Refer to Table 11-1. What is the marginal product of the 4th worker?
A) 137 pounds B) 50 pounds C) 12.5 pounds D) 5 pounds
D
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The table above gives some of the balance of payments accounts of the United States in 2019
a. What is the current account balance? b. What is the capital and financial account balance? c. What is the official settlements account balance? d. What is the balance of all account payments?
Answer the following statements true (T) or false (F)
1) An employer (biased against African Americans) whose discrimination coefficient is $5 will hire only whites if the actual African-American-white wage gap is $7. 2) A reduction in the collective discrimination coefficients of employers will increase the wage rate of those discriminated against but reduce their employment. 3) Statistical discrimination is also known as occupational discrimination. 4) The crowding model of occupational segregation predicts that domestic output will increase if occupational segregation is ended.
Refer to the diagram of the market for money. The equilibrium interest rate is:
A. i 1 .
B. i 2 .
C. i 3 .
D. not determinable without additional information.
Because of the kind of externalities that tend to be generated from general R&D resources bought by firms, the equilibrium price of R&D
A) is above the optimal level, and quantity is below the optimal level. B) is below the optimal level, and quantity is above the optimal level. C) and quantity of R&D are both above the optimal level. D) and quantity of R&D are both below the optimal level. E) must fall in order for the market to reach equilibrium.