What are the two broad sources of potential GDP growth?
What will be an ideal response?
The two broad sources of growth in potential GDP are growth of the supply of labor and growth of labor productivity.
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Suppose a monopolist faces the demand curve shown below. 
The marginal revenue of the 35th unit of output is:
A. $-5. B. $20. C. $10. D. $0.
Use the following information to answer the next question.Maya purchases only three products; orange juice, prepared meals, and on-demand episodes of her favorite shows. Each week she purchases 2 bottles of orange juice, 14 prepared meals, and 8 on-demand episodes. The prices of bottles of orange juice, prepared meals, and on-demand episodes for four different years are shown in the table below.YearPrice of Orange JuicePrice of Prepared MealsPrice of On-Demand Episodes1$2$6$102$6$5$123$4$7$134$4$8$11How much will Maya spend per week in Year 4?
A. $178 B. $168 C. $210 D. $208
The decision to smoke cigarettes is not subject to present bias because the health risks of smoking cigarettes are widely known.
Answer the following statement true (T) or false (F)
Suppose an employer is biased against African Americans. If his discrimination coefficient is $2, the employer will:
A. randomly hire African-American and white workers if the actual African-American-white wage differential is more than $2. B. randomly hire African-American and white workers if the actual African-American-white wage differential is less than $2. C. hire only African Americans if the actual African-American-white wage differential is less than $2. D. hire only whites if the actual African-American-white wage differential is less than $2.