In the short-run production function, the following variables must be endogenous:
a. technology.
b. labor input.
c. capital input.
d. b and c.
e. none of the above.
B
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The ________ book provides information of current economic conditions and is used by the Federal Reserve in formulating monetary policy
A) Red B) Blue C) Beige D) Green
Use the information provided in Table 7.2 below to answer the question(s) that follow.
Table 7.2Inputs Required to Produce a Product Using Alternative Technologies
Refer to Table 7.2. Which technology is the most capital intensive?
A. A B. B C. C D. D
Refer to the information provided in Figure 15.1 below to answer the question(s) that follow. Below are cost curves for Dom's Barber Shop, a monopolistically competitive firm. 
Figure 15.1 Refer to Figure 15.1. The profit-maximizing price for a haircut is
A. $10. B. $12. C. $14. D. $16.
________ is available only to low-income families with children.
A. Medicare B. The SNAP program C. The Earned Income Tax Credit D. Medicaid