Author Question: ________ when its inventory increases. A) A firm's total product curve is likely to shift upward ... (Read 107 times)

dollx · **on:** Jun 30, 2018

________ when its inventory increases.

A) A firm's total product curve is likely to shift upward
B) A firm's labor demand curve is likely to shift to the left
C) A firm's cost curve is likely to shift downward
D) A firm's labor demand curve is likely to shift to the right

Question 2

The Rule of 70, as applied to real GDP growth, can be used to find the

A) real GDP growth rate necessary to double growth.
B) growth rate of real GDP.
C) number of years it takes for the level of real GDP to double.
D) population growth rate necessary to double the GDP growth rate.
E) number of years it takes for the growth rate of real GDP to double.