Refer to Table 4.2. If you choose to invest in Japanese bonds, your investment return from Scenario C will be
A) -3%.
B) -1%.
C) 2%.
D) 5%.
D
Economics
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If average labor productivity increases, real GDP per person:
A. increases. B. decreases. C. may increase or decrease depending on the change in the share of population employed. D. remains constant.
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Entry barriers can lead to long-run economic profits.
Answer the following statement true (T) or false (F)
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What is the relationship between the marginal product of labor and the value of the marginal product of labor?
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Economies of scope involve
A. economies realized by producing several goods simultaneously. B. economies in marketing and transportation of many products. C. economies from being larger and have lower cost per unit. D. all of the above.
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