Author Question: We can conclude that there has been inflation since the base year if the GDP price index in the ... (Read 46 times)

kfurse

  • Hero Member
  • *****
  • Posts: 590
We can conclude that there has been inflation since the base year if the GDP price index in the current year is _____.
 a. 10
 b. equal to zero
 c. 20
 d. greater than 100
  e. negative

Question 2

In a competitive labor market a firm will continue to employ workers for as long as an additional worker's marginal revenue product is below the wage rate.
 a. True
  b. False
  Indicate whether the statement is true or false



Anonymous

  • Sr. Member
  • ****
  • Posts: 317
Answer to Question 1

d

Answer to Question 2

False



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Aspirin is the most widely used drug in the world. It has even been recognized as such by the Guinness Book of World Records.

Did you know?

About 600,000 particles of skin are shed every hour by each human. If you live to age 70 years, you have shed 105 pounds of dead skin.

Did you know?

The highest suicide rate in the United States is among people ages 65 years and older. Almost 15% of people in this age group commit suicide every year.

Did you know?

Medications that are definitely not safe to take when breastfeeding include radioactive drugs, antimetabolites, some cancer (chemotherapy) agents, bromocriptine, ergotamine, methotrexate, and cyclosporine.

Did you know?

The lipid bilayer is made of phospholipids. They are arranged in a double layer because one of their ends is attracted to water while the other is repelled by water.

For a complete list of videos, visit our video library