Refer to the graph shown. Within which section(s) of the production function is marginal product increasing?

Suppose nominal aggregate demand falls by 3 percent while nominal wages are fixed

If firms were to lower their prices by 3 percent, this would ________ the drop in real output, with such pricing ________ an assumption that firms are profit-maximizers. A) prevent, in violation of B) prevent, consistent with C) worsen, in violation of D) worsen, consistent with

If a nation's currency depreciates, this will tend to

a. shift a nation's balance of trade toward a deficit. b. cause a deficit in the government's budget (expenditures - revenues). c. make foreign goods more expensive for the nation's citizens. d. make foreign goods cheaper for the nation's citizens.