If the product produced by workers experiences a decrease in demand, the value of marginal product of labor will:
A. increase, increasing the demand for labor.
B. increase, decreasing the demand for labor.
C. decrease, increasing the demand for labor.
D. decrease, decreasing the demand for labor.
D. decrease, decreasing the demand for labor.
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When interest rates are lower, consumers and companies are able to borrow money cheaply in order to make major purchases. As a result, the demand for goods in an economy will generally
A) remain the same. B) increase. C) decrease. D) be minimally affected.
A market economy answers the question "how" will goods be produced by focusing on a. dollar votes
b. consumer sovereignty. c. least-cost method of production. d. who can afford these goods.
Since 1802, the American stock market has yielded an average annual real return (the return adjusted for inflation) of approximately
a. 3 percent. b. 5 percent. c. 7 percent d. 11 percent.
which of the following is true of regulation?
What will be an ideal response?