As firms use more and more of an input, ________
A) the marginal product of other inputs tends to increase
B) the marginal product of the input declines
C) the price of the input may increase
D) all of the above
E) none of the above
D
Economics
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The school that places primary emphasis on shifting the aggregate supply curve to achieve greater stabilization and economic growth is
a. classical economics b. neo-Keynesian economics c. supply-side economics d. Keynesian economics e. monetarist economics
Economics
Which of the following is a feature of a bond market? a. Only households can borrow money through a bond market
b. Only corporations can borrow money through a bond market. c. Both households and corporations borrow money from a bond market. d. Both corporations and government borrow money from a bond market.
Economics