Author Question: The opportunity cost of the U.S. producing tea or coffee is measured by the value of the foregone ... (Read 11 times)

burchfield96 · **on:** Jun 30, 2018

The opportunity cost of the U.S. producing tea or coffee is measured by the value of the foregone production alternativemanufact uring or staples.

Indicate whether the statement is true or false

Question 2

A cut in the payroll tax will tend to cause, other things the same, ________.

A) a change in aggregate demand, with no effect on supply
B) a change in both aggregate demand and supply
C) a change in aggregate supply, with no effect on demand
D) no change in either aggregate demand or supply

amanda_14 · **Reply #1 on:** Jun 30, 2018

Answer to Question 1

True

Answer to Question 2

B

burchfield96 · **Reply #2 on:** Jun 30, 2018

Correct answers!

amanda_14 · **Reply #3 on:** Jun 30, 2018

Great! Please up vote

Author Question: The opportunity cost of the U.S. producing tea or coffee is measured by the value of the foregone ... (Read 11 times)

burchfield96

The opportunity cost of the U.S. producing tea or coffee is measured by the value of the foregone ...

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amanda_14

The opportunity cost of the U.S. producing tea or coffee is measured by the value of the foregone ...

burchfield96

The opportunity cost of the U.S. producing tea or coffee is measured by the value of the foregone ...

amanda_14

The opportunity cost of the U.S. producing tea or coffee is measured by the value of the foregone ...