Suppose Jo's savings after working for 2 years is $90,000 . Assuming she saves all of her income and the rate of growth of her income is constant at 10 percent over the 2-year period, her initial annual income must have been around _____

The specialization of labor

a. leads to a reduction in unemployment b. means that less equipment will be employed when labor and capital are substitutes in production c. expands the output a society can produce d. decreases the costs to the firm of coordinating activities e. effectively separates labor from management

Advertising a brand can help create a reputation effect.

Answer the following statement true (T) or false (F)