Author Question: Most total product curves have A) first increasing and then decreasing marginal returns to labor. ... (Read 115 times)

bclement10

  • Hero Member
  • *****
  • Posts: 560
Most total product curves have
 
  A) first increasing and then decreasing marginal returns to labor.
  B) output first increasing and then decreasing as labor is added.
  C) first decreasing and then increasing marginal returns to labor.
  D) output increasing at an increasing rate as labor is added.

Question 2

The larger the public's currency drain from the banking system, the
 
  A) smaller is the monetary base.
  B) smaller is the money multiplier.
  C) larger is the monetary base.
  D) larger is the money multiplier.



bookworm410

  • Sr. Member
  • ****
  • Posts: 341
Answer to Question 1

A

Answer to Question 2

B



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Prostaglandins were first isolated from human semen in Sweden in the 1930s. They were so named because the researcher thought that they came from the prostate gland. In fact, prostaglandins exist and are synthesized in almost every cell of the body.

Did you know?

Interferon was scarce and expensive until 1980, when the interferon gene was inserted into bacteria using recombinant DNA technology, allowing for mass cultivation and purification from bacterial cultures.

Did you know?

Multiple experimental evidences have confirmed that at the molecular level, cancer is caused by lesions in cellular DNA.

Did you know?

Pope Sylvester II tried to introduce Arabic numbers into Europe between the years 999 and 1003, but their use did not catch on for a few more centuries, and Roman numerals continued to be the primary number system.

Did you know?

Barbituric acid, the base material of barbiturates, was first synthesized in 1863 by Adolph von Bayer. His company later went on to synthesize aspirin for the first time, and Bayer aspirin is still a popular brand today.

For a complete list of videos, visit our video library