Refer to the information provided in Figure 7.4 below to answer the question(s) that follow. 
Figure 7.4Refer to Figure 7.4. The marginal product of the fourth worker is
A. 8.
B. 12.5.
C. 48.
D. 92.
Answer: A
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The Consumer Price Index market basket contains
A) the goods and services that the economists working for the BLS believes consumers should buy. B) the U.S.-produced goods and services purchased by an average urban household. C) the minimal dietary requirements of an average urban household. D) the goods and services purchased by an average urban household. E) the ideal calorie intake of each member of an average urban household.
Karl Marx viewed socialism only as a transition to the ideal state of communism
a. True b. False Indicate whether the statement is true or false
The Phillips curve shows the relationship between
a. the rate of inflation and the rate of unemployment. b. the rate of growth of real GDP and the rate of unemployment. c. real prices and real GDP. d. the rate of inflation and the rate of growth of real GDP.
Central banks in developing countries:
A. monetize government debt to a much greater degree than developed countries. B. monetize government debt to roughly the same extent as developed countries. C. monetize government debt, but in a more limited manner than developed countries. D. do not monetize government debt.