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Author Question: Explain what the IP curve is and why it is upward sloping. What will be an ideal ... (Read 222 times)

big1devin

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on: Jun 30, 2018
Explain what the IP curve is and why it is upward sloping.
 
  What will be an ideal response?

Question 2

For this question, assume that there are decreasing returns to capital, decreasing returns to labor, and constant returns to scale. A reduction in the capital stock will cause which of the following?
 
  A) a reduction in output
  B) no change in output
  C) an increase in output per capita
  D) increase the capital-labor ratio
  E) none of the above
Macroeconomics: Principles, Applications and Tools ¦ O'Sullivan, Sheffrin, Perez ¦ 7th Edition
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jaykayy05

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Reply #1 on: Jun 30, 2018
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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big1devin

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Reply 2 on: Jun 30, 2018
:D TYSM

bigcheese9

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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