This topic contains a solution. Click here to go to the answer

Author Question: Refer to Table 2-8. Which of the following statements is true? A) Betty has an absolute advantage ... (Read 77 times)

sjones

  • Hero Member
  • *****
  • Posts: 520
Refer to Table 2-8. Which of the following statements is true?
 
  A) Betty has an absolute advantage in making both products.
  B) Betty has an absolute advantage in making statues and Wilma in making benches.
  C) Betty has an absolute advantage in making benches and Wilma in making statues.
  D) Wilma has an absolute advantage in making both products.

Question 2

If a bank receives a 20 million discount loan from the Federal Reserve, then the bank's reserves will
 
  A) increase by more than 20 million. B) increase by 20 million.
  C) not change. D) increase by less than 20 million.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

ntsoane kedibone

  • Sr. Member
  • ****
  • Posts: 333
Answer to Question 1

A

Answer to Question 2

B




sjones

  • Member
  • Posts: 520
Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it


dyrone

  • Member
  • Posts: 322
Reply 3 on: Yesterday
Excellent

 

Did you know?

People with alcoholism are at a much greater risk of malnutrition than are other people and usually exhibit low levels of most vitamins (especially folic acid). This is because alcohol often takes the place of 50% of their daily intake of calories, with little nutritional value contained in it.

Did you know?

An identified risk factor for osteoporosis is the intake of excessive amounts of vitamin A. Dietary intake of approximately double the recommended daily amount of vitamin A, by women, has been shown to reduce bone mineral density and increase the chances for hip fractures compared with women who consumed the recommended daily amount (or less) of vitamin A.

Did you know?

Throughout history, plants containing cardiac steroids have been used as heart drugs and as poisons (e.g., in arrows used in combat), emetics, and diuretics.

Did you know?

Amphetamine poisoning can cause intravascular coagulation, circulatory collapse, rhabdomyolysis, ischemic colitis, acute psychosis, hyperthermia, respiratory distress syndrome, and pericarditis.

Did you know?

About 60% of newborn infants in the United States are jaundiced; that is, they look yellow. Kernicterus is a form of brain damage caused by excessive jaundice. When babies begin to be affected by excessive jaundice and begin to have brain damage, they become excessively lethargic.

For a complete list of videos, visit our video library