Under the Clinton administration, attempts were made to relax the antitrust enforcement efforts of the Reagan administration
a. True
b. False
Indicate whether the statement is true or false
False
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The marginal revenue product of labor equals
a. MP/wage b. change in total revenue/change in units of labor c. change in total revenue times the change in units of labor d. P/MP e. MP ? wage
If British real GDP rose relative to U.S. real GDP, there would be
a. a rightward movement along the supply of British pounds curve in the dollar-pound market b. a leftward movement along the supply of British pounds curve in the dollar-pound market c. a rightward shift of the supply of British pounds curve in the dollar-pound market d. a leftward shift of the supply of British pounds curve in the dollar-pound market e. the tendency for the supply of British pounds curve to become flatter in the dollar-pound market