The fraction of total income that is saved equals the _____ propensity to save

Fill in the blank(s) with the appropriate word(s).

Average

Economics

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If 11 workers can produce 53 units of output while 12 workers can produce 56 units of output, what is the marginal product of the 12th worker?

A) 0.16 B) 3 C) 4.67 D) 36

Economics

Explain how the gold standard operated

What will be an ideal response?

Economics