Author Question: The economic theory of labor markets leads to the conclusion that professional athletes who are paid ... (Read 56 times)

drink · **on:** Jun 30, 2018

The economic theory of labor markets leads to the conclusion that professional athletes who are paid tens of thousands of dollars per appearance must be paid more than their marginal revenue product.
a. True
b. False
Indicate whether the statement is true or false

Question 2

The one-time tax cuts used by the Bush administration to stimulate the economy in 2008 proved to be very successful.
a. True
b. False
Indicate whether the statement is true or false