Over the range of output for which the marginal product of labor curve is negatively sloped, the marginal cost curve is negatively sloped

Indicate whether the statement is true or false

FALSE

Economics

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According to your text, one reason for flat or falling achievement scores even in the face of substantially higher education subsidies may be that

A) the additional funds are being siphoned off by dishonest school board members. B) some of the funds are going to social services rather than to enhance learning activities. C) students are so unmotivated that no amount of spending will ever improve scores. D) most parents do not support the schools or their children's educational activities.

Economics

If the annual interest rate is 4 percent, a consumer who spends $100 today

a. will have to pay back $104 to the bank b. would have to pay $104 next year to get the same goods c. will receive $96 from the bank next year d. would have to pay $96 next year to get the same goods e. is giving up the ability to spend $104 on goods next year

Economics