The marginal revenue product schedule for land refers to
A. a firm's demand for land.
B. the final demand for land.
C. the final supply of land.
D. the firm's supply of land.
A. a firm's demand for land.
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The natural rate of unemployment is: a. equal to the seasonal unemployment
b. usually equal to 3 percent. c. the unemployment rate when none of the work force is unemployed for more than six weeks. d. the unemployment rate at which the economy is producing its potential GDP. e. defined by the government.
If U.S. goods became less desirable to the British, there would be
a. a rightward movement along the supply of British pounds curve in the dollar-pound market b. a leftward movement along the supply of British pounds curve in the dollar-pound market c. a rightward shift of the supply of British pounds curve in the dollar-pound market d. a leftward shift of the supply of British pounds curve in the dollar-pound market e. no change in the supply of British pounds curve in the dollar-pound market