Deficit spending

What will be an ideal response?

government spending
in excess of tax revenues collected

Economics

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Cindy's Sweaters' production function is shown in the above table. What is the marginal product of labor when the 4th worker is hired?

A) 4 sweaters per day B) 2 sweaters per day C) 20 sweaters per day D) 5 sweaters per day

Economics

Because people's wants are unlimited but resources are scarce,

a. only the rich get everything they want b. choices must be made c. there will be more services produced than goods d. people search for spiritual fulfillment rather than material fulfillment e. poor people never get anything they want

Economics