The table above shows the total product schedule for Rick's Lawn Service, a yard care company. Decreasing marginal returns start to occur after the ________ worker is hired
A) first
B) fourth
C) fifth
D) sixth
E) third
C
Economics
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In the Solow growth model, the steady state occurs when
A) investment = depreciation. B) depreciation = 0. C) the capital-labor ratio = 1. D) saving = investment.
Economics
In 1791, Alexander Hamilton suggested
a. the abolishment of all state-chartered banks b. the creation of open market operations c. the creation of a nationally chartered bank d. the abolition of the money supply e. creative accounting to deny Revolutionary debt
Economics