According to the text, the main reason for people to hold money is
A) because they are irrational. B) to use it for different reasons.
C) to tell other people how rich they are. D) to enjoy looking at the pictures of past leaders.
B
You might also like to view...
When government regulations force a natural monopoly to produce where price equals average total cost, social welfare is
a. maximized b. less than it would be without regulation c. greater than it would be without regulation, but it is not maximized d. exactly the same as it would be without regulation e. minimized
China exports toys to the United States; in a closed economy China must have a domestic price that is ________ the world price of toys.
A. less than B. equal to C. close to D. greater than
The problem of economic scarcity applies
A. only to nations with few resources. B. to the economies of all nations, regardless of their levels of development. C. only in countries with no markets to meet people's wants. D. only in underdeveloped countries, because there are no productive resources in these nations.
In? 2017, the Bureau of Labor Statistics? (BLS) analyzed and revised its employment data for the period December 2007-December 2010. According to that? revision, the recession of 2007-2009
What will be an ideal response?