Macroeconomic questions Essay

1. In the States heavy-duty street cleaning machines driven by one someone because the government is able to effort to play the machinery. In other countries they put ont get to the resources to invest in that location money in machinery and they have people cleaning with brooms. Labor is cheaper then paying a machinery and disbursement money on gas as well. 2. The basic question face up any society does technology that play the greatest role, How are these goods and go to be produced?. Technology plays one of the biggest roles because goods are produced with machinery. 3. PPF that is concave shows a more than genuine production possibilities and the PPF is bowed out from the origin because opportunity terms rise and more factors are used. 4. Unemployment is shown on the PPF by the line teddy to the left due to the fact that the production would decrease.5. Three factors that can conduce to an economys growth would be increasing labor, increase in population, and capital a ccumulation. 6. A country would still be able to returns from trade because they can produce goods at a lower cost and be able to use inputs of other products of which they traded. 7. 7. The main concept of the tv was mainly specialization. This is how things have improved in productivity it displays that everything in the initiation plays propose. The video used an example of making hamburgers, the restaurant has employees and each has there own job, with everyone doing theyre jobs hamburgers are produced faster and more efficiently. The employees are basically the motor of the restaurant, which make them an important factor.