You withdraw $2,000 from your account. Your bank has a desired reserve ratio of 20 percent. This transaction, by itself, will directly reduce

If Israel has a lower opportunity cost producing oranges than Canada, then compared to Canada's orange production, it

a. is less efficient in producing other goods b. has an absolute advantage producing oranges c. cannot export oranges to other countries successfully d. has a comparative advantage producing oranges e. will have reason to import oranges

Some colleges now offer massive open online courses (MOOCs), where students do not need to be in the same classroom as their instructors. The fixed cost of an online course is relatively ________, but after the courses are placed online, the marginal

cost of providing instruction to an additional student is ________. A) high; low B) high; high C) low; low D) low; high