Credit cards are considered to be money because they facilitate exchange

a. True
b. False


B

Economics

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Unlike the minimum wage, the Earned Income Tax Credit does not:

A. create an incentive for employers to lay off low-wage workers. B. improve the economic well-being of the working poor. C. increase total economic surplus. D. cost the government money.

Economics

The basic reason why farm prices have declined has been that _________________________.

Fill in the blank(s) with the appropriate word(s).

Economics

Each of the HPAE promoted manufactured exports

Indicate whether the statement is true or false

Economics

When it is assumed that people desire a smooth pattern of consumption enjoyment, if not consumption expenditure, this limits the permanent-income and life-cycle hypotheses to predicting the demand for consumer

A) durables. B) durables and services. C) services and nondurables. D) nondurables and durables. E) nondurables.

Economics