Based on the data in Table 3.1
A) Jesse should specialize in both goods.
B) Jesse should specialize in painting kites and trade for snowboards.
C) Jesse should specialize in painting snowboards and trade for kites.
D) April should specialize in both goods.
Question 2
In the United States, bank reserves include:
A) vault cash, currency held by the public and bank's holdings on deposit at the Federal Reserve Bank.
B) currency held by the public and bank's holdings on deposit at the Federal Reserve Bank.
C) vault cash and the bank's holdings on deposit at the Federal Reserve Bank.
D) vault cash and the currency held by the public.