Use the Following to Answer Questions

question 289

Multiple Choice

Use the following to answer questions :
Figure: Comparative Advantage
Eastland and Westland produce only two goods, boxes of peaches and boxes of oranges, and this figure shows each nation's production possibility frontier for the two goods.
-(Figure: Comparative Advantage) Look at the figure Comparative Advantage. The opportunity cost of producing 1 box of peaches for Westland is _____ box(es) of oranges.

• A)1
• B)0.25
• C)4
• D)10

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Definitions:

HSA

Health Savings Account; a savings account that allows individuals to set aside money pre-tax for medical expenses.

Form 8889

The tax form used for reporting contributions, distributions, and taxes related to Health Savings Accounts (HSAs).

HSA

A Health Savings Account, a tax-advantaged account used to save for medical expenses.

Health Insurance Premiums

The amounts paid for health insurance coverage, which may be tax-deductible under certain conditions.