The Industrial Revolution refers to the period 1950–1970, which was characterized by rapid manufacturing-sector growth in the United States.
Answer the following statement true (T) or false (F)
False
Economics
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Refer to above figure. If OmL1 workers are employed in manufacturing then what is the marginal productivity of labor in manufacturing?
What will be an ideal response?
Economics
The intercept of the equation: Y = .09 + 1.5X is 1.5
Indicate whether the statement is true or false
Economics
Both liberal and conservative economists believe that:
A. that people make choices without reasoning. B. economic incentives are important. C. people are little influenced by sociological effects. D. they have nothing in common.
Economics
The total market value of final goods and services that could be produced in a given time period at full employment is called (2)
What will be an ideal response?
Economics