For a given technology and a given labor force, labor productivity will be ____ when the capital stock is ____.
A. higher; larger
B. lower; larger
C. lower; unchanged
D. higher; smaller
Answer: A
Economics
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Refer to Figure 5-2. The true marginal cost of the last unit produced is represented by the price
A) Pa. B) Pb. C) Pc. D) Pf.
Economics
What special role does the president play in creating fiscal policy?
What will be an ideal response?
Economics
Banks hold excess and secondary reserves to
A) reduce the interest-rate risk problem. B) provide for unexpected deposit outflows. C) satisfy margin requirements. D) achieve higher earnings than they can with loans.
Economics
Of the different types of businesses, a corporation has the ________ government rules and the ________ government regulations affecting it
A) least; least B) least; most C) most; least D) most; most
Economics