The opportunity cost to society of producing one more unit of the good is
A) average cost.
B) marginal cost.
C) efficiency costing.
D) the optimal cost.
Answer: B
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Based on this figure, in order to maintain an exchange rate of $0.15 dollars per Norwegian krone, the Norwegian government will have to spend (in dollars)________ worth of international reserves per period. 
A. $2,000 B. $5,500 C. $300 D. $825
Refer to the figure above. Domestic consumers of this product in A would most prefer
A) a customs union with C. B) a customs union with B. C) a free trade agreement with C. D) no agreement with either country.
M1 includes all but which of the following?
A) savings deposits. B) currency in the hands of the public. C) transactions accounts. D) travelers checks.
Economics is the study of how people cope with: a. fluctuations in stock prices. b. greed
c. limited human wants. d. limited resources.