Refer to the data. The average product (AP) when two units of labor are hired is:
Use the following data to answer the question:
A. 8.
B. 9.
C. 10.
D. 18.
B. 9.
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10% of the total food grains produced in a country during a year got damaged due to poor storage. Which of the following will happen in this case?
A) Imports will fall. B) Trade surplus will increase. C) GDP will remain unchanged. D) GDP will decrease.
Using Figure 2 below, suppose that the economy started at PAE2. A potential change that could cause the economy to go from PAE2 to PAE3 might be:
A. wealth level increases.
B. interest rates increase.
C. taxes increase.
D. domestic income increases.
A central bank has three traditional tools to conduct monetary policy: open market operations, reserve requirements, and discount rates.
Select whether the statement is true or false. A. True B. False
Capital Funding
What will be an ideal response?