The marginal product of labor curve can be shifted to the right by
a. improved technology
b. additional physical capital
c. improved human capital
d. all of the above
e. none of the above
D
Economics
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When a recession is triggered by a(n) ________ in autonomous expenditure, and as the economy turns the corner into ________, real GDP exceeds aggregate planned expenditure and unplanned inventories ________
A) increase; recession; increase B) decrease; expansion; decrease C) decrease; expansion; increase D) decrease; recession; decrease E) decrease; recession; increase
Economics
All of the following are ways that the government can correct for positive externalities EXCEPT
A) by subsidizing the consumption of the good. B) producing the good itself. C) by regulation. D) by assessing an effluent fee.
Economics