As the capital-labor ratio increases, real GDP per worker ________, and investment per worker ________

A) increases; decreases
B) decreases; increases
C) increases; increases
D) decreases; decreases

C

Economics

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For a monopolistically competitive firm, the demand curve

A) is a horizontal line. B) has a positive slope. C) is vertical. D) has a negative slope. E) is the same as the marginal revenue curve.

Economics

Refer to the given information. If nominal GDP is $300 and the supply of money is $230, the equilibrium interest rate will be:



Answer the question on the basis of the following information. For transactions, households
and businesses want to hold an amount of money equal to one-half of nominal GDP. The table
shows the amounts of money they want to hold as an asset at various interest rates.
A.  8 percent.
B.  6 percent.
C.  4 percent.
D.  2 percent.

Economics