Refer to Scenario 14.2. What is the average product of the 4th worker?
A) 4
B) 5
C) 6
D) 6.5
E) 7
D
Economics
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Which of the following is NOT an asset of the Federal Reserve System?
A) mortgage-backed securities B) reserves of depository institutions C) U.S. government securities D) None of the above are correct because they are all assets of the Federal Reserve.
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In the above table, the inflation rate between 2014 and 2015 is approximately
A) 10 percent. B) 11 percent. C) 121 percent. D) None of the above answers is correct.
Economics