A. new biological chemical mechanical inputs in production
B. new technical and organizational knowledge from greater specialization
C. expanded markets for agricultural output
D. massive government intervention
Related Mcqs:
- A combined measure of productivity that takes account of both labor and capital productivity is known as ?
A. total exploitation
B. labour/capital productivity
C. total factor productivity
D. total productivity - Gunnar Myrdal argues that a major barrier to high labor productivity is ?
A. due to a lack of education
B. a class system in which the elite are contemptuous of manual work
C. upper-and middle-class westerners
D. The lack of bargaining power y cheap labor - Which of the following country was not a major LDC debtor in 2001 ?
A. Brazil
B. Argentina
C. Thailand
D. Malaysia - Low agricultural productivity in developing countries is mainly caused by ?
A. shortages of inputs including land
B. an over-investment in farm equipment
C. migration from rural areas to urban areas
D. a lack of effective demand for food products - Assume that Country A is relatively abundant in labor and Country B is relatively abundant in land Note that wages are the returns to labor and rents are the returns to land According to the factor price equalization theorem, once Country A begins specializing according to comparative advantage and trading with Country B: A. wages and rents should fall in Country A B. wages and rents should rise in Country A C. wages should rise and rents should fall in Country A D. wages should fall and rents should raise in Country A ?
XA. wages and rents should fall in Country A
B. wages and rents should rise in Country A
C. wages should rise and rents should fall in Country A
D. wages should fall and rents should raise in Country A - G. MacDougal compared export ratios and labor productivity ratios for the United States and the United Kingdom in order to test the:
A. Ricardian theory of comparative
B. Heckscher Ohl in theory of comparative advantage
C. Linder theory of overlapping demand all of the above
D. None of these - The theoretical basis for zero marginal productivity of labor was the concept of ?
A. marginal rate of substitution
B. labor force literacy
C. substitution of leisure and work among labor
D. limited technical sustainability of factors - Labor productivity is higher in DCs such as Japan and Germany than LDCs due to ?
A. high formal education and training
B. better health and physical condition of the labor force
C. Both a and b are correct
D. None of the above is correct - All of the following represent obstacles to LDC development except ?
A. resource scarcity
B. low levels of investment
C. low population
D. poor infrastructure
E. poor human capital - Which of the following is true with regard to a tax on labor income? Taxes on labor income tend to encourage ?
A. the unscrupulous to enter the underground economy
B. the elderly to retire early.
C. all the things described in these answers.
D. second earners to stay home.
E. workers to work fewer hours
