If the opportunity cost of 1 wristwatch is 4 wall clocks in Japan ...

[xroflmao]

If the opportunity cost of 1 wristwatch is 4 wall clocks in Japan and 2 wall clocks in Germany, it makes sense for Japan to produce wristwatches.
 
  Indicate whether the statement is true or false

Question 2

Suppose that in the future, real GDP per person grows 2 percent a year in the United States and 4 percent a year in China.
 
  It will take real GDP per person approximately ________ years to double in the United States and approximately ________ years to double in China.
  A) 35; 8.75 B) 35; 17.5 C) 20; 10 D) 50; 25 E) 70; 35

[uniquea123]

Answer to Question 1

FALSE

Answer to Question 2

B

[xroflmao]

Thank you

[uniquea123]

No problemo