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Author Question: An increase in total factor productivity shifts the production function A) upward and increases ... (Read 35 times)

AEWBW

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An increase in total factor productivity shifts the production function
 
  A) upward and increases the marginal product of labor.
  B) upward and decreases the marginal product of labor.
  C) downward and increases the marginal product of labor.
  D) downward and decreases the marginal product of labor.

Question 2

The smallest component of federal outlays is ________.
 
  A) government purchases
  B) transfer payments
  C) interest on government debt
  D) grants to states



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IRincones

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Answer to Question 1

A

Answer to Question 2

C




AEWBW

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


gcook

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

 

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