When the slope of the total product curve is steep, the marginal product is
A) zero.
B) negative.
C) high.
D) low.
E) not defined.
C
Economics
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China's economy was much more agricultural than Russia's, and observers believe this aided its economic transition
Indicate whether the statement is true or false
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In the real business cycle theory, during a period when output is falling,
a. workers are voluntarily giving up their jobs. b. the quantity supplied of labor is falling. c. aggregate productivity must be falling. d. all of the above. e. none of the above.
Economics