Refer to the below table. What is the marginal revenue product if the firm employs the 12th worker?
A. $19.50
B. $26.50
C. $42.50
D. $47.50
B. $26.50
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In the decade leading up to the financial crisis of 2008, U.S. housing prices:
A. were falling sharply. B. were rising rapidly. C. increased slowly. D. did not change.
Altruism reflects a human motivation that often underlies mutual assistance programs
a. true b. false
A low P/E for a stock indicates that
a. people may expect earnings to fall in the future, perhaps because the firm will be faced with increased competition. b. its dividends have been low so that no one is willing to pay very much for it. c. the corporation is possibly overvalued. d. All of the above are correct.
Lowering the required reserve ratio __________ the simple deposit multiplier which will __________ the economy's money supply
A) raises; increase B) raises; decrease C) lowers; increase D) lowers; decrease