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The answers are below:
1. A
2. D
3. B
4. Safety, comfort, leisure, security
5. A
6. D
7. mrp is equal to the demand curve in the labor market
8. C
9 9. Mrp>mrc--> employ more resources; mrp=mrc-->profit max loss min scenario for employment of resources; map<mrc--> employ less resources
10. C
11. D
12. D
13. D
14. B
15. Present value and interest rates have an inverse relationship. Any investment has an inverse relationship with interest rates
16. A
17. Risks: inflation, alternative use, risk premiums--> calculated through the interest rate
18. B
19. B
20. D
21.B
22.
23.
24.
25.
26. C
27. B
