The Federal Reserve can increase aggregate demand by:

At the XYZ Co, a unit of capital costs three times as much as a unit of labor. If MPK = 10, MPL = 5, then this firm

A) is minimizing its cost at current output level. B) should use more capital and less labor to raise output at current cost. C) should use less capital and more labor to raise output at current cost. D) None of above.

A numerical limit imposed by a government on the quantity of a good that can be imported into the country is called a

A) tariff. B) quota. C) quantity floor. D) barricade.