An increase in labor productivity will shift

A) MRP curve to the left.
B) MFC curve to the right.
C) MRP curve to the right.
D) MFC curve to the left.

C

Economics

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Explain why it may be advantageous to have technological change explained by, rather than outside of, a growth model

What will be an ideal response?

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A relatively steep money demand schedule reflects the assumption that the interest elasticity of money demand is

a. low (in absolute value). b. high (in absolute value). c. zero. d. indefinite.

Economics