Refer to the information provided in Figure 7.4 below to answer the question(s) that follow. 
Figure 7.4Refer to Figure 7.4. The marginal product of the second worker is
A. 10.
B. 16.
C. 20.
D. 32.
Answer: C
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If a sum of $15,000 is borrowed at 13% for a year, the interest paid by the borrower is ________
A) $750 B) $1,000 C) $1,950 D) $5,500
The more homogeneous goods are, the more we expect the law of one price to hold
Indicate whether the statement is true or false
The nominal interest rate is 4%, the inflation rate is 1% and the tax rate is 20%. Given U.S. tax laws, how is after-tax real return computed?
a. .03(1-.20) b. .04(1 -.20) c. .04(1 - .20) - .01 d. None of the above is correct.
A Dutch firm builds a factory in the United States. This will be entered as a
A. credit in the U.S. current account. B. credit in the U.S. capital account. C. debit in the U.S. current account. D. debit in the U.S. capital account.