Country A has a lower stock of capital than Country B, but the supply of labor in both the countries is equal.
A) An additional unit of capital will increase output in Country A only if there is an increase in the total efficiency units of labor.
B) The increase in output due an additional unit of capital will be larger in Country A than in Country B.
C) The increase in output due an additional unit of capital will be smaller in Country A than in Country B.
D) An additional unit of capital will increase output in Country B only if there is an increase in the total efficiency units of labor.
Question 2
Suppose a bank has 300,000 in deposits, a reserve ratio of 5 percent, and bank reserves of 45,000. This bank can make new loans in the amount of
A) 345,000. B) 45,000. C) 30,000. D) 15,000.
Ecological footprints of different countries.
Coronary circulation. (A) Coronary vessels portraying the complexity and extent of the coronary circ
The “Infertility Belt” In certain countries in Central Africa, infertility rates are as high as 30%
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The upper intake manifold, often called a plenum, attaches to the lower intake manifold.
Managing Supply Chain and Operations: An Integrative Approach, 2nd Edition