Characteristics that enable an item to serve well as money include each of the following, except ________
A) durable
B) abundant
C) divisible
D) portable
E) verifiable
B
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If the Fed chose to change its policy actions implemented during the heart of the recession faster than the timing suggested by the White House, this would be an indication of the Fed's
A) independence. B) frictional relationship with the White House. C) changing its monetary policy target. D) lack of credibility.
As a result of the Great Recession, most financial markets hit bottom around
a. September 2008 b. March 2009 c. September 2009 d. March 2010
Find the equation that represents the negative consumption externality in this case.
The market for a chemical pesticide can be modeled as given below, where Q is measured in thousands of pounds: MSB = 20 – 0.4Q MPB = 20 – 0.3Q MSC = MPC = 12 + 0.1Q
If income redistribution policy is based on the relative concept of poverty, the war on poverty
A. will be won quite soon. B. is, by definition, unwinnable. C. has not helped at all. D. has already been won.