The structural deficit is the deficit at full employment.

Refer to Figure 2-5. If the economy is currently producing at point W, what is the opportunity cost of moving to point Y?

A) 2 million tons of paper B) 14 million tons of steel C) 9 million tons of paper D) 2 million tons of steel

Which of the following type of funds cater to wealthy individuals, are not bound by government regulations, and are actively traded in foreign exchange markets?

A) pension funds B) mutual funds C) hedge funds D) exchange funds