In 2012, the United States' balance on goods was about:

Refer to Figure 2-6. If the economy is currently producing at point D, what is the opportunity cost of moving to point B?

A) 8 thousand wrenches B) 30 thousand wrenches C) 23 thousand hammers D) 0 hammers

If an individual earns $1,500 a month and spends it evenly throughout the month, transaction balances will average

A) $50 per month. B) $750 per month. C) $1500 per month. D) $3000 per month.