For the following questions answer them individually
7 workers work in a printing press. Each gets paid Rs 450 per day. The 8th worker demands Rs 500 per day. If this worker is hired then all other workers must be paid Rs 500. The marginal resource (labour) cost of the 8th worker is .
An increase of 1% per annum in the rate of growth of the money supply will increase inflation in the long run by .
