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Author Question: Faster long-term growth can be achieved by discouraging saving and encouraging consumption. ... (Read 160 times)

Wadzanai

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on: Jun 29, 2018
Faster long-term growth can be achieved by discouraging saving and encouraging consumption.
 
  Indicate whether the statement is true or false

Question 2

In the above table, the average product is less than the marginal product
 
  A) when the first worker is hired.
  B) when the second worker is hired.
  C) when the third worker is hired.
  D) for the entire range of output given.


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sarahccccc

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Reply #1 on: Jun 29, 2018
Answer to Question 1

FALSE

Answer to Question 2

B


Wadzanai

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Reply #2 on: Jun 29, 2018
Thank you :)


sarahccccc

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Reply #3 on: Jun 29, 2018
Happy to help you


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