Barter may be the only alternative:
a. if the supply of money dries up.
b. if the price system is not allowed to function properly.
c. if disinflation sets in
d. if hyperinflation sets in.
e. if fiat money is discontinued.
b
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In what way did the Dodd-Frank Act reduce bank revenue?
A) It increased the amount banks had to pay on interest to depositors. B) It reduced fees banks could charge when customers took out loans. C) It reduced the amount of interest banks could charge on mortgages. D) It capped the fees that banks could charge stores for debit card transactions.
Marginal profit is the slope of the total profit curve.
Answer the following statement true (T) or false (F)
The opportunity cost of attending college is
A) the money one spends on college tuition, books, and so forth. B) the highest valued alternative one forfeits to attend college. C) the least valued alternative one forfeits to attend college. D) equal to the salary one will earn when one graduates from college.
Inventories refer to
What will be an ideal response?