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Basic Question 0 of 10
Units of output per work day:
B. 1 unit of food is 2 units of clothing.
C. 1 unit of clothing is 2 units of food.

Which of the following statements is correct?
In Japan, the opportunity cost of ______
A. 1 unit of food is 3 units of clothing.
B. 1 unit of food is 2 units of clothing.
C. 1 unit of clothing is 2 units of food.
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I am using your study notes and I know of at least 5 other friends of mine who used it and passed the exam last Dec. Keep up your great work!

Barnes
Learning Outcome Statements
compare, calculate, and interpret yield and yield spread measures for fixed-rate bonds
CFA® 2025 Level I Curriculum, Volume 4, Module 7.