Question
According to the Romer model, if the stock of ideas
increases by 15 %, how much will output per worker increase when all else is equal?Solution
formula for basic production function, according to Romer is as: Yi = AKiα Li1-α K-ß Now other things is equal, one unit change in A (idea/technology) will increase the output by 1 [dy/dA = 1]. Hence output will increase by 15% if the stock of idea increses by 15%.
What term was introduced by L. Hiltner to describe an area of intense microbiological activity around growing plant roots?
Book value of durable assets refers to:
Urea is constituted by:
“Golden treasure” of Assam is known to which silk
To reduce fertilizer use govt has decreased urea bag size from 50 kg to __ kg.
Apomixis refers to
Dry skin with scales or scutes without gland is a characteristic of
The Central AGMARK lab is located at
The foliar cover at the top layer of the crop plants is referred as:
An 'artificial seed' consists of gel enclosing one of the following components. Which one?
