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.
What are public assistance programs?
What will be an ideal response?
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.