The term marginal product of labor refers to the
A) change in the average product of labor as output increases.
B) decreasing value of labor's total output.
C) additional output that could be produced at full employment.
D) subsistence output per worker.
E) additional output resulting from an extra unit of labor.
Correct Answer:
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Q10: Economic growth is an increase in
A) population.
B)
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Q13: The rate of growth in real per
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