A permanent reduction in net exports leads to A) a less than ...

[tth]

A permanent reduction in net exports leads to
 
  A) a less than proportional decrease in real Gross Domestic Product (GDP).
  B) a more than proportional decrease in real Gross Domestic Product (GDP).
  C) a reduction in taxes, autonomous government spending, and a fall in real Gross Domestic Product (GDP).
  D) a proportional increase in real Gross Domestic Product (GDP).

Question 2

The value of marginal product of the tenth worker hired by a firm is 50. What is the maximum wage that should be paid to the worker?
 
  A) 5 B) 500 C) 50 D) 0.20

[johnpizzaz]

Answer to Question 1

B

Answer to Question 2

C