The principle of diminishing returns implies that as one input increases while the other inputs are held fixed, output
A) increases at an increasing rate. B) decreases at a decreasing rate.
C) increases at a decreasing rate. D) decreases at an increasing rate.
C
Economics
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The Fed conducts an open market purchase of securities of $5,000. If the currency drain ratio is 0 percent and the desired reserve ratio is 10 percent, then the total increase in the quantity of money is
A) $4,000. B) $5,000. C) $20,000. D) $50,000. E) $10,000.
Economics
Why does a penalty kicker in a soccer game use a mixed strategy?
What will be an ideal response?
Economics