Question : 31) A diagram of a productivity curve has A) real GDP : 1228337

Economics

31) A diagram of a productivity curve has

A) real GDP per hour of labor on the y-axis and capital per hour of labor on the x-axis.

B) real GDP per hour of labor on the y-axis and hours of labor on the x-axis.

C) capital per hour of labor on the y-axis and real GDP per hour of labor on the x-axis.

D) real wages per hour on the y-axis and real GDP per hour of labor on the x-axis.

E) real GDP per hour of labor on the y-axis and real wages per hour on the x-axis.

32) The productivity curve

A) has a positive slope.

B) has a negative slope.

C) is vertical.

D) is horizontal.

E) is U-shaped.

33) Suppose that an Intel worker rearranges existing machines and labor and increases the quantity of chips Intel can produce. Using the productivity curve graphed, this innovation would be described as

A) a movement upward along the curve.

B) a movement downward along the curve.

C) a shift of the curve upward.

D) a shift of the curve downward.

E) no change to the productivity curve.

34) If capital per hour of labor increases, GDP per hour of labor

A) decreases for a given level of technology.

B) increases because the level of technology advances.

C) increases for a given level of technology.

D) decreases because the level of technology decreases.

E) changes only if technology also advances.

35) If capital per hour of labor decreases, real GDP per hour of labor

A) decreases because the level of technology decreases.

B) increases because the level of technology increases.

C) increases for a given level of technology.

D) decreases for a given level of technology.

E) changes only if technology also advances.

36) If the level of technology rises, GDP per hour of labor

A) increases for any level of capital per hour of labor.

B) increases because the level of capital per hour of labor increases.

C) decreases for a given level of capital per hour of labor.

D) decreases because the level of capital per hour of labor decreases.

E) does not change because GDP increases only when capital or labor increases.

37) A technological change ________ and a change in the capital stock ________.

A) shifts the productivity curve; shifts the productivity curve

B) shifts the productivity curve; creates a movement along the productivity curve

C) creates a movement along the productivity curve; shifts the productivity curve

D) does not change the productivity curve; creates a movement along the productivity curve

E) does not change the productivity curve; shifts the productivity curve

38) Labor productivity equals ________.

A) real GDP × aggregate hours

B) real GDP ÷ aggregate hours

C) aggregate hours ÷ real GDP

D) aggregate hours × labor productivity

E) aggregate hours ÷ labor productivity

39) Labor productivity equals

A) real GDP divided by the capital stock.

B) real GDP divided by the population.

C) total wages divided by real GDP.

D) real GDP divided by aggregate hours.

E) aggregate hours divided by employment.

40) If real GDP is $1,200 billion, the population is 60 million, and aggregate hours are 80 billion, labor productivity is

A) $5.00 an hour.

B) $6.67 an hour.

C) $15.00 an hour.

D) $20,000.

E) $150 an hour.

41) If aggregate hours are 100 billion hours and labor productivity is $40 an hour, than real GDP equals

A) $100 billion.

B) $40 billion.

C) $100 trillion.

D) $2.5 trillion.

E) $4 trillion.

42) Which of the following lists gives factors that increase labor productivity?

A) saving and investment in physical capital, and wage increases

B) expansion of human capital, labor force increases, and discovery of new technologies

C) expansion of human capital, population growth, and discovery of new technologies

D) saving and investment in physical capital, expansion of human capital, and discovery of new technologies

E) labor force increases and wage increases

43) Growth in physical capital depends most directly upon the

A) amount of saving and investment.

B) number of firms in the nation.

C) speed of population growth.

D) amount of government expenditures.

E) level of human capital.

44) Human capital is

A) the same as labor productivity.

B) a measure of the number of labor hours available.

C) the accumulated skills and knowledge of workers.

D) the average number of years of schooling of the labor force.

E) is what people are born with and cannot be changed.

45) The productivity curve shifts upward when

A) physical capital increases.

B) human capital decreases.

C) hours of labor increase.

D) hours of labor decrease.

E) technology advances.

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July 1, 2023

Write a sample cover letter that highlights why you would be ideal for a marketing position at a Company of your pick in Florida . In the cover letter, you need to mention the position and discuss the tasks that would be required of you in that position. You can address the cover letter to either a real or fabricated person/organization. Do not address it to “To Whom It May Concern” or “Dear Sir/Madam” or anything else-generic.

Cover Letter Content: • Includes your contact information, date, salutation/greeting (with hiring manager’s full name, title, company, address), body, closing, signature - i.e., major components of a cover letter. • Components are organized logically and overall the letter is attractive. • Letter is concise. • Audience is clear; addressed to real or fabricated person/organization. • Identifies specific position and why you would be ideal for it. Discusses tasks required for that position and knowledge of potential employer. • Discusses your relevant skills, experience, etc. that will make you ideal for the position. • Includes request for interview or meeting with specific manner of follow-up/reverse call to action, note of appreciation, and mentions resume in closing.

BELLOW IS A PART OF MY RESUME TO HELP WRITE THE COVER LETTER.

Summary

Motivated sales driven rental manager focused on attaining a motivated and competitive work environment along with dynamic operating conditions. Customer service oriented and methodical with strengths in accounts maintenance.

Skills

· Key accounts and territory management

· Capital improvement planning

· Systems and automation applications

· Brand management

Experience

Enterprise Holdings | Miami, FL

Assistant Branch Rental Manager

11/2019 – 11/2020

· Remained calm and professional in stressful circumstances and when dealing with unhappy customers, effectively diffusing situations.

· Met with each associate to establish realistic monthly sales goals.

· Strengthened product branding initiatives and coordinated effective marketing campaigns.

· Reviewed employee performance every week and delivered constructive feedback to improve weaknesses.

· Upheld internal standards and productivity goals to meet sales and growth targets.

· Identified growth areas requiring immediate improvement and rolled out marketing program, boosting branch's fleet 16%.

· Executed non-negotiable strategies to foster better customer service and promote positive and engaging environment for all.

· Drove profit increases by leveraging market knowledge and natural leadership talents.

Enterprise Holdings | Miami, FL

Management Trainee

05/2019 - 11/2019

· Ranked 1st place on the sales performance ranking for 4 consecutive months with a total additional revenue of $160,000.

· Achieved a 4-month Customer Service score of 87%, 3 points above corporate average.

· Ran daily sales reports to assess performance and make proactive adjustments.

Equinox | Miami, FL

Sales Associate

10/2017 - 06/2018

· Arranged special accommodations for guests to maintain optimal satisfaction

· Managed all front desk operations for busy high-volume Health Club.

· Confirmed transactional data by verifying name and payment information and clearly communicating costs and fees to patrons.

· Participated Management Assistance, handling member's accounts and payments.

· Supported Membership Advising participating in more than 100 memberships sold.