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Author Question: If the marginal product of a worker is 10 units and each unit of the good is sold for 5, the value ... (Read 98 times)

tfester

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If the marginal product of a worker is 10 units and each unit of the good is sold for 5, the value of marginal product of the worker is:
 
  A) 2.
  B) 5.
  C) 10.
  D) 50.

Question 2

As of 2013, the U.S. monetary base has ________ its 2007 level, the level held before the 2008 financial crisis, as a direct result of ________.
 
  A) quadrupled; the Fed's actions with quantitative easing
  B) doubled; the Fed's actions with quantitative easing
  C) tripled; the Fed's actions with quantitative easing
  D) quadrupled; the Fed's actions and the resulting reduction of the money multiplier
  E) tripled; the Fed's actions and the resulting reduction of the currency drain



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1_Step_At_ATime

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Answer to Question 1

D

Answer to Question 2

A




tfester

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Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)


pratush dev

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Reply 3 on: Yesterday
Excellent

 

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