The firm should hire more labor as long as doing so adds more to ________ than it does to ________

Refer to the scenario above. Using 2012 as the base year, what is the real GDP of the economy in 2012?

A) $57,500 B) $75,000 C) $45,000 D) $55,000

Under both the gold standard and the gold exchange standard countries bought and sold U.S. dollars to maintain a fixed exchange rate with the dollar

a. True b. False Indicate whether the statement is true or false