An explanation for the slowdown in U.S. productivity growth in the 1973–1995 period was higher oil prices caused by

The simple deposit multiplier is larger than the money multiplier

Indicate whether the statement is true or false

The marginal physical product of labor is not

a. the change in output that results from employing an additional worker b. the average productivity of each worker employed c. the marginal contribution to output of each additional worker d. a measure of the contribution of an additional worker to output e. usually increasing at an increasing rate for the first units of labor used in production