If Britain, at the point where it is currently producing, must give up the production of 75 hats to produce 25 additional sweaters, the opportunity cost of producing 4 sweaters is _______ hats.
A) 4
B) 12
C) 71
D) 79
Ans: B) 12
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Answer the following statement true (T) or false (F)
The weights used in calculating the firm's weighted-average cost of capital are equal to the proportion of debt and equity ____
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Assume the MPC is 0.72 . The multiplier is
a. 4.53. b. 1.39. c. 2.57. d. 3.57.