As the quantity of labor increases while the amount of other inputs are held constant, marginal product of labor will
A) increase continuously.
B) decrease continuously.
C) initially decrease and then increase.
D) initially increase and then decrease.
Answer: D
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Explain how both renters and landlords could be either winners or losers with the imposition of rent control
What will be an ideal response?
The long-term bond rate is ________ than the short-term rates, and it fluctuates _________ than the short-term rates.
Fill in the blank(s) with the appropriate word(s).
Distinguishing between stock measures and flow measures of the labor force, the stock measures are
A. the total number of people who are unemployed only. B. the labor force only. C. the number of people who lost their jobs and the number of people who found jobs only. D. the total number in the labor force and the total number of people who are unemployed only.
Rapid growth of government spending in Latin America in the 1970s led to
A) the Debt Crisis. B) rapid economic growth. C) direct foreign investment. D) capital outflows.