The value of the marginal product of labor is given by the product of the marginal product of labor and the market wage rate
Indicate whether the statement is true or false
F
Economics
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The data in the table above are the U.S. balance of payments. What is the capital and financial account balance?
A) $0 B) $150 billion C) -$350 billion D) -$150 billion
Economics
Under a fixed exchange rate system, the central bank must
a. have an unlimited supply of domestic currency. b. have a very large supply of foreign assets. c. follow a constant money growth rule. d. allow the money supply to adjust to keep interest rates and exchange rates unchanged.
Economics