Figure 3-6
The production possibilities frontiers below show how much Greg and Catherine can each produce in 8 hours of time.
Greg's Production Possibilities
Catherine's Production Possibilities 
-Refer to Figure 3-6. Which if any good(s) does Catherine have an absolute advantage producing?
Definitions:
Interest Rates
The cost of borrowing money or the return on investment for savings, typically expressed as a percentage.
Collateral
An asset that a borrower offers to a lender to secure a loan, which the lender can seize if the loan is not repaid.
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