A private investment firm that holds a portfolio of securities is called a mutual fund.
Answer the following statement true (T) or false (F)
True
Economics
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The table above shows the total product schedule for The X Firm. The average product of labor is maximized at ________ workers because ________
A) 4; productivity is maximized when the 4th worker is employed B) 3; output starts to decrease with the 4th worker C) 5; output is maximized with the 5th worker D) 4; the marginal product of labor is increasing with the 4th worker E) 5; the APL exceeds the MPL for the 5th worker
Economics
What would happen to measured GDP if more people started hiring workers to do house chores such as cooking and cleaning?
What will be an ideal response?
Economics