The reserve requirement is 0.10. What is the simple deposit multiplier?
A) 2
B) 20
C) 0.2
D) 10
D
Economics
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The ____ is the situation in which the marginal product of labor is greater than zero and declining as more labor is hired
a. law of demand b. law of diminishing supply c. law of diminishing returns d. law of returns to scale
Economics
The marginal revenue curve for a monopolist is
a. always above the demand curve. b. generally below the average cost curve. c. always above the average revenue curve. d. always below the demand curve.
Economics