What is Wendy’s opportunity cost of producing a yard of cloth?
a. 3 pounds of food
b. 2 pounds of food
c. 1 pound of food
d. 1/2 pound of food
b. 2 pounds of food
Economics
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If the government adopts expansionary monetary policy during a recession, ________
A) tax rates increase B) government spending falls C) access to credit increases D) interest rates increase
Economics
A time series graph
A) uses bars rather than lines. B) is not useful if the goal is to determine a variable's trend. C) shows points that are scattered. D) depicts a series of good economic times a nation had. E) shows how a certain variable changes over time.
Economics