Refer to the data. Diminishing returns begin to occur with the hiring of the _________ unit of labor





Use the following data to answer the question:



A. first

B. second

C. third

D. seventh

Answer: v

Economics

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Over the last 100 years or so, the U.S. economy has grown annually at an average rate of:

A. 1 %. B. 2 %. C. 3 %. D. 4 %.

Economics

Bank A has checkable deposits of $800,000 and total reserves of $200,000. If the required reserve ratio is 0.11, the bank has required reserves of

a. $600,000. b. $88,000. c. $112,000. d. $22,000.

Economics