An increase in the government budget deficit shifts the supply of loanable funds to the left

Technology spillovers: a. Are caused by patents

b. Can lead to clustering of technology firms near one another. c. Are examples of negative externalities. d. All of the above are true.

The marginal wage is measured by

A. The change in total wages paid divided by the change in the quantity of labor employed. B. Total wages paid divided by the quantity of labor employed. C. The change in total wages paid divided by the change in the quantity of output produced. D. The percentage change in wages divided by the percentage change in the quantity of labor employed.