[Answered] Faster long-term growth can be achieved by discouraging saving and encouraging consumption. ...

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Wadzanai

Hero Member
Posts: 528

on: Jun 29, 2018

Faster long-term growth can be achieved by discouraging saving and encouraging consumption.

Indicate whether the statement is true or false

Question 2

In the above table, the average product is less than the marginal product

A) when the first worker is hired.
B) when the second worker is hired.
C) when the third worker is hired.
D) for the entire range of output given.

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sarahccccc

Sr. Member
Posts: 318

Reply #1 on: Jun 29, 2018

Answer to Question 1

FALSE

Answer to Question 2

B

Wadzanai

Hero Member
Posts: 528

Reply #2 on: Jun 29, 2018

Thank you

sarahccccc

Sr. Member
Posts: 318

Reply #3 on: Jun 29, 2018

Happy to help you

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