What is meant by the term Odious Debt"?

Refer to Figure 2-2. What is the opportunity cost of one dozen orchids?

A) 0.4 dozen roses B) 2.5 dozen roses C) 7.25 dozen roses D) 16 dozen roses

The money price of a good is that price

A) expressed in constant 2005 dollars. B) expressed in purchasing power against a common item like bread. C) expressed in today's dollars. D) that would clear the market.