Suppose that in a computer factory, if there is 1 worker, 80 computers are produced per week. If there are 2 workers, 150 computers are produced per week. If there are 3 workers, 210 computers are produced per week. Given this information, there
A) is diminishing marginal product.
B) are too many workers.
C) are not enough workers.
D) is increasing marginal product.
A
Economics
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When the Fed ________, the U.S. foreign exchange rate falls
A) increases the size of the multiplier B) raises the interest rate C) raises taxes on interest income D) buys government securities E) sells government securities
Economics
Which of the following is not a consequence of deflation?
A. Deflation causes uncertainty about the future. B. The threat of deflation can make people reluctant to borrow for long periods. C. Deflation causes the real value of money to fall. D. Firms may be reluctant to undertake investments for fear that the prices at which they can sell their output will drop.
Economics