Author Question: A permanent reduction in net exports leads to A) a less than proportional decrease in real Gross ... (Read 125 times)

tth

  • Hero Member
  • *****
  • Posts: 579
A permanent reduction in net exports leads to
 
  A) a less than proportional decrease in real Gross Domestic Product (GDP).
  B) a more than proportional decrease in real Gross Domestic Product (GDP).
  C) a reduction in taxes, autonomous government spending, and a fall in real Gross Domestic Product (GDP).
  D) a proportional increase in real Gross Domestic Product (GDP).

Question 2

The value of marginal product of the tenth worker hired by a firm is 50. What is the maximum wage that should be paid to the worker?
 
  A) 5 B) 500 C) 50 D) 0.20



johnpizzaz

  • Sr. Member
  • ****
  • Posts: 345
Answer to Question 1

B

Answer to Question 2

C



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

The modern decimal position system was the invention of the Hindus (around 800 AD), involving the placing of numerals to indicate their value (units, tens, hundreds, and so on).

Did you know?

More than 4.4billion prescriptions were dispensed within the United States in 2016.

Did you know?

Approximately 70% of expectant mothers report experiencing some symptoms of morning sickness during the first trimester of pregnancy.

Did you know?

The first documented use of surgical anesthesia in the United States was in Connecticut in 1844.

Did you know?

People who have myopia, or nearsightedness, are not able to see objects at a distance but only up close. It occurs when the cornea is either curved too steeply, the eye is too long, or both. This condition is progressive and worsens with time. More than 100 million people in the United States are nearsighted, but only 20% of those are born with the condition. Diet, eye exercise, drug therapy, and corrective lenses can all help manage nearsightedness.

For a complete list of videos, visit our video library