If an economy can produce a maximum of 100 units of good X and the opportunity cost of 1X is always 5Y, then what is the maximum number of units of good Y the economy can produce?

To attract more bidders, and more aggressive bidders, to your common-value auction

a. withhold relevant information about the value of the object b. allow bidders to know how others are bidding c. do not allow potential bidders to examine the object too closely d. do not hold oral auctions

Harry gets $1,000 in currency from his grandfather when he graduates from college. He deposits these funds into his checking account. Considering Harry's personal balance sheet, his assets:

A. And liabilities increased by $1,000 when he deposited the funds into his checking account. B. increased by $1,000 when he deposited the $1,000 into his checking account. C. Increased when he received the $1,000 in currency from his grandfather. D. Increased by $1,000 and his liabilities decreased by $1,000 when he deposited the funds into his checking account.