Which of the following will occur when the capital stock falls?
A) profit per unit of capital will increase
B) profit per unit of capital will decrease
C) there will be no change in profit per unit of capital
D) there will be an ambiguous effect on profit per unit of capital
E) none of the above
A
Economics
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What will be an ideal response?
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If a family's MPC is 0.7, it means that the family is:
A. Operating at the break-even point B. Spending seven-tenths of any increment to its income C. Necessarily dissaving D. Spending 70 percent of its disposable income
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