Refer to Figure 29-1. The depreciation of the dollar is represented as a movement from

A) B to C. B) B to A. C) D to C. D) A to C. E) A to B.

B

Economics

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The value of marginal product of labor

A) is the change in total product that results from selling one more unit of a good. B) is equal to the price of the good produced multiplied by the marginal product of labor. C) is equal to marginal revenue multiplied by the quantity. D) increases as the amount of labor employed increases.

Economics

By almost every measure of social and economic well-being, for how long after the Civil War (1861–1865) did the South lag behind the rest of the country?

(a) For almost a century (b) For almost a decade before it adapted to life without slavery (c) For only two decades (d) Right down to the present day

Economics