According to the principle of diminishing returns, an additional worker decreases total output
Indicate whether the statement is true or false
FALSE
Economics
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In a system of flexible exchange rates, a reduction in the money supply will cause
a. a rise in the value of the dollar relative to foreign currencies. b. a fall in the value of the dollar relative to foreign currencies. c. no change in the value of the dollar relative to foreign currencies. d. a change in the value of the dollar relative to foreign currencies but the direction of the change is uncertain.
Economics
As per capita GDP has risen over time in the United States and other countries, the
What will be an ideal response?
Economics