Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

I m confused about US economy of (blank), thx QUESTION 9 For each question, find how this economic event affects growth of the U.S. economy

I m confused about US economy of (blank),

thx

image text in transcribed
QUESTION 9 For each question, find how this economic event affects growth of the U.S. economy (whether it grows/shrinks/is unaffected) by affecting which component of the production function (technology, physical capital, human capital, labor force, natural resources). Q9. Lengthening the life of patents on new inventions. US economy: choices: grows / shrinks / is unaffected Which component: technology choices: technology / physical capital / human capital / labor force / natural resources / irrelevant (no effect on growth)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Crashed How A Decade Of Financial Crises Changed The World

Authors: Adam Tooze

1st Edition

0143110357, 9780143110354

More Books

Students also viewed these Economics questions

Question

What does short-term financial planning involve?

Answered: 1 week ago

Question

=+What do you want them to think?

Answered: 1 week ago

Question

=+Why should they buy this product/service?

Answered: 1 week ago