According to the ____ view, a nation’s wealth consists of the amount of gold or other monies at its command.

A. Keynesian
B. free trade
C. mercantilist
D. monetarist

Answer: C

Economics

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The opportunity cost of attending college includes the cost of

A) the tuition but not the job at which you would otherwise have worked. B) the highest valued alternative to attending college. C) the highest valued alternative to attending college plus the cost of tuition. D) tuition, books, and the lost wages for the hours spent studying.

Economics

Victor currently produces nuts and bolts at point a in the figure. Victor's marginal cost of producing an additional nut is ________

A) 1 bolt per nut B) 1/2 bolt per nut C) 8/6 bolts per nut D) 8 bolts per nut

Economics