When firms spend more on additional holdings of raw materials, parts and finished goods ________.
A) they are increasing their fixed investment
B) they are increasing their inventory investment
C) they are increasing their private consumption
D) all of the above
E) none of the above
Question 2
Given the production function Y = A , if an economy's capital per worker k is 27 thousand, and its total factor productivity A is 0.5, then output per worker is (approximately) ________.
A) 13,500
B) 40,500
C) 3,000
D) 5,000
E) 1,500
Several species of squirrels have melanistic phases. In large parts of United States and Canada, the
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