Your friend claims "Devoting a larger share of national output to investment would help restore rapid productivity growth." Having studied the Solow growth model, you respond with: a. "Devoting more output to investment would decrease output per worker and not help productivity growth in the long run." b."Devoting more output to investment would increase capital per worker and ultimately decrease output per worker." c."An increase in saving and investment would increase productivity per worker in the short run, but it would only have a level effect in the long run." d. "An increase in saving and investment would increase productivity per worker, but it would decrease total output."

The blank is type of decision-maker who over analyzes information

Which statement about the cost of the options is true? she would save $1,000 by choosing option b. she would save $5,650 by choosing option a. she would save $11,200 by choosing option b. she would save $11,300 by choosing option a.

The amberssen specialty company is a chain of twelve retail stores that sell a variety of imported gift items, gourmet chocolates, cheeses, and wines in the toronto area. amberssen has an is staff of three people who have created a simple but effective information system of networked point-of-sale registers at the stores and a centralized accounting system at the company head- quarters. harry hilman, the head of amberssens is group, has just received the following memo from bill amberssen, sales director (and son of amberssen’s founder). harry—it’s time amberssen specialty launched itself on the internet. many of our competitors are already there, selling to customers without the expense of a retail storefront, and we should be there too. i project that we could double or triple our annual revenues by selling our products on the internet. i’d like to have this ready by - giving, in time for the prime holiday gift-shopping season. bill after pondering this memo for several days, harry scheduled a meeting with bill so that he could clarify bill’s vision of this venture. using the standard con- tent of a system request as your guide, prepare a list of questions that harry needs to have answered about this project.