Refer to the table above. What is the marginal opportunity cost of transporting products to the market if the firm decides to choose factory Far over factory Very Far?

Refer to Figure 27-6. In the dynamic model of AD-AS in the figure above, if the economy is at point A in year 1 and is expected to go to point B in year 2, and no fiscal or monetary policy is pursued, then at point B

A) the economy is below full employment. B) firms are operating at below capacity. C) there is pressure on wages and prices to fall. D) income and profits are falling. E) the unemployment rate is very low.

Assume that the central bank sells government securities in the open market. If the nation has highly mobile international capital markets and a fixed exchange rate system, what happens to the real GDP and net nonreserve-related borrowing/lending in the context of the Three-Sector-Model? State your answer after the macroeconomic system returns to complete equilibrium

a. Real GDP remains the same and net nonreserve-related borrowing/lending balance becomes more positive (or less negative). b. Real GDP rises and net nonreserve-related borrowing/lending balance becomes more negative (or less positive). c. Real GDP falls and net nonreserve-related borrowing/lending balance becomes more positive (or less negative). d. Real GDP and net nonreserve-related borrowing/lending balance remain the same. e. There is not enough information to determine what happens to these two macroeconomic variables.