Refer to Table 11.1. What is the value of the marginal propensity to save?

Which of the following statements identifies a key difference between condominiums and cooperative housing?

A) Condos tends to be less expensive. B) Condo owners are not responsible for maintaining the common spaces in the building. C) Co-op owners have more control over who can move into their building. D) Co-op owners generally commit less time to the building governance.

It is true of the demand side of the market for input pricing that

a. the same marginal productivity principle serves as the foundation for the demand schedule for each type of input. b. the demand schedule for one input cannot be determined independently of demand schedules for other inputs. c. the demand curve is the complete MRP curve. d. any inward shift in demand for a commodity will result in outward shifts in the demand curves for the inputs used to produce the commodity.