If a country is producing efficiently and is on the production possibilities frontier, the only way to produce more of one good is with an advance in technology

An advantage to exchange-rate targeting is it helps keep inflation under control by tying the inflation rate for ________ traded goods to what is found in the ________ country

A) domestically; anchor B) domestically, domestic C) internationally; anchor D) internationally; domestic

Which of the following forms of money is the least liquid?

a. Dollars. b. Checking account deposits. c. Passbook savings. d. Certificates of deposit.