Author Question: Due to the implementation of the Troubled Asset Relief Program and the American Recovery and ... (Read 49 times)

ec501234 · **on:** Jun 30, 2018

Due to the implementation of the Troubled Asset Relief Program and the American Recovery and Reinvestment Act, the Federal budget deficit _____.
a. doubled
b. tripled
c. stayed the same
d. decreased significantly
e. quadrupled

Question 2

Jim Smith runs a company that sells encyclopedia sets for 200 each. When he employs 5 workers, they can sell 20 sets per week, while only 17 sets are sold when 4 workers are employed. If the wage of workers in this skill category is 500 per week, should the fifth worker be hired?
a. No, because the MRP of the fifth worker is less than 500 per week.
b. No, because the MRP of the fifth worker is more than 500 per week.
c. Yes, because the MRP of the fifth worker is less than 500 per week.
d. Yes, because the MRP of the fifth worker is more than 500 per week.