As the quantity of labor increases while the amount of other inputs are held constant, marginal product of labor will
A) increase continuously.
B) decrease continuously.
C) initially decrease and then increase.
D) initially increase and then decrease.
Answer: D
Economics
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In the United States since 1970, the quantity of M1 money people hold as a percentage of GDP has
A) decreased. B) remained constant. C) decreased at first and then increased. D) increased at first and the decreased. E) increased.
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Which of the following appears on the asset side of a bank's balance sheet?
a. Required reserve deposits. b. Loans. c. Excess reserves. d. All of these.
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