Question 8 (1 point) Table 369-269 Hours Needed to Make 1 Unit of Bread Lemonade 1 4 5 2 England France Refer to Table 369-269. Which of the following combinations of bread and lemonade could France produce in 20 hours? O2 units of bread and 20 units of lemonade O 4.5 units of bread and 20 units of lemonade 20 units of bread and 20 units of lemonade 4 units of bread and 10 units of lemonade Question 9 (1 point) Figure 369-469 500 500 450 450 400 Jane's PPP Alvina's PPF 400 350 300 250 300 LEMONADE LEMONADE 250 200 (180.180) 150 160 100 50 100 50 50 100 150 200 250 300 350 400 450 500 PIZZAS 50 100 150 200 250 300 350 400 450 so PIZZAS Refer to Figure 369-469. If point A represents Alvina's production and point B represents Jane's production, Alvina produces 200 pitchers of lemonade und 100 pizzas while June produces 180 pitchers of lemonude und 180 pizzas. Alvina produces 180 pitchers of lemonade and 180 pizzas while Jane produces 200 pitchers of lemonade and 100 pizzas. Alvina produces 100 pitchers of lemonade and 200 pizzas while Jane produces 180 pitchers of lemonade and 180 pizzas Only Alvina can benefit from specialization and trade. Question 11 (1 point) In response to a decrease in the Fed's discount rate, banks will Oborrow more from the Fed and lend more to the public. The money supply increases. borrow more from the Fed and lend less to the public. The money supply decreases. borrow less from the Fed and lend more to the public. The money supply increases. borrow less from the Fed and lend less to the public. The money supply decreases. Question 12 (1 point) Oklahoma has a higher opportunity cost to produce bark than lowa. Therefore, lowa has a comparative advantage in the production of bark. Iowa has an absolute advantage in the production of bark. lowa should import bark from Oklahoma. Oklahoma should produce just enough bark to satisfy its own residents' demands. Question 13 (1 point) Net exports of South Sudan are the value of its O goods and services imported minus the value of goods and services exported. O goods and services exported minus the value of goods and services imported. O goods exported minus the value of goods imported. goods imported minus the value of goods exported