The federal spending appropriation for Education and Training in the Fiscal Year 2016 was

Country A produces 10 chairs and 6 tables using its resources. Country B produces 12 chairs and 18 tables. Determine the comparative advantage and the absolute advantage that both countries enjoy

What will be an ideal response?

If Federal Reserve notes and coins are $765 billion, and banks' reserves at the Fed are $8 billion, the gold stock is $11 billion, and the Fed owns $725 billion of government securities, what does the monetary base equal?

A) $765 billion B) $773 billion C) $776 billion D) $744 billion E) $1,509 billion