Marginal physical product can tell a producer
A. at what point to stop adding inputs to the production process.
B. how much profit will be made at each level of production.
C. how much the last input added to the total amount of revenue.
D. how much the last input added to the total amount of production.
Answer: D
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A. USSR B. GATT C. WTO D. NAFTA
What happens to the money multiplier when the reserve requirement increases from 20% to 25%?
a) It stays the same. b) It increases from 20 to 25. c) It decreases from 5 to 4. d) It falls to zero.
Acreage set-asides shift the food supply curve to the right and decrease farm prices.
Answer the following statement true (T) or false (F)
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A. modest means to build more equity in their home than a traditional mortgage would allow. B. means to get into a home they would easily have been able to afford. C. modest means to build their credit score by proving they could make challenging payments. D. modest means to get into a home they might otherwise not have been able to afford.