Marvin’s country has a very small amount of capital. If his country adds a single unit of capital, the result will be a relatively ______ in output.

Which of the following topics would be covered in microeconomics? a. The effects of an increase in the supply of lumber on the homebuilding industry. b. The unemployment rate

c. The effects of interest rates on the overall economy. d. The inflation rate.

Historical note: Andrew Carnegie became an industrial mogul by consuming or buying out his competition in the _________ industry

a. oil b. steel c. rubber d. lumber e. land