Which of the following is NOT considered to be a factor in the determination of a person's marginal productivity?
A) innate abilities such as high intelligence
B) investment in human capital such as education
C) on-the-job training
D) the elasticity of supply of labor
D
Economics
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The economy is in a recessionary gap, wages are inflexible downward, and investment spending is insensitive to changes in the interest rate. In this situation, a Keynesian is likely to advocate the use of __________ policy
A) expansionary monetary B) contractionary monetary C) expansionary fiscal D) contractionary fiscal
Economics
Briefly describe the historical background that gave rise to antitrust and regulation in the United States
What will be an ideal response?
Economics