More complementary resources would ____________ the productivity and the marginal revenue product of labor.
A. tend to raise
B. tend to lower
C. not effect
A. tend to raise
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If the Fed sells U.S. government securities, the
A) money supply decreases, and the money supply curve shifts to the right. B) money supply decreases, and the money supply curve shifts to the left. C) money supply increases, and the money supply curve shifts to the left. D) money supply increases, and the money supply curve shifts to the right.
Suppose you get a tax refund of $20,000 and instead of spending it on items that had been on your wish list for two years, you put it all in your checking account at the First National Bank of Urbana. And if that deposit allows the bank to loan out $17,000 . then the legal reserve requirement must be
a. 0.15 percent b. 0.85 percent c. 1.5 percent d. 8.5 percent e. 15 percent