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In one week, Mohammed can knit 5 sweaters or bake 240 cookies.In one week, Tetah can knit 15 sweaters or bake 480 cookies.Mohammed and Tetah would produce the maximum quantities of cookies and sweaters if
Central Bank
An institution that manages a country's currency, money supply, and interest rates, and oversees the commercial banking system.
Open Market Purchases
Transactions by a central bank in which it buys securities from the market to increase the money supply and encourage economic activity.
Open Market Sales
The selling of government bonds and securities in the open market to control the money supply and influence interest rates.
Relative Price
The price of one good or service compared to the price of another, essentially showing the trade-off between the two items.
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