Kitchen Fact: Cooked food stored in the refrigerator should be eaten in 3 to 4 days. After food is cooked, it should sit out at room temperature no more than two hours before being refrigerated to slow down bacteria growth. But once stored in the fridge, leftovers should be eaten up within three to four days because bacteria can still grow even at refrigerator temperatures. To help you remember how long something has been in the fridge, we recommend labeling it with the date it was cooked to help you keep track!
Opportunity cost is always measured by how much you give up of the next best alternative to get what you want. Opportunity Costs and Production Possibilities The production possibility curve illustrates the principle of opportunity cost for an entire economy.
Economic Costs of Inflation. The Economic Costs of Inflation deal with and measures the marginal costs of producing money. Like all other productions, the economic costs of inflation involve the appropriate price of money, which in this case, is the nominal rate of interest. This price of money indicates the return which must be pre-determined to hold back dollars, in place of some other assets which offer the market interest rate.