Efficiency wages may decrease employee turnover
a. True
b. False
Indicate whether the statement is true or false
True
Economics
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According to the above table, if the price of the good produced is $5 and the wage rate is $400, then the marginal revenue product of the 7th worker is
A) $300. B) $60. C) $12. D) $400.
Economics
An economic slowdown in Europe is likely to lead to a(n):
a. decrease in U.S. exports and U.S. aggregate demand. b. increase in U.S. exports and U.S. aggregate demand. c. decrease in U.S. imports and U.S. aggregate demand. d. increase in U.S. imports and U.S. aggregate demand.
Economics