If a firm experiences diminishing marginal productivity of labor, the total-cost curve gets flatter as the quantity of output increases
a. true
b. false
Answer: a. true
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In Figure 4-5 above, people would be trying to increase their holdings of money at
A) points A and E. B) points B, E, and C. C) point A. D) points A and B. E) point D.
Which of the following groups were least likely to support restrictions on immigration?
a. Organizations like the Ku Klux Klan. b. Unionized labor. c. Employers. d. The south.
Market interest rates are determined by
a. banks b. Wall Street c. the demand for loanable funds d. the supply of loanable funds e. the demand for and supply of loanable funds
Which statement is true?
A. No one receiving public assistance is employed. B. Some people receiving public assistance are employed. C. More people were receiving public assistance in 2007 than in 1994. D. According to current law, no one will be eligible to receive public assistance by the end of 2012.