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Author Question: Total efficiency units of labor is: A) obtained by multiplying the total number of workers in the ... (Read 103 times)

futuristic

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on: Jun 30, 2018
Total efficiency units of labor is:
 
  A) obtained by multiplying the total number of workers in the economy by the average efficiency of each worker.
  B) obtained by dividing the total capital stock of the economy by the total number of workers.
  C) obtained by multiplying the total population of the economy by the average amount of capital available to each worker.
  D) obtained by dividing the total number of workers in the economy by the average efficiency of each worker.

Question 2

The multiplier represents the ratio of the total shift in aggregate demand to the
 
  A) initial shift in aggregate demand. B) total shift in long-run aggregate supply.
  C) initial shift in short-run aggregate supply. D) total shift in short-run aggregate supply.


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macagnavarro

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

A

Answer to Question 2

A


futuristic

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

dyrone

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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