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faduma

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The total number of workers in two different countries are equal. However, each worker in Country A is three times more productive than a worker in Country B. Which of the following is true in this case?
 
  A) The capital stock in Country B is three times more than the capital stock in Country A.
  B) The total efficiency units of labor in Country A is three times more than the total efficiency units of labor in Country B.
  C) The total efficiency units of labor in Country A is one-third of the total efficiency units of labor in Country B.
  D) The total efficiency units of labor in Country B is six times more than the total efficiency units of labor in Country B.

Question 2

Monetizing the budget deficit
 
  A) creates a full-employment deficit that exceeds the actual deficit.
  B) occurs when the Treasury sells bonds to businesses.
  C) helps stabilize the economy.
  D) leads to increases in the money supply.


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parshano

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faduma

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Reply 2 on: Jun 30, 2018
Wow, this really help


irishcancer18

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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