What happens to the MP of labor when the market price of the good produced increases?

a. Increases proportional to price.
b. Decreases proportional to price.
c. Stays the same.
d. Falls because quantity demanded falls.

c

Economics

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A reduction in net exports will, all other things unchanged, shift the aggregate demand curve to the left.

a. true b. false

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Research suggests that about ________ percent of people living under the poverty line in any given year are chronically poor.

A. 8 B. 13 C. 38 D. 3

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