The asset demand for money is related to the function of money called
A) medium of exchange. B) standard of deferred payment.
C) store of value. D) unit of account.
C
Economics
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A car purchased by you is rival because:
a. you can prevent others from using your car. b. it has many competitors. c. your use of this car makes it unavailable for others. d. it is nonexcludable.
Economics
A good example of a merit good is
a. community colleges b. national security c. lighthouse d. sewer systems e. traffic lights
Economics
An assumption of the production possibilities frontier model is that technology is fixed
a. True b. False Indicate whether the statement is true or false
Economics
Foreign direct investment that takes the form of purchasing an existing plant is often called:
a. acquisition FDI. b. greenfield FDI. c. requisition FDI. d. brownstone FDI.
Economics