Refer to Figure 18.3. The opportunity cost of producing pogo sticks in Livonia is A) 2/3 of a ...

Author Question: Refer to Figure 18.3. The opportunity cost of producing pogo sticks in Livonia is A) 2/3 of a ... (Read 43 times)

WWatsford

Hero Member
Posts: 539

on: Jun 30, 2018

Refer to Figure 18.3. The opportunity cost of producing pogo sticks in Livonia is

A) 2/3 of a scooter. B) 4/5 of a scooter. C) 6/5 scooters. D) 1.25 scooters.

Question 2

Which action could the Fed use to decrease the money supply?

A) a tax increase B) a decrease in the discount rate
C) an increase in the required reserve ratio D) an open market purchase

Sophiapenny

Sr. Member
Posts: 339

Reply #1 on: Jun 30, 2018

Answer to Question 1

B

Answer to Question 2

C

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Author Question: Refer to Figure 18.3. The opportunity cost of producing pogo sticks in Livonia is A) 2/3 of a ... (Read 43 times)

WWatsford

Refer to Figure 18.3. The opportunity cost of producing pogo sticks in Livonia is A) 2/3 of a ...

Sophiapenny

Refer to Figure 18.3. The opportunity cost of producing pogo sticks in Livonia is A) 2/3 of a ...

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