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 104 times)

tfester · **on:** Jun 29, 2018

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