate in multiple countries around the world. These corporations have significant economic power and influence and are key players in the global economy, affecting trade, investment, and employment patterns.**- A) conglomerates- B) startups- C) state-owned enterprises- D) transnational corporations.
- What are our nation’s major macroeconomic goals? Are they in conflict with each other? Under what conditions would a nation be able to currently produce more of both consumer and capital products?Economists in the Ministry of Finance proposed the following startegies to increase the country's production possibility frontier. Which policy/policies would not have the desired effect? (i) Increased subsidy for college education. (ii) Increased production of investment goods relative to consumption goods. (ii) Increased incentives to attract women in the work force.In the 1990s, developed countries agreed to double their aid to Africa by 2015. A report by the United Nations conference on Trade and Development noted that sceptics had raised concerns about how much effect the doubling of aid would have on output and incomes in Africa, if the quantity of other inputs such as human capacity and institutions were to remain fixed. It also pointed to the divisions between the sceptics with some suggesting the return would diminish when aid reached only 4% of GDP, while others thought they would diminish only when it had reached 50%. It should be added that even if the returns do begin to diminish, they could still be very important.In 1887, Cecil Rhodes created the De Beers Consolidated mines Company, which controlled about 90% of the total world supply of rough uncut diamonds with its South African mines. Until 2001, De Beers produced about half of the world’s diamonds in its mines and marketed about 80% of the world’s diamonds. Diamond producing…
- Which of the following is a major macroeconomic goal of nearly every society? increasing government spending decreasing the prices of resources providing free health care to the unemployed O increasing the amount of economic growthEconomic growth is represented on a production possibilities frontier model by the production possibilities frontier shifting outward. shifting inward. becoming steeper. becoming flatter.QUESTION ONE Consider the following extract and answer the question that follows. In his 2020 State of the Nation Address (SONA), president of South Africa humbly noted that. "Even if we (the government) were to marshal every single resource at our disposal, and engage on a huge expenditure of public funds, we would not alone be able to guarantee employment to the millons of people who are out of wark". and that "Without growth there will be no jobs, and without jobs there will be no meaningful improvement in the lives of our people". Adapted from: https://www.gov.za/speeches/president-cynl-ramaphosa-2020-state-nation-address-13- feb-2020-0000 Accessed: 22/02/2020 Using the South African SONA 2020 as a referenc, discuss examples of the different ways that the South African government intervenes in the economy.