A quarter is an example of commodity money because the metal used to manufacture it has some value
a. True
b. False
Indicate whether the statement is true or false
False
You might also like to view...
Refer to Table 11.1. What is the value of net exports or the trade balance?
A) $300. B) -$300. C) $1,700. D) -$1,700.
Table 10.2Table 10.2 contains price, demand, and cost data for the Capri Theater, the only first-run movie theater in a small town. What is its total profit under the student discount policy?
A. $450 B. $550 C. $600 D. $650
In the above figure, market equilibrium at point E yields the quantity X. The quantity X? is the socially optimal quantity. Point E indicates that currently there is
A. a public good. B. a positive externality with subsidy. C. a negative externality. D. a positive externality.
The judging of an individual on the basis of the average characteristics of the group to which the individual belongs rather than the individual's characteristics is:
A. Statistical discrimination B. Reverse discrimination C. Human capital discrimination D. Wage discrimination