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Author Question: An increase in which of the following variables should cause an increase in profit per unit of ... (Read 81 times)

joesmith1212

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on: Jun 30, 2018
An increase in which of the following variables should cause an increase in profit per unit of capital?
 
  A) total wages and salaries
  B) total sales
  C) the capital stock
  D) the ratio of total sales to the capital stock
  E) the ratio of total sales to total wages and salaries

Question 2

Suppose there is a Fed purchase of bonds and simultaneous tax cut. We know with certainty that this combination of policies must cause
 
  A) an increase in the interest rate (i).
  B) a reduction in i.
  C) an increase in output (Y).
  D) a reduction in Y.


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atrochim

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

D

Answer to Question 2

C


joesmith1212

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Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

tkempin

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Reply 3 on: Yesterday
Excellent

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