経済成長とは

経済成長に関する英語の問題です。よくある論点ですが、生産性の成長がポイントです。

内容的には経済理論というより、時事トピック的なレベルです。

（問題）

1. In the U.S. economy, manufacturing employment as a percentage of total employment decreased from 28 percent in the 1950 to 13 percent in the 2000. During the same period of time, manufacturing output experienced slightly more rapid growth than the overall economy. 

Use this information to answer questions (1.a) and (1.b). .


a) What can we infer about the growth in labor productivity (output per worker) in manufacturing from these facts? Explain. 


(1.b) 
In your opinion, should policymakers be concerned about the decline in the share of manufacturing employment? Explain. 


2. Suppose GDP is $10 trillion, taxes are $2 trillion, private saving is $0.5 trillion, and public saving is $0.2 trillion. Assuming this economy is closed, calculate consumption, government purchases, national saving, and investment. 
Explain your calculation process.

（回答）

1a. We can infer that labor productivity seems to have significantly improved.

Slightly more rapid growth with decreaced employment (half in %) . So productivity, production per capita, has increased a lot.

1b. There is no serious concern, as manufacturing experienced solid growth. If the employment moves to more productive industry, it can be regarded as a good sign of economic growth.

2.
savings = investment = .5+.2 = 0.7
government purchase = 2-.2 = 1.8
consumption = 10 - .7 - 1.8 = 7.5

----------------------------------------------------------------------------

経済学・統計学・数学　オンライン指導いたします。

詳しくはこちらをご参照ください。

 https://blog.goo.ne.jp/scm123/e/745ef0930cfd8347f772a1f10c02a565

 https://ecolez.net/

-------------------------------------------------------------------------------