The roots of the Civil War (18611865) can be traced to the colonial period of U.S. history. The ratification of the 10th amendment of the U.S. Constitution brings all issues connected to the Civil War to an end.
Indicate whether the statement is true or false
Question 2
According to Keynesian theory, the profit-maximizing firm demands labor up to the point at which
a. the real wage is equal to the marginal productivity of labor.
b. the money wage paid to labor is just equal to the money value of the marginal product of labor.
c. labor and capital costs are equal.
d. a and/or b are correct.