Assuming that w and r are both positive, if the long-run expansion path is horizontal, then
A) MPK = 0.
B) MRTS is a function of capital only.
C) w = r.
D) All of the above.
B
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Health problems prevent people from working harder, which can lower a country's total income. This indicates that in effect, health problems
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In the United States in the 1920s, there were many bank failures in ___ areas, as the result of ___
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Which of the following would favor a trade surplus?
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