Marginal productivity is
a. The total output associated with total inputs
b. The total output associated with extra inputs
c. The extra output associated with total inputs
d. The extra output associated with extra inputs
d
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The Ricardian equivalence implies that
A) the level of government spending has no impact. B) the level of taxes has no impact. C) the distribution of government expenses though time has no impact. D) the distribution of taxes through time has no impact.
Why do firms form a cartel? How do cartels achieve their goals?
What will be an ideal response?
When salaries are paid more frequently, the velocity of money speeds up because individuals hold more cash
a. True b. False Indicate whether the statement is true or false
Personal consumption spending is the most sensitive component of aggregate demand to monetary policy
a. True b. False Indicate whether the statement is true or false