The greater the opportunity cost of any particular occupation, the smaller the number of people who will select that occupation

Which of the following phrases does not accurately describe a feature of the European economy during the Renaissance period?

a. Technological advances in navigation b. The rise of nation-states c. Declining population d. Increased security of persons and property

Which of the following is true of a certificate of deposit?

a. They are accounts at savings and loan associations. b. The funds in this deposit account are not given out in the form of loans. c. The funds in this account must be deposited for a specified period of time. d. The value of the deposit should be more than $100,000. e. The deposits earn very little or no interest.