The above table depicts output from a firm that manufactures computers. The computers sell for $1,000 each. What is the marginal revenue product (MRP) for the fourteenth worker per week?

Labor force productivity has increased from $30 per hour to $32 per hour over the past year. This could result from

A) an increase in real GDP with no change in the aggregate hours or a decrease in aggregate hours with no change in real GDP. B) only an increase in real GDP. C) an increase in population. D) an increase in the labor force participation rate. E) only a decrease in aggregate hours.

As the nominal interest rate increases, the opportunity cost of holding money ________ and the quantity of money demanded ________

A) decreases; decreases B) increases; increases C) decreases; increases D) increases; decreases E) increases; does not change because people need money