Refer to the information provided in Figure 8.4 below to answer the question(s) that follow. 
Figure 8.4 Refer to Figure 8.4. If two microwave ovens are produced, Micro Oven's total variable costs are
A. $150.
B. $300.
C. $450.
D. indeterminate from this information.
Answer: A
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If an economy at the equilibrium level of GDP experiences an increase in the amount of investment spending, then inventories will be
A. depleted, causing firms to cut production. B. accumulated, causing firms to cut production. C. depleted, causing firms to increase production. D. accumulated, causing firms to expand production.
The richest fifth of the population's share of income increased from 43.7 percent in 1980 to what percent in 2010?
a. 49.2 b. 50.2 c. 52.2 d. 54.2
Which statement is false?
A. The 1990s was one of the most prosperous decades in the United States' history. B. The United States' economy reached its tenth year of steady expansion in the spring of 2001. C. Compared to other decades, the 1990s was a decade was unique in that it had strong economic growth with no recessions. D. At the end of the 1990s, the government was running budget surpluses.
If Utopia opened itself to trade it would
A. export 100 cases of tile per year. B. export 450 cases of tile per year. C. import 250 cases of tile per year. D. import 150 cases of tile per year.