Demand deposits are ______.

Which of the following items is not a factor of production?

A. An oil rig in the Gulf of Mexico B. A ski jump in Utah C. A bank loan to a farmer D. An orange grove in Florida

If the opportunity cost of producing wheat in Canada is four buffalo and the opportunity cost of producing wheat in the U.S. is two buffalo then we know that

a. Canada has both a comparative advantage and absolute advantage producing wheat b. Canada has a comparative advantage producing wheat c. the U.S. has an absolute advantage producing wheat d. the U.S. has both a comparative advantage and absolute advantage producing wheat e. the U.S. has a comparative advantage producing wheat