Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Microeconomics Expert

Economics


Home >> Microeconomics

Quesiton: Economic historians have determined that it took about 40 years from the harnessing of electricity for industrial power until it had a significant impact on productivity growth. The same argument is now being used about microcomputers and the internet, the claim being that the biggest gains in productivity from these new developments have yet to occur. Explain why you think that hypothesis is valid, or why not.

Microeconomics, Economics

  • Category:- Microeconomics
  • Reference No.:- M93114922

Have any Question?


Related Questions in Microeconomics

Question consider two goods widgets and gzots which can be

Question: Consider two goods, widgets and gzots, which can be taxed to generate government revenue. The demand elasticity of widgets is 0.5 and of gzots is 1.2. For each good the supply elasticity is infinite (horizontal ...

Question assume the government was paying 500000 people an

Question: Assume the government was paying 500,000 people an average of $10,000 per year for unemployment benefits. (A) Under the new regime to end welfare, all these people are hired by the government to perform various ...

Question assume an economy with 100 identical consumers in

Question: Assume an economy with 100 identical consumers. In the current period each consumer receives 16 units and pays taxes of 6 units, while in the future, each receives income of 20 units and pays taxes of 9.50 unit ...

Question to solve the congestion problems of the big cities

Question: To solve the congestion problems of the big cities, Congress decides to increase the Federal gasoline tax by 25 c per gallon, with a rebate to largely rural states; the net effect will raise approximately $20 b ...

Question - market demand - in gas pump south dakota every

Question - Market Demand - In Gas Pump, South Dakota, every Buick owner's demand for gasoline is 20 - 5p for p less than or equal to 4 and 0 for p > 4. Every Dodge owner's demand is 15 - 3p for p less than or equal to 5 ...

Question what is the difference between endogeneity and

Question: What is the difference between endogeneity and spurious correlation? Explain how independent and dependent variables are related to one another, making reference to causal arguments. The response must be typed, ...

Question discuss in scholarly detail differences between

Question: Discuss in scholarly detail differences between incremental and breakthrough innovation. What risks are associated with each approach? The response must be typed, single spaced, must be in times new roman font ...

Question there are two bags each containing 100 ping-pong

Question: There are two bags, each containing 100 ping-pong balls. Bag A contains 100 red balls and no black balls, and bag B contains 20 red and 80 black. You are blindfolded and reach into a bag. There is a .5 probabil ...

Question the united states economy is experiencing a

Question: The United States economy is experiencing a moderate economic downturn. The Republican President has addressed the downturn using stereotypical Republican methods. The economy failed to improve significantly, a ...

Question startups please respond to the followingresearch a

Question: "Startups" Please respond to the following: Research a startup from within the last five years. This can be a business with national exposure or a local business from your area. Give a brief overview of what th ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As

Follow Us

© Copyright 2013-14 mywordsolution.com All rights reserved