Refer to Figure 2-11. What is the opportunity cost of producing 1 bolt of cotton in Indonesia?

A) 3/8 of a pound of cashews B) 5/8 of a pound of cashews
C) 2 2/3 pounds of cashews D) 120 pounds of cashews

A

Economics

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In the United States, doctors and hospitals that provide most health care are

A) 100 percent employed by the government. B) primarily private firms. C) split evenly between private firms and employed by the government. D) primarily employed by the government.

Economics

According to the interest rate effect, as the price level increases, households and firms' holdings of money ____, interest rates ____, investments ____, and the quantity RGDP demanded ____

a. increases, decrease, increase, decreases b. increases, increase, increase, decreases c. decreases, decrease, decrease, increases d. increases, increase, decrease, decreases

Economics