Where are the final goods and services produced that are included in Germany's GDP?
A) anywhere, as long as they are produced using German labor
B) within Germany
C) within Germany but only if they are produced using only German resources
D) outside of Germany
E) anywhere, as long as they are produced using German resources
B
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If the marginal product of labor falls, the marginal cost of output
a. declines, then increases b. becomes negative c. rises d. remains constant e. falls
The relationship between money supply, output, and the overall level of prices is illustrated by the:
A. measure of real output. B. aggregate price level. C. neutrality of money. D. classical theory of inflation.
Strategy refers to the general policies that managers adopt to increase
A. the generation of profits. B. costs. C. the number of client meetings. D. the rate of technological change.
According to Hughes and Cain (2011), all of the following have been primary motives throughout American history for government regulation except
(a) the existence of monopoly power (b) quality control of products and services (c) funding of government activities through taxation (d) raising wages and improving working conditions