Marginal productivity analysis shows that a drop in the price of the product will cause input use to
a. increase.
b. decrease.
c. stay the same.
d. The information is insufficient to provide an answer.
b
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The best public policy solutions to address the disruptions of foreign trade typically do not involve ____________.
a. politics b. public opinion c. economics d. protectionism
In 1980, the top 1 percent of earners paid 19.1 percent of the federal personal income tax. By 2010, the share of this tax collected from the top 1 percent of earners
a. had declined to less than 15 percent. b. was still slightly less than 20 percent. c. had risen to approximately 25 percent. d. had risen to over 35 percent.
The leader of the monetarist school and major proponent of a monetary growth rule was
A) Ben Bernanke. B) Milton Friedman. C) Alan Greenspan. D) Paul Volcker.
Owners have limited liability for debt
What will be an ideal response?