Which of the Following Is Not a Reason for Increasing

question 10

Multiple Choice

Which of the following is not a reason for increasing opportunity costs:

• A)technology differs among nations
• B)factors of production are not homogeneous
• C)factors of production are not used in the same fixed proportion in the production of all commodities
• D)for the nation to produce more of a commodity,it must use resources that are less and less suited in the production of the commodity

---

Definitions:

Reserve Requirement Ratio

The fraction of deposits that banks must hold in reserve and not loan out, as mandated by central banking authorities.

Central Bank

An institution designed to oversee the banking system, regulate the quantity of money in the economy, and provide various financial services to the government.

Treasury Bonds

Long-term government debt securities with a fixed interest rate, considered low-risk investments.

Required Reserves

The minimum amount of deposits that a bank must hold in reserve and not lend out, as mandated by central banking regulations.