Author Question: The output an economy can produce with one unit of capital and one unit of labor is ________. A) ... (Read 147 times)

natalie2426

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The output an economy can produce with one unit of capital and one unit of labor is ________.
 
  A) indicated by the A variable in the Cobb-Douglas production function
  B) commonly referred to as labor productivity
  C) a variable that depends on how many units of capital and labor are available
  D) all of the above
  E) none of the above

Question 2

One difference between futures and options contracts is
 
  A) funds change hands daily in the case of options but not with futures.
  B) funds change hands daily in the case of futures, but not with options.
  C) in the case of futures funds only change hands when they are exercised.
  D) futures are designed to reduce risk while options are not.



Danny Ewald

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Answer to Question 1

A

Answer to Question 2

B



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