When you see an advertisement on TV for a hair care product in which the actor using the product is depicted as beautiful and happy, this is

Refer to Figure 2-10. If the economy is currently producing at point E, what is the opportunity cost of moving to point D?

A) 16 thousand spoons B) 26 thousand forks C) 20 thousand forks D) 0 spoons

In the classical model with an open economy, an increase in the trade deficit as a result of a tax cut, causes a decline in the interest rate, attracting more loanable funds from abroad

a. True b. False