Gold is a perfect medium of exchange and measure of value because of its:
a. divisibility, portability, and homogeneity.
b. divisibility and durability.
c. durability and relative scarcity.
d. durability and homogeneity.
e. divisibility, durability, and relative scarcity.
a
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Which of the following events, ceteris paribus, would increase the demand for the Mexican peso?
a. a decrease in Mexican tariffs on goods purchased from the United States b. an increase in taste for Mexican-made products in the United States c. a decrease in taste for Mexican-made products in the United States d. a decrease in average incomes across the United States
In 2009 __________ agreed to pay $2.3 billion to settle civil and criminal allegations that it had illegally marketed its painkiller, Bextra.
Fill in the blank(s) with the appropriate word(s).
Refer to the graph shown. Total utility is at its maximum at point:
A. A. B. B. C. C. D. D.
Explain why the optimal amount of pollution is often not zero
What will be an ideal response?