One inconvenience of commodity money is the need for
a. money to be divisible.
b. uniform quality.
c. portability.
d. All of the above are correct.
d
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A producer is said to have an absolute advantage in the production of a good when:
A) the producer can produce more units of the good per hour than another producer. B) the producer has a lower opportunity cost than another producer. C) the producer has a higher opportunity cost than another producer. D) the producer can sell the good at a higher price than another producer.
In its case against Microsoft, the government contended that Microsoft engaged in a pattern of predatory behavior designed to extend its monopoly power. This is an example of "per se illegality."
a. True b. False
The rapid growth of the temporary-help industry
A. could decrease the natural rate of unemployment. B. has not affected the unemployment rate since part-time workers are counted as fully employed. C. has enabled employers to fill job vacancies more easily. D. All of the choices are correct.
What are public assistance programs?
What will be an ideal response?