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Author Question: When we choose a particular option, we must give up alternative options. The highest-valued ... (Read 111 times)

gonzo233

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on: Jun 29, 2018
When we choose a particular option, we must give up alternative options. The highest-valued alternative forgone is the ________ of the option chosen.
 
  A) opportunity cost
  B) comparative advantage
  C) nonmonetary cost
  D) absolute advantage

Question 2

Which of the following is a liability of the Federal Reserve?
 
  A) currency
  B) mortgage-backed securities
  C) U.S. government securities
  D) U.S. coins


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bassamabas

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

A

Answer to Question 2

A


gonzo233

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Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it

bimper21

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Reply 3 on: Yesterday
Excellent

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