When we choose a particular option, we must give up alternative ...

[gonzo233]

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

[bassamabas]

Answer to Question 1

A

Answer to Question 2

A

[gonzo233]

Excellent

[raili21]

Thanks for the timely response, appreciate it