Which of the following is a reason that marginal product will eventually begin to fall?

a. effective use of fixed inputs
b. decrease in demand
c. increased specialization
d. limited amounts of fixed inputs

d

Economics

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Explain three ways we can use macroeconomic analysis

What will be an ideal response?

Economics

Which of the following is a reason why we should consider the federal national debt a problem?

A) If the debt was incurred to finance research and development, crowding out will occur. B) If the debt drives up interest rates, crowding out will occur. C) The federal government is in danger of defaulting on its debt. D) If the debt was incurred to finance improvements in infrastructure, crowding out will occur.

Economics