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Author Question: Which of the following is not an exogenous factor of production in the aggregate production ... (Read 43 times)

olgavictoria

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on: Jun 30, 2018
Which of the following is not an exogenous factor of production in the aggregate production function?
 
  a. Technology
  b. The real wage
  c. Capital
  d. Labor
  e. These are all factors of production.

Question 2

The IS curve becomes steeper when there is
 
  a. a higher marginal propensity to save.
  b. a smaller parameter measuring the interest sensitivity of investment.
  c. a lower marginal propensity to save.
  d. Both a and b
  e. Both b and c


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kescobar@64

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

B

Answer to Question 2

D


olgavictoria

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Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

tkempin

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Reply 3 on: Yesterday
Wow, this really help

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