Based on the data in the table above, after which worker is hired do diminishing marginal returns begin?
A) the first
B) the fifth
C) the sixth
D) the ninth
C
Economics
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How much would the firm make in revenue if it prices both its products successfully?
a. $110 b. $120 c. $130 d. $140
Economics
Refer to the given data. The monetary multiplier for the commercial banking system is:
Answer the question on the basis of the following consolidated balance sheet of the commercial banking system. Assume that the reserve requirement is 20 percent. All figures are in billions and each question should be answered independently of changes specified in all preceding ones.
A. 5.
B. 10.
C. 15.
D. 20.
Economics