When firms increase capital stock, the productivity of their workers increases
Indicate whether the statement is true or false
TRUE
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Money in the U.S. is essentially debt of
A. the national and local governments. B. businesses and the banks. C. the Federal Reserve System and the banks. D. businesses and the Federal Reserve System.
When the government cuts the income tax rate, the supply of labor ________, the demand for labor ________, and the equilibrium level of employment ________
A) increases; increases; increases B) increases; decreases; increases C) increases; does not change; increases D) decreases; increases; increases E) increases; does not change; decreases
Describe the Cournot model
What will be an ideal response?
In Figure 3-4 above, the shift from Ap0 to Ap1 could have been caused by a rise in net exports of
A) 180. B) 750. C) 120. D) 300.