If a Country Produces Good Y (Measured on the Vertical

question 35

Multiple Choice

If a country produces good Y (measured on the vertical axis) and good X (measured on the horizontal axis) , then the absolute value of the slope of its production possibility frontier is equal to

• A) the opportunity cost of good X.
• B) the price of good X divided by the price of good Y.
• C) the price of good Y divided by the price of good X.
• D) the opportunity cost of good Y.
• E) the cost of capital (assuming that good Y is capital intensive) divided by the cost of labor.

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Real Estate Companies

Businesses involved in the buying, selling, management, or investment of real estate properties.

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The act of recording something, such as a company's securities, with a regulatory authority to ensure compliance with applicable rules.

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Financial instruments that represent ownership positions in corporations (stocks), creditor relationships with governmental bodies or corporations (bonds), or rights to ownership as represented by an option.

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