The marginal productivity of labour is:
A) the incremental output due to an increase in capital, ceteris paribus
B) the incremental output due to an increase in labour, ceteris paribus.
C) the incremental output due to a change in technology, ceteris paribus
D) the incremental output due to a change in technology and a change in the
Correct Answer:
Verified
Q9: The perfectly elastic segment of the LM
Q10: Which policy is effective in the Classical
Q11: Which policy is effective in the intermediate
Q12: Frictional unemployment exists:
A)when there is a decrease
Q13: The natural rate of unemployment equals the
Q15: When saving is greater than investment in
Q16: When investment is negatively related to the
Q17: Simultaneous equilibrium in the money (LM) and
Q18: In which of the following situations will
Q19: Policy Neutrality is the main proposition of:
A)supply
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