One reason why, in the short run, the marginal product of labor might increase initially as more workers are hired is that Select one: a. beyond some point, a firm has hired too many workers. b. the first workers hired get to use the best equipment. c. the best workers are hired first and later hires are not as skillful. d. specialization allows a worker to focus on one task, thereby increasing her proficiency at that task

Diversity is an obstacle all marketers face: true false

What additional information about the numbers used to compute this ratio might be useful in you assess liquidity? (select all that apply) (a) the maturity schedule of current liabilities (b) the average stock price for the industry (c) the average current ratio for the industry (d) the amount of current assets that is concentrated in relatively illiquid inventories

Crowding out is a phenomenon focused upon most by the macroeconomists of whereby a government deficit interest rates, which in turn private investment spending. this group also believed that fiscal policy is the only thing that can lower natural unemployment. is just as effective in countering recessions as monetary policy. can be used most of the time, but monetary policy becomes a better option when velocity is fluctuating. should be used only if the central bank follows a monetary policy rule. faces problematic lags in propagating changes throughout the economy.