Great report from the BBC on the effect of automating tasks. The last sentence says the job is reduced from 12 years to 2
http://www.bbc.co.uk/news/uk-31010111#
Showing posts with label Potential output. Show all posts
Showing posts with label Potential output. Show all posts
Sunday, February 01, 2015
Saturday, June 15, 2013
Saturday, March 03, 2012
Unit 2: How to increase the Aggregate Supply/Potential output of a country
A typical answer would be to have a supply side policy to improve the skills of the workforce.
This worrying clip from the BBC suggests the skills required by a lot of workers are fairly basic
http://www.bbc.co.uk/news/business-17229792
and
http://www.bbc.co.uk/news/education-17224600
a)How would increasing the numeracy skills of a country's workforce increase the potential output /AS of a country?
This worrying clip from the BBC suggests the skills required by a lot of workers are fairly basic
http://www.bbc.co.uk/news/business-17229792
and
http://www.bbc.co.uk/news/education-17224600
a)How would increasing the numeracy skills of a country's workforce increase the potential output /AS of a country?
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