Amy can produce either 5,000 pounds of cheese or 20 cars per year. Mike can produce either 5,000 pounds of cheese or 10 cars per year. Amy's opportunity cost of producing one car is ________ pounds of cheese.

According to the circular flow model, all else constant, an increase in government spending should cause an increase in spending, income, and production in the economy

Indicate whether the statement is true or false

Stock and Watson found that monetary policy was responsible for about ________% of the reduction in output volatility that occurred in the mid-1980s

A) 0 to 10 B) 10 to 20 C) 20 to 30 D) 30 to 40