Author Question: We can conclude that there has been inflation since the base year if the GDP price index in the ... (Read 57 times)

kfurse

  • Hero Member
  • *****
  • Posts: 590
We can conclude that there has been inflation since the base year if the GDP price index in the current year is _____.
 a. 10
 b. equal to zero
 c. 20
 d. greater than 100
  e. negative

Question 2

In a competitive labor market a firm will continue to employ workers for as long as an additional worker's marginal revenue product is below the wage rate.
 a. True
  b. False
  Indicate whether the statement is true or false



Anonymous

  • Sr. Member
  • ****
  • Posts: 317
Answer to Question 1

d

Answer to Question 2

False



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

As many as 20% of Americans have been infected by the fungus known as Histoplasmosis. While most people are asymptomatic or only have slight symptoms, infection can progress to a rapid and potentially fatal superinfection.

Did you know?

The top 10 most important tips that will help you grow old gracefully include (1) quit smoking, (2) keep your weight down, (3) take supplements, (4) skip a meal each day or fast 1 day per week, (5) get a pet, (6) get medical help for chronic pain, (7) walk regularly, (8) reduce arguments, (9) put live plants in your living space, and (10) do some weight training.

Did you know?

Vaccines cause herd immunity. If the majority of people in a community have been vaccinated against a disease, an unvaccinated person is less likely to get the disease since others are less likely to become sick from it and spread the disease.

Did you know?

If all the neurons in the human body were lined up, they would stretch more than 600 miles.

Did you know?

There are more bacteria in your mouth than there are people in the world.

For a complete list of videos, visit our video library