Refer to the data provided in Table 10.1 below to answer the following question(s).
Table 10.1 
Refer to Table 10.1. The marginal revenue product of the fifth worker is
A. $15.
B. $75.
C. $90.
D. $550.
Answer: B
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A shortage occurs when price is higher than the market equilibrium.
Answer the following statement true (T) or false (F)
As bonds become a riskier asset, the demand for money ________ and, all else constant, the equilibrium interest rate ________
A) rises; rises B) rises; falls C) falls; rises D) falls; falls
Which of the following groups is most likely to derive substantial benefits from the Patient Protection and Affordable Care Act?
a. Healthy young people. b. Individuals and families with incomes of more than 400 percent of the poverty level. c. Individuals with pre-existing health problems. d. The elderly.
Means tested government programs:
A. require recipients to undergo skills testing for benefits. B. are rarely used in the US. C. are as effective as unconditional cash transfers. D. define eligibility for benefits based on recipients' income.