If the value of the marginal product of physical capital is $30 and the price at which the good the physical capital is used to produce is sold at $15, the marginal product of the physical capital used is:
A) 2 units.
B) 5 units.
C) 15 units.
D) 30 units.
A
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The household saving rate as measured by the Flow of Funds Accounts does NOT include
A) capital gains on stocks, bonds, houses, and other assets. B) net investment in consumer durables. C) household accumulations in government pensions. D) All of the above.
What is a black swan event?
What will be an ideal response?
The supply and demand for saving are brought into equilibrium by adjustments of the ________ rate.
A. nominal interest B. discount C. real interest D. dividend
When a perfectly competitive firm weighs price and marginal cost and no externalities exist, it is weighing the ________ benefits to society of additional production against the ________ costs to society of that production.
A. marginal; marginal B. full; full C. marginal; full D. full; marginal