Which of the following is an example of a physical capital?

For a country with a fixed exchange rate and no sterilization: When the FE curve is flatter than the LM curve, a negative domestic spending shock to the IS curve creates a balance of payments deficit, which then causes the LM curve to shift to the left.

Answer the following statement true (T) or false (F)

Related to the Economics in Practice on p. 6: The opportunity cost to Apple of having the hard drive produced in Japan by Toshiba is

A. the wages paid to Japanese workers. B. the value-added captured by Apple in the United States. C. the components of the hard drive which are not produced by Toshiba. D. having the hard drive produced by the next best available company.