If the MRP of labor decreases, labor:
A. demand will decrease.
B. demand will increase.
C. supply will increase.
D. supply will decrease.
Answer: A
Economics
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Which of the following is infrastructure?
a. Police. b. Training and education. c. Highways. d. All of the above. e. None of the above.
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If U.S. citizens decide to save a smaller fraction of their incomes, U.S. domestic investment
a. increases, and U.S. net capital outflow increases. b. increases, and U.S. net capital outflow decreases. c. decreases, and U.S. net capital outflow increases. d. decreases, and U.S. net capital outflow decreases.
Economics