Author Question: Which of the following is likely to increase the productivity of workers in an economy? A) The ... (Read 91 times)

Frost2351

  • Hero Member
  • *****
  • Posts: 557
Which of the following is likely to increase the productivity of workers in an economy?
 
  A) The discovery of an oil field
  B) An increase in the number of years of training that each worker receives
  C) An increase in the aggregate price level
  D) An increase in the labor force participation rate in the economy

Question 2

If the marginal propensity to consume (MPC) is 0.75 and there is an increase in planned investment spending of 0.5 trillion, then saving will
 
  A) increase by 0.25 trillion. B) increase by 0.5 trillion.
  C) increase by 1 trillion. D) remain unchanged.


meganlapinski

  • Sr. Member
  • ****
  • Posts: 333
Answer to Question 1

B

Answer to Question 2

B



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

The familiar sounds of your heart are made by the heart's valves as they open and close.

Did you know?

The Romans did not use numerals to indicate fractions but instead used words to indicate parts of a whole.

Did you know?

A headache when you wake up in the morning is indicative of sinusitis. Other symptoms of sinusitis can include fever, weakness, tiredness, a cough that may be more severe at night, and a runny nose or nasal congestion.

Did you know?

One way to reduce acid reflux is to lose two or three pounds. Most people lose weight in the belly area first when they increase exercise, meaning that heartburn can be reduced quickly by this method.

Did you know?

Sildenafil (Viagra®) has two actions that may be of consequence in patients with heart disease. It can lower the blood pressure, and it can interact with nitrates. It should never be used in patients who are taking nitrates.

For a complete list of videos, visit our video library