Factors that shift the demand schedule for money include all of the following EXCEPT
A) interest rate paid on money.
B) payment technology.
C) interest rate paid on non-money assets.
D) wealth.
C
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Refer to the table below. According to the table, Martha has the absolute advantage in: Time to Make a PieTime to Make a CakeMartha60 minutes80 minutesJulia50 minutes60 minutes
A. both pies and cakes. B. cakes. C. pies. D. neither pies nor cakes.
Scarcity has no importance to understanding economics
a. True b. False Indicate whether the statement is true or false
One disadvantage of the corporate form of business is
a. the ability to raise money is limited by the ability to issue stock b. the corporation is a separate legal being c. double taxation d. the corporation hires professional managers e. the corporation must pay dividends to shareholders
If velocity is a constant, then the equation of exchange is an economic model
a. True b. False Indicate whether the statement is true or false