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Author Question: Refer to Table 5.1. What is Andrea's opportunity cost of producing one bracelet? A) 1/6 of a ... (Read 85 times)

ghost!

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on: Jun 29, 2018
Refer to Table 5.1. What is Andrea's opportunity cost of producing one bracelet?
 
  A) 1/6 of a tiara
  B) 2/3 of a tiara
  C) 6 tiaras
  D) 7.5 tiaras

Question 2

A hike in the federal funds rate results in ________ in the real interest rate which leads to a ________ in investment.
 
  A) an increase; a decrease
  B) a decrease; a decrease
  C) a decrease; an increase
  D) a decrease; no change
  E) an increase; an increase


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bhavsar

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Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

A


ghost!

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Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it

Joy Chen

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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