Refer to the accompanying figure. For Pat, the opportunity cost of planting one bulb is removing: 
A. 5 bags of trash.
B. 1/20 of a bag of trash.
C. 20 bags of trash.
D. 1/5 of a bag of trash.
Answer: D
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The greater the quantity and quality of complementary resources used in production, the ________ is the marginal productivity of the resource in question and the ________ is the demand for that resource
a. greater, lower b. lower, greater c. greater, greater d. lower, lower
Suppose that the current federal funds rate is below the federal funds target rate. In order to raise the federal funds rate the Fed will ________________ securities on the open market which will ________________ the supply of reserves in the market for reserves, pushing the rate closer to the target rate
A) sell; increase B) purchase; increase C) purchase; decrease D) sell; decrease
Which of the following is a final good or service?
a) a haircut purchased by a father for his 12 year-old son b) fertilizer purchased by a farm supplier c) diesel fuel bought for a delivery truck d) Chevrolet windows purchased by a General Motors assembly plant
When the price level is low, resulting in domestic goods being cheaper than imported foreign goods:
A. consumers hold more money. B. consumers spend less money. C. the demand for domestic goods will increase. D. there will be a reduction in import tariffs.