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Author Question: Which of the following is most likely to close a recessionary gap in the economy? a. A decrease in ... (Read 72 times)

eruditmonkey@yahoo.com

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on: Jun 30, 2018
Which of the following is most likely to close a recessionary gap in the economy?
 a. A decrease in the expenditure on infrastructure
 b. An increase in the income tax rate
 c. An increase in the rate of foreign exchange
 d. A decrease in money supply
 e. An increase in the compensation for government employees

Question 2

The law of diminishing returns causes a firm's short-run marginal cost curve to be s-shaped.
 a. True
  b. False
  Indicate whether the statement is true or false


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cascooper22

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Reply #1 on: Jun 30, 2018
Answer to Question 1

e

Answer to Question 2

False


eruditmonkey@yahoo.com

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  • Posts: 546
Reply 2 on: Jun 30, 2018
Gracias!

nyrave

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Reply 3 on: Yesterday
Excellent

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