The marginal productivity of labour:
A) increases when the price of the good sold increases, ceteris paribus
B) decreases when there is an adverse supply shock, ceteris paribus
C) increase when more workers are hired, ceteris paribus
D) decreases when there is an increase in the quantity of capital, ceteris paribus
Correct Answer:
Verified
Q11: Which policy is effective in the intermediate
Q12: IS-LM model was developed by:
A)keynes
B)walras
C)j.r.hicks
D)don-patinkin
Q13: Frictional unemployment exists:
A)when there is a decrease
Q14: The natural rate of unemployment equals the
Q15: The marginal productivity of labour is:
A)the incremental
Q17: When saving is greater than investment in
Q18: When investment is negatively related to the
Q19: Simultaneous equilibrium in the money (LM) and
Q20: In which of the following situations will
Q21: Policy Neutrality is the main proposition of:
A)supply
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