Suppose the economy's production function is Y = AK0.3N0.7. Suppose K = 200, N = 2000, and A = 1. Calculate the marginal product of capital

An instrument developed to help investors and institutions hedge interest-rate risk is

A) a debit card. B) a credit card. C) a financial derivative. D) a junk bond.

The concept that economic growth can do more than just give us more goods and services goes back to Adam Smith

Indicate whether the statement is true or false