Refer to the above table. What is the total labor cost for 11 workers?

Which of the following would be included in the government consumption and investment component of GDP?

a. the export of 100 fighter jets to Japan b. construction costs of a new public school building c. food stamps used by the Smith family d. a $1,000 check issued by the federal government as part of the Pell Grant program to help college students pay for school

Consider the following combinations of guns and butter that can be produced: 0 guns, 20,000 units of butter; 5,000 guns, 15,000 units of butter; 10,000 guns, 10,000 units of butter; 15,000 guns, 5,000 units of butter; 20,000 guns, 0 units of butter. The PPF between guns and butter is

A) a downward-sloping bowed-out curve. B) a downward-sloping straight line. C) an upward-sloping straight line. D) It is impossible to answer this question without knowing which good would be plotted on the vertical axis.