If total product for each of five units of labor is 10, 16, 20, 30, and 34, respectively, the marginal product of the third unit is

A strategy is called a pure strategy if it involves choosing ________

A) one particular action for a situation B) different combinations of actions for a situation C) an action that yields a higher payoff to the opponent D) an action that yields zero payoff to the player

Describe the chain of events leading to exchange rate determination for the following cases:

(a) An increase in U.S. money supply (d) Increase in growth rate of U.S. money supply (c) Increase in world relative demand for U.S products (d) Increase in relative U.S. output supply