Refer to the data provided in Table 10.3 below to answer the following question(s).
Table 10.3 
Refer to Table 10.3. Marginal revenue product of the ________ worker is $1,000.
A. second
B. third
C. fourth
D. fifth
Answer: B
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Darius lent Alejandro $1,000 for one year with the understanding that Alejandro would repay $1,070 . If the actual inflation rate was 7 percent, what was the real rate of interest Darius received?
a. 14 percent b. 7 percent c. 4 percent d. 0 percent e. -7 percent
The Condorcet paradox demonstrates that the result of a majority vote may be affected by
a. moral hazard. b. adverse selection. c. the order of the votes. d. All of the above are correct.
You saved $500 in currency in your piggy bank to purchase a new laptop. The $500 you kept in your piggy bank illustrates money's function as a _______. The laptop's price is posted as $500 . The $500 price illustrates money's function as a _____. You use the $500 to purchase the laptop. This transaction illustrates money's function as a ______
a. store of value, medium of exchange, unit of account b. store of value, unit of account, medium of exchange c. medium of exchange, unit of account, store of value d. medium of exchange, store of value, unit of account
In 2000, Microsoft was
A. issued a consent decree requiring it to be sold to new owners. B. fined more than $1 billion for violating U.S. antitrust laws. C. found not guilty of violating U.S. antitrust laws. D. ordered by a judge to split into two companies.