Refer to Table 5.1. What is Hector's opportunity cost of ...

[c0205847]

Refer to Table 5.1. What is Hector's opportunity cost of producing one bracelet?
 
  A) 1/5 of a tiara
  B) 1.5 tiaras
  C) 5 tiaras
  D) 6 tiaras

Question 2

The Fed ________ influence the real interest rate in the short run and ________ influence the real interest rate in the long run.
 
  A) can; can
  B) cannot; can
  C) might be able to; might be able to
  D) cannot; cannot
  E) can; cannot

[aruss1303]

Answer to Question 1

A

Answer to Question 2

E

[c0205847]

Thanks for the timely response, appreciate it

[coreycathey]

Excellent