The O in OLI theory stands for ownership, and the asset owned can be tangible or intangible
Indicate whether the statement is true or false
TRUE
Economics
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In a graph with output in the Y axis and efficiency units of labor in the X axis, which of the following causes a rightward movement along the aggregate production function?
A) A decrease in the capital stock B) An increase in the total efficiency units of labor C) An improvement in technology D) A decrease in the productivity of workers
Economics
A bank is less likely to borrow from the Fed when the __________ falls relative to the __________
A) discount rate; required reserve ratio B) excess reserve; required reserves C) discount rate; federal funds rate D) federal funds rate; discount rate
Economics