One of the early founders of the European welfare state

Refer to Table 2-16. What is Estonia's opportunity cost of producing one board foot of lumber?

A) 0.2 cell phones B) 5 cell phones C) 8 cell phones D) 32 cell phones

Which of the following is an exogenous variable in the Three-Sector-Model?

a. GDP price index b. Real risk-free interest rate c. Required reserve ratio d. Quantity of currency per time period e. Real GDP