As the amount of labor input increases ________. This means that the marginal product of labor (MPL) ________

A) the slope of the production function increases; goes up
B) the slope of the production function falls; declines
C) the slope of the production function falls; goes up
D) the slope of the production function increases; declines
E) none of the above


B

Economics

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The income-expenditure multiplier leads to greater than one-for-one changes in output when spending changes because:

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