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