Author Question: Refer to Table 2-4. What is George's opportunity cost of cultivating a garden? A) one-half of a ... (Read 65 times)

vHAUNG6011 · **on:** Jun 29, 2018

Refer to Table 2-4. What is George's opportunity cost of cultivating a garden?

A) one-half of a garden cultivated B) two lawns mowed
C) two-thirds of a garden cultivated D) one and a half lawns mowed

Question 2

Expansionary monetary policy to prevent real GDP from falling below potential real GDP would cause the inflation rate to be ________ and real GDP to be ________.

A) higher; higher B) higher; lower C) lower; lower D) lower; higher