The idea of opportunity cost is relevant
a. only in consumption decisions.
b. only in production decisions.
c. only in financial decisions.
d. in almost any kind of decision.
d
Economics
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Which of the following counties are largely dependent on trade with the United States?
a. China and Japan b. U.K. and Germany c. Canada and Mexico d. France and Belgium e. Canada and U.K
Economics
The Federal Reserve Open Market Committee allows representatives of the President and Congress to sit on its meetings
a. True b. False
Economics
Most economists view the United States as an ongoing experiment that raises serious doubts about the virtues of free trade
a. True b. False Indicate whether the statement is true or false
Economics
An extremely severe recession is known as a
A. peak. B. trough. C. depression. D. contraction.
Economics