This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: In the simple Keynesian model, equilibrium exists when a. actual investment equals realized ... (Read 61 times)

Mimi

  • Hero Member
  • *****
  • Posts: 542
on: Jun 30, 2018
In the simple Keynesian model, equilibrium exists when
 
  a. actual investment equals realized investment.
  b. exports equal imports.
  c. savings is equal to government spending plus desired investment minus taxes.
  d. national product is equal to consumption minus desired investment plus government spending.
  e. None of the above

Question 2

The assumption that the marginal product of labor decreases as the labor input increases implies that
 
  A) output decreases as the labor input increases.
  B) the wage increases as the labor input increases.
  C) the production function is concave.
  D) the production function shifts upward.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Dunkey

  • Sr. Member
  • ****
  • Posts: 333
Reply #1 on: Jun 30, 2018
Answer to Question 1

C

Answer to Question 2

C


Mimi

  • Member
  • Posts: 542
Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

Jsherida

  • Member
  • Posts: 314
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates's recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

The effects of organophosphate poisoning are referred to by using the abbreviations “SLUD” or “SLUDGE,” It stands for: salivation, lacrimation, urination, defecation, GI upset, and emesis.

Did you know?

Drying your hands with a paper towel will reduce the bacterial count on your hands by 45–60%.

Did you know?

Nitroglycerin is used to alleviate various heart-related conditions, and it is also the chief component of dynamite (but mixed in a solid clay base to stabilize it).

Did you know?

Signs and symptoms that may signify an eye tumor include general blurred vision, bulging eye(s), double vision, a sensation of a foreign body in the eye(s), iris defects, limited ability to move the eyelid(s), limited ability to move the eye(s), pain or discomfort in or around the eyes or eyelids, red or pink eyes, white or cloud spots on the eye(s), colored spots on the eyelid(s), swelling around the eyes, swollen eyelid(s), and general vision loss.

Simple food web of an Arctic island. NOTE: The indication of detritivores and pathogens was not part Simple food web of an Arctic island. NOTE: The indication of detritivores and pathogens was not part
Space-filling model of an actin filament (shades of red) with one myosin head (gray and two shades o Space-filling model of an actin filament (shades of red) with one myosin head (gray and two shades o
Standard Model of Elementary Particles Standard Model of Elementary Particles
Examples of visual fields of simple cortical cells. Examples of visual fields of simple cortical cells.
How to calculate simple interest (Part 1) How to calculate simple interest (Part 1)
Effects of Retrieval Practice on Predicted and Actual Memory Performance Effects of Retrieval Practice on Predicted and Actual Memory Performance
Video: Integumentary Anatomy

For a complete list of videos, visit our video library