PHILADELPHIA (AP) â Rain gave a pair of depleted bullpens a little boost. Tuesday night's game between the Atlanta Braves and Philadelphia Phillies was postponed by inclement weather, allowing both managers to rest their weary closers an extra day. A makeup date wasn't announced. It's expected the game will be played when the Braves return to Philadelphia on June 27-29.
MPK and MPL are partial derivatives of the production function. MPK = A * a * L^b * K^(a-1) MPL = A * b * K^a * L^(b-1) To think of MPK, suppose that you are keeping labor constant. MPK is the additional output you get from adding more capital. Same with MPL. Suppose that you are keeping capital constant.
Unformatted text preview: The higher the MPC, the larger the multiplier is. e) (5 points) The government thinks that the economy will âoverheatâ when investment is 90, but that when investment is 50, the economy is on a sustainable path. If investment rises from 50 to 90, what change to taxes would exactly counteract the surge in investment?