Week 10 Discussions

Anonymous

Question Description

Week 10 Discussion - Econ 1 -

PDF CLASS BOOK: OPENSTAX GREENLAW TAYLOR ECONOMICS 1ST EDITION - https://openstax.org/details/books/principles-econ...

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There are three components to productivity growth:

1) the increase in the "quantity" and the "quality" of physical capital;

2) the increase in the "quantity" and the "quality of human capital; and

3) the improvement in technology.


A) Provide examples of how changes in these components have to led to macroeconomic growth in the past.

B) Speculate on how these components could change in the future and either accelerate or retard macroeconomic growth in the future.

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One should always be concise and direct in their messages, but students should initially provide at least 200 words of thoughtful, interesting, and worthwhile text in their first two formal replies. Concrete and specific examples are encouraged. The goal is an integration of textbook theory and real world examples. (provide ref from the pdf class book)

PDF CLASS BOOK: OPENSTAX GREENLAW TAYLOR ECONOMICS 1ST EDITION - https://openstax.org/details/books/principles-econ...

Thank You So Much!

Tutor Answer

agneta
School: Carnegie Mellon University

Attached.

Running head: MACROECONOMICS

1

Macroeconomics
Institutional Affiliation
Date

MACROECONOMICS

2

The rapid macroeconomic growth of many countries is as a result of an increase in the
quantity of infrastructure and improved quality of the same over time. Physical capital is an
essential factor of production and its improvement over the long term can increase the capacity
of the economy. Increasing productivity, the value of produc...

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Review

Anonymous
Tutor went the extra mile to help me with this essay. Citations were a bit shaky but I appreciated how well he handled APA styles and how ok he was to change them even though I didnt specify. Got a B+ which is believable and acceptable.

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