What would Kant advise XYZ to do?

A production point beyond the production possibilities frontier represents what?

What will be an ideal response?

For each watch Denmark produces, it gives up the opportunity to produce 50 pounds of cheese. France can produce two watches at a cost of 150 pounds of cheese. Which of the following is true?

a. Denmark has a comparative advantage in producing both watches and cheese. b. France has a comparative advantage in producing both watches and cheese. c. France has the comparative advantage in producing watches. d. Denmark has the comparative advantage in producing watches. e. Denmark has the comparative advantage in producing cheese.

When a factory pollutes the environment, there are costs associated with the damage to human health, property values, wildlife habitat, reduction of recreation possibilities, or other negative impacts. The term ________________ is used to describe those costs, which fall on third parties unrelated to the business.

a. positive externalities b. additional external costs c. collateral damage d. social externalities

What is the difference between the Treasury and the Federal Reserve? Is there any difference in the effect on the money supply between the sale of bonds by the Treasury and the sale of bonds by the Fed?