Red Stone Creamery currently hires 5 workers. When it added a 6th worker, its output actually fell. Which of the following statements is true?
A) The total product becomes negative.
B) The average product of the sixth worker is negative.
C) The sixth worker is not as skilled as the fifth worker.
D) The marginal product of the sixth worker must be negative.
D
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a. True b. False Indicate whether the statement is true or false
Reducing pollution to zero emissions would be socially efficient
a. True b. False Indicate whether the statement is true or false
The regional Federal Reserve bank presidents are:
A. selected by the Federal Reserve Board of Directors. B. allowed to serve no more than two consecutive four-year terms. C. are responsible for overseeing the day-to-day actions of the regional banks. D. responsible for ensuring that money supply can adequately meet the demand for money.
Trade deficits always lead to future decreases in consumption if the trade deficits:
A. support current investment. B. support current consumption. C. support either current investment or current consumption. D. require borrowing from abroad.