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Author Question: Which of the following leads to a lower rate of capacity utilization in a firm, assuming all else ... (Read 42 times)

karlynnae

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Which of the following leads to a lower rate of capacity utilization in a firm, assuming all else equal?
 
  A) An increase in the number of workers in the firm
  B) An increase in the demand for the firm's product
  C) A decrease in the number of workers in the firm
  D) A decrease in the price of the firm's product

Question 2

The Lucas Wedge shows
 
  A) the negative impact inflation has on consumer spending.
  B) whether a country needs to slow its real GDP growth rate.
  C) the positive impact lower taxes have on real GDP.
  D) the negative impact a slowdown in real GDP growth has on potential GDP.
  E) the increased impact of government spending on real GDP.


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Jossy

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karlynnae

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Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)


jomama

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Reply 3 on: Yesterday
Excellent

 

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