If a Goal of a Nation's Residents Is to Increase

question 1

Multiple Choice

If a goal of a nation's residents is to increase marginal productivity, they should increase

• A) expenditures on education.
• B) the inheritance tax.
• C) exports.
• D) the marginal propensity to consume.

---

Definitions:

Decrease

A reduction in size, number, or amount.

Substitutes Available

Other products or services that can be used in place of a particular good or service.

Inelastic

A demand or supply that is not significantly altered by changes in price.

Demand

The amount of a product or service buyers are prepared and can afford to buy at different price levels within a given timeframe.