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Marginal cost is O a total revenue divided by the quantity of output
Marginal cost is O a total revenue divided by the quantity of output. Ob.total profit minus total costs. Oc. the change in total cost brought about by selling an additional unit of the good. d. the change in total revenue brought about by selling an additional unit of the good. Oe. the change in total revenue minus the change in total costs.
A. The natural rate of unemployment will go up if _____.
| A. |
a country experiences a prolonged recession |
|
| B. |
the government adopts restrictive worker-protection laws |
|
| C. |
economic instability reduces the level of foreign investment |
|
| D. |
unemployed workers stop looking for jobs |
B. Economic development in middle-income countries is most likely driven by____________.
| A. |
low monetary growth |
|
| B. |
low unemployment rates |
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| C. |
high inflation |
|
| D. |
high rates of private saving |
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