When an individual is unable to alter or undo a past decision he/she incurs an opportunity cost

Your company makes copper pipes. Over the years, you have collected a large inventory of raw copper. The production process involves melting the copper and shaping it into pipes. You also have a large stockpile of pennies. Suppose the price of copper rises so much that the copper in the penny becomes worth more than one cent. Should you melt down your pennies?

What will be an ideal response?

If Sally Smith creates VCU1 by playing an online game, the effect is to cause the nation's:

a. M2 money supply to remain the same. b. M2 money supply to fall. c. M2 money multiplier to rise. d. Monetary base to fall.