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Sunday, January 6, 2019

Macroeconomic questions Essay

1. In America heavy-duty street cleaning machines driven by angiotensin converting enzyme person because the government is equal to effort to play the machinery. In separate countries they dont restrain the resources to arrange there cash in machinery and they have people cleaning with brooms. Labor is cheaper consequently paying a machinery and spending money on gas as well. 2. The raw material question facing any hunting lodge does technology that play the greatest role, How are these goods and services to be produced?. Technology plays one of the biggest roles because goods are produced with machinery. 3. PPF that is concave shows a to a greater extent(prenominal) genuine production possibilities and the PPF is bowed bulge from the origin because opportunity costs mature and more factors are used. 4. Unemployment is sh ingest on the PPF by the line shifting to the left due to the fact that the production would decrease.5. Three factors that fecal matter contribute t o an economys development would be increasing labor, increase in population, and capital accumulation. 6. A country would suave be competent to benefit from change over because they can produce goods at a lower cost and be able to use inputs of other products of which they traded. 7. 7. The main idea of the video was mainly specialization. This is how things have amend in productivity it displays that everything in the area plays propose. The video used an example of qualification hamburgers, the restaurant has employees and each has there own job, with everyone doing theyre jobs hamburgers are produced faster and more efficiently. The employees are basically the motor of the restaurant, which firebrand them an important factor.

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