Refer to the short-run information provided in Figure 8.5 below to answer the question(s) that follow. 
Figure 8.5 Refer to Figure 8.5. If one drone is produced, average fixed costs are
A. $0.
B. $50.
C. $80.
D. indeterminate from this information.
Answer: B
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In the circular flow model,
A) the government has no direct interaction with either households or firms. B) the government is represented as a separate market. C) the government buys goods and services from firms. D) goods and services are sold by households and purchased by firms. E) factor markets are where goods rather than services are bought and sold.
Refer to the graph shown. 
The top 20 percent of the families earn:
A. 67.4 percent of the income. B. 54.7 percent of the income. C. 32.6 percent of the income. D. 45.3 percent of the income.
Suppose that in Mysore, the reserve-deposit ratio is res = 0.5 - 2 i,where i is the nominal interest rate. The currency-deposit ratio is 0.2 and the monetary base equals 100. The real quantity of money demanded is given by the money demand function L(Y, i) = 0.5Y - 10i,where Y is real output. Currently, the real interest rate is 5% and the economy expects an inflation rate of 5%. The money multiplier equals
A. 3.00. B. 2.00. C. 2.40. D. 4.00.
A jury award that wildly overstates non-monetary losses can harm the economy primarily because it
A. still fails to adequately compensate the injured party for all damages. B. takes from the rich and gives to the poor. C. causes overly-cautious buyers and sellers to avoid mutually-beneficial transactions. D. enriches greedy plaintiff's lawyers.