The quantity of money is $1 billion, the price level is 1.10, and real GDP is $10 billion. What is the velocity of circulation?

The capital-labor ratio will tend to increase over time when

A) investment per worker equals saving per worker. B) investment per worker exceeds saving per worker. C) investment per worker is less than depreciation per worker. D) saving per worker equals depreciation per worker. E) output per worker is less than capital per worker.

Several related measures of cost can be derived from a firm's total cost

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