Which of the following is NOT illustrated by a production possibility curve?

a. scarcity
b. opportunity cost
c. necessity for choice
d. price

d

Economics

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Refer to Figure 9-3. If there was no quota, how many pounds of peanuts would domestic producers supply?

A) 10 million B) 28 million C) 30 million D) 40 million

Economics

Please define and give an example of sterilized foreign exchange intervention

What will be an ideal response?

Economics