This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Which of the following indices best signals future movements in retail prices? a. The implicit ... (Read 58 times)

justinmsk

  • Hero Member
  • *****
  • Posts: 524
on: Jun 30, 2018
Which of the following indices best signals future movements in retail prices?
 
  a. The implicit GDP deflator
  b. nominal GDP
  c. The consumer price index
  d. The producer price index
  e. The measure of economic welfare (MEW)

Question 2

Look at the production schedule below:
 
  Workers 0 1 2 3 4 5
  Output 0 45 80 100 130 165
 
  Which property of a standard production function does it violate?
  A) constant returns to scale
  B) decreasing marginal product of capital
  C) decreasing marginal product of labor
  D) production increasing in labor


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

karlss

  • Sr. Member
  • ****
  • Posts: 321
Reply #1 on: Jun 30, 2018
Answer to Question 1

D

Answer to Question 2

C


justinmsk

  • Member
  • Posts: 524
Reply 2 on: Jun 30, 2018
Excellent

Perkypinki

  • Member
  • Posts: 339
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Approximately 500,000 babies are born each year in the United States to teenage mothers.

Did you know?

The B-complex vitamins and vitamin C are not stored in the body and must be replaced each day.

Did you know?

About 3.2 billion people, nearly half the world population, are at risk for malaria. In 2015, there are about 214 million malaria cases and an estimated 438,000 malaria deaths.

Did you know?

Common abbreviations that cause medication errors include U (unit), mg (milligram), QD (every day), SC (subcutaneous), TIW (three times per week), D/C (discharge or discontinue), HS (at bedtime or "hours of sleep"), cc (cubic centimeters), and AU (each ear).

Did you know?

When intravenous medications are involved in adverse drug events, their harmful effects may occur more rapidly, and be more severe than errors with oral medications. This is due to the direct administration into the bloodstream.

Transduction of mechanical vibrations to electric signals in the organ of Corti. Transduction of mechanical vibrations to electric signals in the organ of Corti.
Adult stem cells offer hope for cell therapy to treat diseases in the future Adult stem cells offer hope for cell therapy to treat diseases in the future
Future train Future train
Types of body movements. Types of body movements.
Cylinder 1 slit signals the computer the piston position for cylinder 1. The 1-degree slits provide ... Cylinder 1 slit signals the computer the piston position for cylinder 1. The 1-degree slits provide ...
Heat Stress and Wind Chill: Indices of Human Discomfort Heat Stress and Wind Chill: Indices of Human Discomfort
Video: Introduction to Diabetes

For a complete list of videos, visit our video library