According to Keynesian theory, the profit-maximizing firm demands labor up to the point at which
a. the real wage is equal to the marginal productivity of labor.
b. the money wage paid to labor is just equal to the money value of the marginal product of labor.
c. labor and capital costs are equal.
d. a and/or b are correct.
D
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Refer to the figure below.________ inflation will eventually move the economy pictured in the diagram from short-run equilibrium at point ________ to long-run equilibrium at point ________. 
A. Rising; A B. Falling; A; C C. Falling; B: C D. Rising; A; C
Which of the following is a substitute way of describing what economists mean by the concept of utility?
a. money b. displeasure c. satisfaction d. action e. practicality
Which of the following groups has the highest percentage below the poverty threshold?
a. householder with no high school diploma b. family with seven or more people c. black d. white e. single mothers
If the economy experiences inflation, aggregate...
What will be an ideal response?