The business cycle is the periodic but recurrent fluctuations in real GDP

The above table shows production combinations on a country's production possibilities frontier. A movement from ________ involves the greatest opportunity cost of increasing the production of good Y

A) point E to point D B) point D to point C C) point C to point B D) point B to point A

The failure of the Bank of the United States in December 1930 probably intensified the banking panic for each of the following reasons except that it proved that ___

a. the Fed might fail to act as a lender of last resort. b. big banks could fail. c. New York Banks could fail. d. that Wall Street banks could fail.