In most of the financial crises of the last decade, there were large and sudden financial outflows as both home and foreign investors tried to avoid the expected crises

Indicate whether the statement is true or false


TRUE

Economics

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If the marginal product of the second worker hired by a firm is 14 units and the price of a unit of output is $7 regardless of the quantity of output sold, then the marginal revenue product of the second worker is

a. $98 b. $14 c. $7 d. $2 e. $21

Economics

Suppose you read in the Wall Street Journal that actual investment in Canada in 2003 was less than the intended investment Canadian businesses had hoped to make. You would conclude that in 2003, the level of inventories in Canada was

a. less than desired and that Canadian output rose b. less than desired and that Canadian output fell c. greater than desired and that Canadian output rose d. greater than desired and that Canadian output fell e. greater than desired but would be unable to tell what effect it had on Canadian output

Economics

The largest marital status category of black single parents in 1960 was "married-spouse absent."

Indicate whether the statement is true or false

Economics

Capital is a stock variable

a. True b. False

Economics