Using the data in the above table, what is the marginal product of the third employee?
A) 2 pizzas per hour
B) 3 pizzas per hour
C) 4 pizzas per hour
D) 12 pizzas per hour
B
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Firms that participate in regular open market transactions with ________ are called primary dealers
A) Treasury banks B) the Federal Reserve C) mortgage lenders D) commercial banks
A decrease in the riskiness of corporate bonds will ________ the price of corporate bonds and ________ the price of Treasury bonds, everything else held constant
A) increase; increase B) reduce; reduce C) reduce; increase D) increase; reduce
Which of the following groups would have the lowest unemployment rates?
a. high-school dropouts b. married men c. nonwhite teenagers d. nonwhite women
The additional shifts in aggregate demand that result when there is an increase in government spending is known as the _____
Fill in the blank(s) with correct word