A rise in the multifactor productivity index means that at each (K/N) we have (Y/N) ________, which shifts the (S/N) curve ________, resulting in a movement of the steady-state intersection to the ________
A) rising, downward, left
B) rising, upward, right
C) rising, downward, right
D) falling, upward, left
E) falling, downward, left
B
Economics
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When a unit tax is placed on demanders ____
a. it will be paid entirely by demanders if the demand curve is elastic b. it will have the same effect as a similar unit tax placed on suppliers c. they will pay a larger share than if it was initially placed on suppliers d. they will pay a smaller share than if it was initially placed on suppliers
Economics
The closer the Lorenz curve is to the diagonal, the more unequal the distribution of income
Indicate whether the statement is true or false
Economics