Author Question: The marginal product of capital (MPK) can be calculated from the following ________. A) the ... (Read 14 times)

Tazate · **on:** Jun 30, 2018

The marginal product of capital (MPK) can be calculated from the following ________.

A) the capital share of income and the average output per unit of capital
B) the capital share of income and average capital per worker
C) output and capital
D) the capital share of income and output
E) none of the above

Question 2

If a large open economy, like the United States, reduces its budget deficit, what impact would this have on a small open economy?

A) higher savings
B) increased investment
C) increased net savings
D) no change in interest rates