Refer to Table 2-20. What is Japan's opportunity cost of producing one wristwatch?

A) 0.04 pounds of rice B) 4 pounds of rice C) 25 pounds of rice D) 40 pounds of rice

C

Economics

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All of the following would show a more equal distribution than the distribution of money income EXCEPT

A) total income. B) after-tax income. C) wealth. D) lifetime earnings.

Economics

Which of the following would be most likely to push stock prices higher?

a. higher interest rates and the expectation of larger future corporate profits b. higher interest rates and the expectation of smaller future corporate profits c. lower interest rates and the expectation of larger future corporate profits d. lower interest rates and the expectation of smaller future corporate profits

Economics