Refer to the information provided in Figure 2.5 below to answer the question(s) that follow. Figure 2.5Refer to Figure 2.5. The marginal rate of transformation in moving from Point A to Point B is

A. -2/3.
B. -1.5.
C. -3.
D. -30.

Answer: B

Economics

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The opportunity cost of holding money is measured by

A) the interest yield that could have been earned by holding some other asset. B) the liquidity of interest-bearing assets. C) the price of government bonds. D) a dollar.

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Which of the following is not a drawback of forecasting using the compound growth rate method?

A) only considers first and last observations B) considers only equal absolute changes C) disregards fluctuations between the original and terminal observations D) does not consider any trends in the data

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