Use the above table. The MFC of the 4th worker is
A) $5.
B) $6.25.
C) $25.
D) $40.
D
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Which of the following is likely to lead to a partial recovery after a recession?
A) A decrease in money supply B) A decrease in tax rates C) A decrease in government spending D) An increase in the interest rate
Suppose the price of oranges rises. As a result, the
A) supply of orange pickers increases. B) supply of orange pickers decreases. C) demand for orange pickers increases. D) demand for orange pickers decreases.
A reduction in production costs will not result in which of the following?
A. rightward shift of the supply curve. B. increase in supply. C. greater willingness and ability of producers to supply a larger quantity at any given price. D. greater willingness and ability of consumers to demand a larger quantity at any given price.
When the U.S. debt-to-GDP ratio has fallen, it has generally been because:
A. the budget deficit rose. B. income rose. C. income fell. D. the budget deficit fell.