Marginal Revenue Product with six units of labor would be
A. $70.
B. $60.
C. $120.
D. -$60.
D. -$60.
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Considering the United States to be a capital-abundant country, which of the following facts would contradict the predictions of the Heckscher-Ohlin theory?
A. The United States is a net importer of labor-intensive products. B. The United States is a net importer of capital-intensive products. C. The United States is a net importer of certain natural resources such as petroleum. D. The United States is a net importer of products that use farmland intensively.
In the United States, the Federal Deposit Insurance Corporation (FDIC) collects deposit insurance premiums from banks and guarantees bank deposits up to
a. $100,000. b. $200,000. c. $250,000. d. $500,000.
Downsizing can be represented by
a. moving to a point on the left along the LRATC curve b. moving to a different short-run ATC curve on the right c. remaining on the same short-run ATC curve d. a downward shift in the LRATC curve e. an upward shift in the LRATC curve
Which of the following has had the most rapid growth over the last two decades?
a. Germany b. France c. Pakistan d. Bangladesh e. India