If the growth rate of multifactor productivity is 1.775, b = 0.15, n = 1, and y = 3, then the growth rate of capital is
A) 1.225.
B) 1.45.
C) 4.0.
D) 2.5.
D
Economics
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If the sellers of a good are taxed for each unit sold, ________
A) the price that buyers need to pay falls B) a larger quantity of the good is sold C) the price that sellers receive increases D) a smaller quantity of the good is sold
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A consumer's total utility is maximized when the total utility per dollar from all goods is equalized
Indicate whether the statement is true or false
Economics
What does a perfectly competitive firm do to maximize profits?
What will be an ideal response?
Economics
The Federal Reserve consists of ________ regional banks, ________ governors on the Board of Governors, and ________ voting members of the Federal Open Market Committee.
A. 14; 7; 21 B. 7; 12; 12 C. 12; 7; 12 D. 12; 7; 19
Economics