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Author Question: When operating on its PPF, a country can produce 2 tons of butter and 200 cars OR 3 tons of butter ... (Read 68 times)

khang

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  • Posts: 569
on: Jun 29, 2018
When operating on its PPF, a country can produce 2 tons of butter and 200 cars OR 3 tons of butter and 150 cars. The opportunity cost of 1 ton of butter is ________ cars per ton of butter.
 
  A) 300
  B) 200
  C) 50
  D) 0.75

Question 2

Which of the following is NOT a monetary policy tool of the Federal Reserve?
 
  A) changes in required reserves
  B) last resort loans
  C) deposit insurance
  D) open market operations


jliusyl

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  • Posts: 328
Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

C


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