Based on the above production data table for Ken's Pizza Parlor, we know that the average product of labor curve begins to decrease after hiring worker ________

If a firm decreases its capital stock, real wages will likely ________ and the equilibrium quantity of labor will likely ________

A) decrease; increase B) increase; increase C) decrease; decrease D) increase; decrease

Exchange rate expectations:

A. affect exchanges rates and are more important than fundamentals in the short run. B. affect exchange rates, but only in the long run. C. affect exchange rates but are not as important as fundamentals in the short run. D. do not affect exchange rates in the short run or the long run.