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 fourth worker is
A. $5.
B. $20.
C. $100.
D. $475.
Answer: C
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Along any single indifference curve the ________
A) consumer is equally satisfied with any of the combinations of goods B) level of current income is unchanged C) level of future income is unchanged D) level of current and future income is unchanged
Maximizing surplus in a market depends not only on the amount bought and sold, but also on:
A. how productive the sellers are. B. who buys and sells it. C. what those consumers do with it. D. None of these statements is true.
Most economists believe that a cut in tax rates
a. would generally increase government tax revenue. b. would have no effect on aggregate demand. c. has a relatively small effect on the aggregate-supply curve. d. All of the above are correct.
The first year of the New Deal was
A. 1929. B. 1933. C. 1945. D. 1952.