The fastest growing nations today are those with
A) few funds spent on research and development.
B) government intervention in markets to ensure high prices.
C) the least saving.
D) the fastest growing exports and imports.
E) barriers that significantly limit international trade.
D
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A production function will begin
A. at the origin. B. on the horizontal axis. C. on the vertical axis. D. in the middle of the diagram (at a positive L and positive output).
Refer to the information provided in Figure 7.10 below to answer the question(s) that follow. 
Figure 7.10Refer to Figure 7.10. At Point A the absolute value of the slope of the q1 = 100 isoquant is
A. less than 2. B. exactly equal to 2. C. greater than 2. D. indeterminate from this information.
The point where the central bank's target inflation rate is consistent with the long-run real interest rate lies:
A. on the monetary policy reaction curve. B. on the horizontal (inflation) axis. C. above the monetary policy reaction curve. D. below the monetary policy reaction curve.
The above figure shows the costs at Barney's Bagel Bakery. For which of the following levels of output does the average product of labor exceed the marginal product of labor?
A) at 1000 bagels daily B) at 2000 bagels daily C) at 3000 bagels daily D) all of the above