Refer to the accompanying figure. For Chris, the opportunity cost of planting one bulb is removing:
A. 3 bags of trash.
B. 25 bags of trash.
C. 1/25 of a bag of trash.
D. 1/3 of a bag of trash.
Answer: D
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The following table reports transactions that occurred in Whoville. Nominal GDP in Whoville is ________
Item Price per Unit Quantity Bottles of French Wine $20 10 Boxes of Cereal $4 20 Used Tires $15 5 Shares of Twitter Stock $10 15 Hours of Swimming Lessons $5 8 A) $320 B) $545 C) $120 D) $395 E) $195
If a country is industrialized then prolonged periods of negative growth in GNP per capita should not be a cause for concern
Indicate whether the statement is true or false
Interlocking directorates and tying contracts were outlawed under the ___________ Act.
Fill in the blank(s) with the appropriate word(s).
What is considered the most relevant interest rate when conducting monetary policy?
A. Short-term nominal interest rate B. Long-term nominal interest rate C. Annual nominal interest rate