Over the range of positive, but diminishing, marginal returns for an input, the total product curve:
A. Falls
B. Rises at a constant rate
C. Rises at a decreasing rate
D. Rises at an increasing rate
C. Rises at a decreasing rate
Economics
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The standard way to measure the effect of debt in an economy is the stock of debt relative to the GDP
Indicate whether the statement is true or false
Economics
How does an increase in the savings rate affect the multiplier in an economy, if at all?
a) The multiplier would turn from positive to negative. b) The multiplier would stay the same. c) The multiplier would increase. d) The multiplier would decrease.
Economics