Author Question: An increase in household production will increase gross domestic product (GDP). a. True b. False ... (Read 51 times)

Capo · **on:** Jun 30, 2018

An increase in household production will increase gross domestic product (GDP).
a. True
b. False
Indicate whether the statement is true or false

Question 2

A monopsony hires labor up to the point where the marginal revenue product of labor equals the wage rate.
a. True
b. False
Indicate whether the statement is true or false