Opportunity cost always arises when a trade-off decision is made

a. True
b. False
Indicate whether the statement is true or false

True

Economics

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Most entrepreneurs become extremely wealthy.

a. true b. false

Economics

A bank has $250 in checking deposits, $1,000 in savings deposits, $1,200 in time deposits, $1,000 in loans to businesses, $400 in outstanding credit card balances, $800 in government securities, $25 in currency in its vault, and $25 in deposits at

the Fed. Of these, ________ are part of M2. A) $2,600 B) $2,450 C) $3,450 D) $2,850 E) $2,200

Economics