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Author Question: The aggregate production function shows a(n) ________ relationship between ________ and output. ... (Read 118 times)

sabina

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on: Jun 30, 2018
The aggregate production function shows a(n) ________ relationship between ________ and output.
 
  A) decreasing; capital stock B) decreasing; labor
  C) constant; labor D) increasing; capital stock

Question 2

If the MPC is 0.75, the multiplier is equal to
 
  A) 5. B) 0.75/0.25 = 3. C) 0.25. D) 4.


rnehls

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Reply #1 on: Jun 30, 2018
Answer to Question 1

D

Answer to Question 2

D


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