In the 15th century, _____ rose to prominence in trade with areas to the east of Europe, while _____ dominated trade with the West

As inflation rates increase, borrowing and lending contracts tend to

a. increase in size. b. decrease in size. c. decrease in length of time. d. increase in length of time.

Refer to Table 5.2, which gives cost information for the production of widgets. Some values are missing, however. Which of the following is true?

A. A=45, E=40 B. A=75, E=40 C. A=45, E=10 D. A=75, E=10