The value of the marginal product of capital can be calculated as the market price of the good multiplied by the marginal product of capital
a. True
b. False
Indicate whether the statement is true or false
True
Economics
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Economic growth will
a. reduce the future real GDP of an economy. b. expand the production possibilities of an economy. c. increase an economy's nominal income, but not its real income. d. increase real output, but the real income level of the country will decline.
Economics
Explain why gold, despite its value, is difficult to use as a medium of exchange
What will be an ideal response?
Economics