Refer to Table 2-9. What is Thailand's opportunity cost of producing one wristwatch?

What concept is involved when one disproportionately powerful actor can help provide the collective good, either directly or indirectly?

a. sustainability b. selective incentive c. privatization d. hegemony

A $10 million open market purchase will increase the monetary base by

A) $10 million. B) $10 million times the money multiplier. C) $10 million divided by the money multiplier. D) an amount between $0 and $10 million, depending on the fraction of the purchase the public wishes to hold as currency.