If the unemployment rate is 5 percent (full employment), the United States economy is operating
A. inside the production curve.
B. on the production curve.
C. outside the production curve.
B. on the production curve.
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Suppose the IS curve shifts back and forth. With a steep LM curve you get __________ variability in the interest rate and __________ variability in output than you get with a flat LM curve
A) more; more B) more; less C) less; more D) less; less
When final sales are larger than GDP,
a. inventories did not change. b. a net increase in inventories took place. c. a net decrease in inventories took place. d. the direction of any net change in inventories is uncertain.
Which of the following statements is correct?
a. The demand curve typically slopes upward; the supply curve typically slopes downward. b. The demand curve typically slopes downward; the supply curve typically slopes upward. c. Both the demand and supply curves typically slope downward. d. Both the demand and supply curve typically slope upward. e. The demand curve is typically vertical; the supply curve is typically horizontal.
Fill out the table and answer the question below. 
The marginal product of the fifth unit of labor is
A. 10. B. 4. C. -2. D. 16.