Pizza producers charge one price for a single pizza and almost give away a second one. This is an example of

If you expect the inflation rate to be 4 percent next year and a one year bond has a yield to maturity of 7 percent, then the real interest rate on this bond is

A) -3 percent. B) -2 percent. C) 3 percent. D) 7 percent.

The per-worker production function relates output per worker

A) to capital per worker. B) to the participation rate. C) to production per worker. D) in different countries.