Average productivity will fall as long as
A) marginal productivity is falling.
B) it exceeds marginal productivity.
C) it is less than marginal productivity.
D) the number of workers is increasing.
B
Economics
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Are checkable deposits really money?
A) No, because they are only commercial bank liabilities, not government liabilities. B) No, because they are ultimately only entries in the balance sheets of commercial banks. C) Yes, because they can be converted on demand into currency or coin. D) Yes, because they can be used to make purchases and pay debts.
Economics
Which of the following is not a lagging indicator?
a. Duration of unemployment. b. Stock prices. c. Outstanding commercial and industrial loans. d. Prime rate.
Economics