Below Is Some Hypothetical Data for the Countries of Canada

question 111

Multiple Choice

Below is some hypothetical data for the countries of Canada and Mexico.(Assume that Canada has 10 million workers per month available and Mexico has 20 million. )
Canada's Production Possibilities
(Output in millions of bushels per month)
Mexico's Production Possibilities
(Output in millions of bushels per month)
Output Before Trade
(Output in millions of bushels per month)

-Refer to the information above to answer this question.What is the opportunity cost of 1 bushel of rye in Canada?

• A)0.67 bushels of beans.
• B)1.5 bushels of beans.
• C)2 bushels of beans.
• D)3 bushels of beans.
• E)75 bushels of beans.

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Definitions:

Maturity

The time at which payment to a bondholder is due or the termination date of an investment contract.

Stock Price

The cost of purchasing a share of a company on the stock market at any given time.

Call Option

A financial contract that gives the buyer the right, but not the obligation, to purchase an asset at a specified price within a designated time period.

Dividend Paying

Describes stocks or securities that regularly distribute a portion of the issuing company's earnings to shareholders.