Contrary to Populist views, the lending practices during industrialization provided ample opportunities for firms and agriculturalists to invest, grow and develop
Indicate whether the statement is true or false
True
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Labor productivity measures
A) the growth of real output. B) real output per labor hour. C) the growth in the quantity of labor. D) the growth of per capita real GDP.
Avner is maximizing total utility by buying sports magazines and protein supplements. For him to buy more sports magazines
A) the price of sports magazines has to fall. B) the price of sports magazines has to rise. C) the price of protein supplements. has to fall. D) Since Avner is maximizing his utility, nothing can change the consumption of sports magazines.
Exchanges of stocks take place
A) in New York City only. B) in the principle financial city of each country, such as New York City for the United States and London for England. C) in a decentralized fashion around the world. D) in centralized physical locations known as stock exchanges and online through Internet brokers.
In long-run equilibrium, monopolistically competitive firms produce where:
A. marginal cost is equal to price. B. marginal revenue is equal to price. C. marginal revenue is greater than marginal cost. D. average total cost is equal to price.