The situation in which short-term interest rates are pushed to zero, leaving the central bank unable to lower them further is known as

A) an interest rate panic. B) the Taylor rule.
C) a zero-sum game. D) a liquidity trap.

D

Economics

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In the above figure, after the second worker is hired, the marginal product of labor is

A) increasing. B) diminishing. C) constant. D) zero.

Economics

Price and concentration ratios are inversely related

Indicate whether the statement is true or false

Economics